The RTI Act was envisaged as a potent weapon to fight corruption by ushering in an age of transparency. Yet powerful men in power have ganged up to throttle the law through deliberate delays and by arm-twisting applicants. A comprehensive look at the law. Aweapon in the hands of people. That was how the Right to Information (RTI) Act was envisaged, almost six years back. But the bureaucracy, in connivance with...
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Bad debts on farm loans pile up by Pradeep Thakur
The government has enhanced credit to the agriculture sector by Rs 1 lakh crore in the Budget but the pressure to meet the target has been showing on the bottom lines. All government banks are reporting an increase in their bad debts on farms loans ranging between 80% and 2000% in the first nine months of 2010-11. State Bank of Bikaner and Jaipur reported the highest increase in non-performing assets...
More »Funding crisis hits efforts to make banking services easy for Nrega beneficiaries by Devika Banerji
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...
More »MGNREGA a success in M’laya
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a landmark legislation to improve the economic condition of rural mass of India through an assured 100 days of employment per household per year, was initially implemented in West Garo Hill and South Garo Hills districts of Meghalaya in 2006, with much publicity. The scheme emanating from the MGNREGA for providing unskilled manual work for 100 days per household at Rs...
More »Invisible people by R Krishnakumar
Some 10 lakh to 30 lakh migrant labourers take up skilled or semi-skilled work in Kerala. THE State Bank of India has a branch near the Raj Bhavan in Thiruvananthapuram, in a by-lane on the avenue leading to the Kowdiar Palace, the residence of the former maharajas of Travancore. It is a cosy little place on the first floor of a nondescript building, and the clientele includes the rich and...
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