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Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav

-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...

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3.5 crore MGNREGA post office accounts can now be used for cash transfers -Priscilla Jebaraj

-The Hindu With a single stroke, the government has made over 3.5 crore existing post office accounts ready for its new Aadhaar-linked cash transfer scheme. The accounts, which belong to MGNREGA workers over the country, were originally to be used only for receiving wages under the rural employment guarantee scheme. However, the government has now woken up to the potential of using the ready-made network of accounts to directly transfer benefits such...

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The poorest shun MGNREGA-Jitendra

-Down to Earth Participation of Scheduled Castes, Scheduled Tribes in the scheme has halved in five years The Centre’s flagship rural employment guarantee scheme seems to be losing appeal for its target groups. An analysis of the monitoring report of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) by Down To Earth (DTE) shows participation of the Scheduled Castes and Scheduled Tribes in the scheme has more than halved in last...

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Food bill to cover 67% india, wider coverage in 250 districts -Zia Haq

-The Hindustan Times The flagship National Food Security Bill — whose final contours have now emerged —will give 67% of the population, or about 800 million Indians, a legal right to food aid, while in 250 poorest districts of the country, 90% of the people will be covered. Jammu and Kashmir and the eight northeast states will also get 90% coverage since these areas are considered vulnerable to "food shocks". The bill,...

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Government plans to introduce direct cash transfer for food subsidy in 6 UTs and ‘willing states’-Urmi A Goswami

-The Economic Times The government plans to introduce direct cash transfer for food subsidy in six Union Territories and 'willing states' for PDS scheme, taking a key step to plug leakages in welfare schemes. In the pilot project, expected to be rolled out from April, Beneficiaries will receive the subsidy amount in their bank accounts, and will buy rice and wheat from the fair price shops. The fair price shops will sell...

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