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Saving for rainy days -Savvy Soumya Misra

-Down to Earth   People of West Bengal's Sunderbans region are setting up grain banks to safeguard against food crisis Subedan Bibi's mud hut is a few metres from the banks of the Bakchara river, a distributary of the Hugli in Sunderbans region of South 24 Parganas. When the river is in spate she and most others of Goyadham village move to the main market in the nearby block. "Floods and storms destroy...

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How candidates cook books to spend crores over Election Commission limit

-The Times of India Elections, it is said, are about spending big. This despite repeated poll panel efforts to curb candidate expenses. The EC rule book is clear: Each candidate is entitled to spend a maximum of Rs 70 lakh and it is mandatory for the nominee to file daily expenses. On the ground, a different story plays out and contestants find ways to beat the book. Politicians begin spending the day...

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Farmers' suicides reflect the crisis in India's grain bowl -Gautam Dheer

-Deccan Herald Behind all the ostentation, glitz and glamour of the recently concluded mega ‘Progressive Agriculture Summit' in Punjab lies the harsh reality of farmer suicides and the burgeoning agrarian crisis that this border state reels under. A state government commissioned study conducted by three prominent universities in Punjab lay bare the magnitude of the crisis. On an average estimate, three persons committed suicide every two days in last one decade in...

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Usha Ananthasubramanian, first CMD of Bharatiya Mahila Bank interviewed by Aarti Dhar

-The Hindu Bharatiya Mahila Bank (BMB) is the first of its kind bank in India, meant for women. However, the bank is neither completely run by women, and nor is it exclusively for women. The first CMD of Bharatiya Mahila Bank, Usha Ananthasubramanian, explains to The Hindu the concept of the Bank which is just about two months old. Edited excerpts from the interview: * How is Bharatiya Mahila Bank different from the...

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Have bank accounts for all by Jan 2016: RBI panel

-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...

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