One of the most intriguing features of India's agrarian economy in recent years is the persistence of agrarian distress in many regions, even while agricultural credit flow has risen sharply. Rising flow of credit to agriculture is normally associated with buoyancy in the farm sector. A closer look at the data on agricultural credit reveals that what is termed agricultural credit may have very little to do with agriculture, the...
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“Muslim students in Bihar unable to open bank accounts” by Vidya Subrahmaniam
Complaints have reached the Ministry of Minority Affairs (MMA) that as in Andhra Pradesh, in Bihar too, banks have refused to allow tens of thousands of Muslim students to open scholarship accounts. On July 28, the MMA wrote to all State Chief Secretaries directing them to facilitate the opening of “no frills, nil balance” accounts by minority students. This followed feedback that in Andhra Pradesh banks had turned away as many...
More »Ration shops to go hi-tech by Ravleen Kaur
AGRICULTURE minister Sharad Pawar has launched smart cards in Haryana and Chandigarh as a pilot project aimed at streamlining the public distribution system (PDS). Smart cards will replace paper cards and the subsidised ration bought at fair price shops (FPS) will be recorded online. The smart card will have biometric identification details of the beneficiary like fingerprints and iris scans. A smart card will also record the amount of stock a...
More »The banking woes of an “excluded” community by Vidya Subrahmaniam
Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...
More »Rush on parallel school bill
The Left Front government has fast-tracked the creation of a parallel school education system under the panchayat and rural development department, ignoring opposition from both within and outside the coalition. The government is pitching the bill as a tool to bring more students to schools, but has stoked fears that a system under the panchayat and rural development department — which does not have the expertise to run an education system...
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