-The Hindu Only 75% of MGNREGS workers have been enrolled; many without Aadhaar number denied access to benefits GOLLAPROLU (EAST GODAVARI, AP): The popular tagline for the Aadhaar-linked Direct Benefits Transfer (DBT) is Aam aadmi ka paisa, aam aadmi ke haath (People’s money in their own hands). The DBT pilot project was launched in East Godavari district of Andhra Pradesh earlier this month, with Union Rural Development Minister Jairam Ramesh hailing the scheme...
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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra
-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
More »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...
More »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...
More »Charge of NGO funds racket -Ananya Sengupta
-The Telegraph A rights organisation today accused the Centre and state governments of giving huge, unaccounted grants to NGOs including blacklisted ones, often against a bribe. The Asian Centre for Human Rights said it was basing its claims on replies to a series of RTI applications it had filed in 2010. Releasing the report, “India’s Funds to NGOs Squandered”, the rights body’s director, Suhas Chakma, made these claims at a news conference...
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