-The Hindu Hyderabad: Phailin could generate ocean waves of 8.5 m on the coast.About 40,000 people in Visakhapatnam, 4,000 in Vizianagaram and 20,000 in Srikakulam districts of Andhra Pradesh were evacuated. Thousands of people living in vulnerable areas along the coastline in Odisha and Andhra Pradesh were evacuated, several trains cancelled and armed forces put on standby as the ‘very severe cyclonic storm', Phailin, with a wind speed close to that of...
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World Bank calls NREGA a stellar example of rural development
-The Economic Times NEW DELHI: For the beleaguered UPA government, here are some words of praise. The flagship rural employment guarantee scheme has comes in for praise from the World Bank, five years after it described the programme as "policy barrier" to economic development and poverty alleviation. The World Development Report 2014 has described the Mahatma Gandhi National Rural Employment Guarantee Act as a "stellar example of rural development". At the heart...
More »Punch in recipient's Aadhaar number to transfer funds
-The Economic Times MUMBAI: Bank account holders can now send money to any individual through Mobile banking by merely entering the recipient's Aadhaar number. National Payments Corporation of India, which launched Aadhaar-based remittances on Wednesday, sees its use in micro-payments such as taxi fares and small purchases. The transfers can be done using the most basic phones through SMS for small amounts or through Mobile banking apps for amounts over Rs...
More »Misery in Seemandhra piles up as agitation continues
-The Times of India HYDERABAD/ VIJAYAWADA: With another round of talks between the government and protesters failing to end the impasse over bifurcation of Andhra Pradesh, the misery of denizens is increasing every minute across strife-torn Seemandhra. From a foundry worker in Vijayawada to an upper middle class banker in Visakhapatnam, the two-month strike, which has gathered more steam now has spared none, with heartrending stories of people suffering across the roiled...
More »World Bank hails MNREGA job scheme
-PTI The job scheme has established the country as a model of inclusive development worldwide The government's ambitious rural job scheme MNREGA has not only unleashed a revolution in rural India but has also established the country as a model of inclusive development worldwide, says a new World Bank report. Hailing MNREGA, 'The World Development Report 2014 (WDR 2014), Risk and Opportunity -Managing Risk for Development' says the scheme illustrates how good governance and social Mobilisation...
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