-The Hoot We can either spend another year discovering how much the old model is disintegrating or we can explore alternatives. But India has not developed a tradition as yet of not-for-profit journalism, says SEVANTI NINAN. Two recent developments at the New York Times and at Time Inc. which publishes Time magazine underscore the fact that financing has and will remain become the number one issue for the future of journalism as...
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Aadhaar is adequate to open a bank account: RBI
-The Hindu mumbai: The Reserve Bank of India's committee on comprehensive financial services for small businesses and low-income households headed by Nachiket Mor on Friday said that the Aadhaar process was adequate to enable every Indian to get a bank account by January 1, 2016. "Target is dependent on our perception of what is happening to Aadhaar. The bank account target is really an electronic target, as we have articulated it....
More »Salaam mumbai! -Anupama Katakam
-Frontline A report by ActionAid and the Tata Institute of Social Sciences highlights the vulnerability and tragic living conditions of thousands of children who take shelter in mumbai's streets. IN 1988, the acclaimed film-maker Mira Nair made Salaam Bombay!, a poignantly revealing film on street children in mumbai. The plot revolves around the protagonist, Krishna or "Chaipau", who is kicked out of his home by his mother for having damaged his...
More »Have bank accounts for all by Jan 2016: RBI panel
-PTI mumbai: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...
More »No Aadhar, no LPG subsidy-Jyotika Sood
-Down to Earth Gas cylinder subsidy will be transferred only to those consumers who get their Aadhar number linked to LPG consumer number, insists petroleum ministry in spite of Supreme Court order to the contrary In blatant violation of Supreme Court orders, the Union petroleum ministry continues with its stand on linking Aadhar numbers with LPG cylinder subsidy. The ministry and the three oil companies that supply gas cylinders to consumers have...
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