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SBI to use BCs for farm loan recovery

-The Business Standard   Achieves total financial inclusion in Andhra Pradesh. State Bank of India (SBI) is planning to use the rural banking correspondent (BC) network for farm loan recoveries in addition to the services prescribed under the financial inclusion plan by the Reserve Bank of India. The SBI’s Hyderabad circle with operational jurisdiction extending to the entire state of Andhra Pradesh is one of the first to achieve total financial inclusion. It has...

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A Real Priority by Bhaskar Dutta

The Union government has tabled two bills in the Lok Sabha in the last week of the winter session. Since one of them is the lok pal bill, it has hijacked virtually all the public attention. This is a pity for two reasons. First, there is considerable doubt whether the lok pal bill — in any form — can really be the magic solution that Team Anna would like us...

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Too little, too late by Harsh Mander

If we get it right, the Food Security Bill carries the potential to alter the destinies of millions of India's poor and disadvantaged people, by assuring them as a legal right sufficient food to live with dignity. It was approved by the Cabinet after over two years of intense, sometimes fractious debate. Opinion in the Cabinet itself was reportedly divided around the proposed law. Gaping divisions persist, even as the...

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Power of literacy by Aleesha Mary Joseph

Most of the respondents in Uttar Pradesh, Himachal Pradesh and Kerala prefer an effective PDS to cash transfer. THE survey of the public distribution system (PDS) in nine States, of which I was a part in Himachal Pradesh (Sirmaur district), Uttar Pradesh (Jaunpur district) and Kerala (Wayanad district), came as an eye-opener to me on many counts. If Himachal Pradesh stood out for the innocence of its people, Uttar Pradesh...

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Government to include more farm works under MGNREGA by Devika Banerji

The rural development ministry has rejected suggestions to halt the government's flagship rural employment scheme during peak farming seasons, proposing instead to include some core agricultural activities in its ambit to address concerns of labour shortage. This compromise formula follows Prime Minister Manmohan Singh's intervention to resolve differences between the ministries of rural development and agriculture.Agriculture minister Sharad Pawar had called for halting MGNREGA works during sowing and harvesting seasons....

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