Anxious to ensure fiscal discipline and manage financial resources for its flagship programmes, UPA-2 is considering deletion of the Above Poverty Line (APL) beneficiaries from the ambit of the proposed food security law. It seems garnering money for UPA's pet promise of "food for all" is turning out to be a big headache as a note circulated for the Empowered Group of Ministers (EGoM) has argued in favour of mandating...

Just as microcredit on its own does not represent full financial inclusion, it is our view that neither do business correspondent accounts In a country of 1.2 billion individuals, if we exclude children, we should at least have 900 million bank account holders before we can say the job of basic inclusion in banking is complete. No matter how we count, however, the actual number of bank account holders do not...

‘Steps needed to ensure effective utilisation of funds’  Taking a serious note of the non-allocation and under-utilisation of resources for various government schemes, civil society organisations have sought more funds for flagship schemes in the health and education sectors in the Union budget and steps to ensure utilisation of the funds allocated. The Centre for Budget and Governance Accountability and Oxfam India said on Tuesday that there was a need...

After more than six months wait, HRD minister Kapil Sibal on Friday signed the file for the notification of the Right to Education Act, 2009, in the next few days and its implementation from April 1. Delay in working out the finances and funding pattern between the Centre and states were the reasons given by HRD ministry for sitting on the notification. But the funding pattern is yet to be...

India’s relative position with respect to the Education Development Index remains poor. There is a lot to do in terms of improving schooling facilities.  According to the ‘EFA Global Monitoring Report 2010’ (UNESCO), India’s rank was 105 among 128 countries. And it continues to figure, along with a bunch of African and one or two Asian countries, such as Pakistan and Bangladesh, in the group of countries with a low...