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A bank account for Mary -Jayshree Venkatesan

-The Hindu The PMJDY celebrates success on its website, but thousands of Marys remain outside the banking system. This won’t change unless the scheme alters both design and implementation A few months ago, when the Pradhan Mantri Jan Dhan Yojana (PMJDY) was still being spoken of as a success for the largest number of accounts opened in a day, earning the government a Guinness world record, I visited the branch of a...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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Properly used, Jan Dhan Yojna could lessen farmers' suicides

-Hindustan Times For a country that is set to be ranked among the world’s top five economies over the next decade, India cannot afford to be counted as a home for impoverished farmers who are ending their lives because they do not have the money to return loans as small as Rs 10,000. According to the National Crime Records Bureau (NCRB) data, 5,650 farmers committed suicide in India last year. Bankruptcy and...

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NGOs’ foreign funds and a trust deficit -Trilochan Sastry

-The Hindu There is no organised conspiracy against NGOs. It is in the nature of power to exercise greater control, and exempt itself from accountability. The recent changes in the rules governing foreign funding of NGOs under the Foreign Contribution Regulation Act (FCRA) have been widely discussed. The last word on it will perhaps never be written. The UPA government initiated this and we see some concrete changes now. Sifting through the...

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Cash demand from LIC baffles activist -Gautam Sarkar

-The Telegraph Bhagalpur: An unusual demand of Rs 2 lakh by an insurance company in lieu of providing information to one Right to Information (RTI) activist from Bhagalpur has left the crusader in the lurch. Ajit Kumar Singh, the RTI activist, had sought information from the Life Insurance Corporation (LIC) of India about the details of implementation of a scheme, mainly aimed at the economically weaker sections and also about the works...

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