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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...

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Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari

-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....

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Won’t foot food bill: States -Dipak Kumar Dash

-The Times of India NEW DELHI: Several states want the Centre to foot the bill for all associated expenses such as transportation and commission to ration shops under the Food Security Act when it takes the credit for the scheme. Almost all states including Congress-ruled ones asked the Centre to bear these expenses which is estimated to be around Rs 10,000 crore annually. While most states represented by food ministers on Tuesday...

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Aadhaar, fingerprint scan enough to open bank account-Mayur Shetty

-The Times of India MUMBAI: A few weeks after RBI governor Raghuram Rajan stressed on building credit histories of individuals based on the Aadhaar number, one bank has introduced unique identity-based eKYC for opening loan and savings accounts. Axis Bank, which is using payment company Visa's network to access Aadhaar database , will introduce the eKYC facility in around 25 branches next week. The branches will open loan and deposit accounts based...

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Thanks to Sarva Shiksha Abhiyaan and Anganwadi system, more and more village girls are going to school -Abheek Barman

-The Economic Times As elections approach and the campaign gets shriller, the UPA and opposition parties are in the market for talking points to pin each other down. The BJP gloats that it created more jobs in its five years than UPA-I managed to create between 2004 and 2009. This is correct: between 1999-2000 and 2004-05 when the BJP was in power, the total number of jobs went up by a little...

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