-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
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Age of graft -CP Chandrasekhar
-Frontline Corruption tends to be greater in periods when there is a state-engineered redistribution of wealth in favour of a few at the explicit or implicit expense of the many. Liberalisation is one such period. IT cannot be verified and may not be true. But, the view that the record of graft and corruption during the two-term, nine-year rule of the United Progressive Alliance (UPA) is the worst in India's post-Independence...
More »Tribals set to decide Vedanta project’s fate -Nitin Sethi
-The Times of India NEW DELHI: The villages of Dongriya Kondh tribals around Odisha's Niyamgiri hills are likely to simmer again as the Centre and the state government along with civil society groups are planning to converge on the site for the proposed Vedanta bauxite mine. The Supreme Court order has left it to the villagers to decide the fate of the Vedanta project, and the call revolves on whether the venture...
More »Rural job plan under DBT from October -Chetan Chauhan
-The Hindustan Times The UPA government intends to put the world's biggest job guarantee programme - MGNREGA - on its "game-changer" money transfer platform - the Direct Benefit Transfer (DBT) from this October. That would happen if the government agencies are able to provide unique identification or Aadhaar numbers to entire population in 51 districts, where the government intends to put MGNREGA under DBT mode, and the banks and posts offices come...
More »Evaluation office for rural development -Elizabeth Roche
-The Times of India The new office will give real time analysis of the government's social programmes, says Jairam Ramesh At a time when the Congress-led United Progressive Alliance (UPA) government is facing flak for a series of alleged corruption scams, the ministry of rural development that has an annual budget of approximately ` 800 billion has decided to go ahead and create an office of concurrent evaluation. The proposal for a...
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