A funding crisis has hit the government's efforts to leverage the banking correspondent model to provide banking services to the beneficiaries of its flagship rural employment guarantee scheme. Work has stopped in Orissa, the first state to adopt the model in all districts, after State Bank of India (SBI) refused to bear the cost of this financial inclusion drive for the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee...
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So who’s here for the tribals? by NC Saxena
Tribal communities are vulnerable not only because they are poor, assetless and illiterate compared to the general population, their distinct vulnerability arises from their inability to negotiate and cope with the consequences of their forced integration with the mainstream economy, society, and cultural and political system. The repercussions for the already fragile socio-economic livelihood base of the tribals have been devastating—ranging from loss of livelihoods, land alienation on a vast...
More »India's numbers
The world's second largest national headcount operation, the Census of India, is significant for several reasons. The largest peace-time administrative activity of the Indian state is also the third since economic liberalisation was initiated. Three decades is enough time for a nation to assess the economic impact and implications of a change in macroeconomic policies, and hence Census 2011 should provide statistical insights into what the move away from state-led...
More »Govt bites the bullet on subsidies by Sanjiv Shankaran
In a reformist move long recommended by various economists and panels, the government has set up a task force to create a way to directly transfer cash to the ultimate beneficiaries of various subsidy schemes, which are, at best, messy and, at worst, ineffective. The task force will be headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. A pilot will be rolled out in the next four...
More »UN pushes for social schemes to protect poor at mere fraction of national wealth
The United Nations began laying the groundwork today for a global “social protection floor” that would guarantee food security, health services for all and old-age pensions, with a senior official stressing that all that is lacking is the political will for an initiative needing minimum investment. “Social security is a human right. We’ve forgotten that for a very long time, but roughly only 20 per cent of the global population has...
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