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Decision soon on cash-for-food dole

The government will soon have to decide on the proposal of direct cash payments in lieu of food subsidy as a key committee of Parliament has asked the ministries concerned to decide quickly on the issue. This cash payment through smart cards is increasingly being seen as an option to prevent leakage in the public distribution system (PDS), and certain variants of the system are already being experimented with by...

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Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee

With nearly 60% of the country’s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open Bank Accounts and get...

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Women wage battle to win over poverty, oppression by Rahul Banerjee

Suffering from extreme poverty and male oppression, the women of Darkali village in Madhya Pradesh, India, are now able to feed their families through employment under the MGNREGS. The wages obtained under the Scheme help them augment the family resource base. Jashmabai is working under the punishing sun on an earthen dam in her village of Darkali, in Madhya Pradesh's Alirajpur district, being built under the government-funded Mahatma Gandhi National Rural...

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Insufferable

Governments in India — Centre and states — spend around one per cent of the country's GDP on health. Only five countries — Burundi, Myanmar, Pakistan , Sudan and Cambodia — have a lower figure than this. But private spending on the crucial sector is 4.2 per cent of GDP, among the top 20 countries in the world. Within this private spend, employers pay for about 9 per cent and...

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“Muslim students in Bihar unable to open Bank Accounts” by Vidya Subrahmaniam

Complaints have reached the Ministry of Minority Affairs (MMA) that as in Andhra Pradesh, in Bihar too, banks have refused to allow tens of thousands of Muslim students to open scholarship accounts. On July 28, the MMA wrote to all State Chief Secretaries directing them to facilitate the opening of “no frills, nil balance” accounts by minority students. This followed feedback that in Andhra Pradesh banks had turned away as many...

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