-Livemint.com With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs New Delhi: When heavy rains marooned large parts of Tamil Nadu, banking correspondents (BC) armed with Aadhaar-enabled micro-ATMs fanned out to help people retrieve cash from their bank accounts. The flood swept away many belongings including the bank pass book, debit card and other identification documents of S. Sangeetha, 28, who lives in Anumandai village in...
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Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee
-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...
More »Make the demographic dividend count before it becomes a curse
-Hindustan Times The recently released census data on India’s youth unemployment has only confirmed what some experts have been cautioning about. Nearly one in every four or 24% of those between 20 and 24 years of age are looking for jobs. Given the size of India’s population, this translates into millions of youth who join the army of job hopefuls every year. This raises some serious questions. How many workers will...
More »Like it or not, reports show people want MNREGA jobs -Mahua Venkatesh
-Hindustan Times If you are a fence sitter on the Mahatma Gandhi National Rural Employment Guarantee Programme (MNREGA), not sure whether it is good or bad, here is data to confuse you some more. As payments for jobs under the scheme remain sluggish, there has been a 60% increase in households registering for the programme in the August to November period this year. The higher registration of households is expected to push...
More »UNDP calls MGNREGS best job guarantee plan for rural poor
-The Economic Times LUCKNOW: The latest edition of the United Nations Development Programme report on Human Development Index released on Monday has referred to Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as among the best known employment guarantee schemes providing direct jobs to the rural poor. Interestingly, in February this year, Prime Minister Narendra Modi had referred to the scheme as a "living monument" of Congress-led UPA government's failures. MGNREGS, which...
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