-The Indian Express Setting up women-only banks overlooks the reasons for their exclusion The women-only bank mentioned in the finance minister's budget speech is like flowers and chocolates — a sweet thought but just as unsubstantial. Financial exclusion of women is a real problem. It deserves far greater effort than sops like a women-only bank. Such a bank also runs counter to the logic of mainstreaming, rather than ghettoising, gender issues. It is...
More »SEARCH RESULT
Micro ATMs Planned for Transfer of Cash to Poor -M Rajshekhar & Dheeraj Tiwari
-The Economic Times The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide network of ‘micro ATMs’, as it seeks to finalise the last-mile payment architecture for cash transfers. In a meeting on Monday evening, Rural Development Minister Jairam Ramesh, UIDAI Chairman Nandan Nilekani, and Planning Commission officials met Finance...
More »Aadhaar, the focus changer-Shubhashis Gangopadhyay
-The Business Standard UID can shift focus from the government's functioning to the intended beneficiaries and ease of access The central government is seriously thinking of putting in place a technology-based platform to hand over subsidies directly into the hands of their intended beneficiaries. A number of pilots are under way for handing over, for example, kerosene subsidies for household consumption. While this is largely a central government initiative, state governments...
More »A futures shock from FCI-Devinder Sharma
-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
More »Anna comes down to earth-TK Arun
-The Times of India A middleclass dream that politics can be redeemed by means other than politics has just ended, with Team Anna’s decision to launch a political party and join the fray. Many of his ardent supporters and well-wishers have registered deep disappointment. Anna is becoming part of the problem, they cry. The problem was with the hope that gods out of the machine can serve up deliverance on a...
More »