Eminent economist and Vice-Chairman of the Kerala State Planning Board Prabhat Patnaik said on Saturday that the euphoria in official circles over financial inclusion has risen because of the “systematic scaling down of institutional credit to the peasantry and other productive sectors in the last two decades”. Delivering the centenary lecture dedicated to the memory of Prabhat Kar, a pioneer of the trade union movement in the banking industry, Mr....

Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...

KEY TRENDS   • Maternal Mortality Ratio for India was 370 in 2000, 286 in 2005, 210 in 2010, 158 in 2015 and 145 in 2017. Therefore, the MMRatio for the country decreased by almost 61 percent between 2000 and 2017 *14    • As per the NSS 71st round, among rural females aged 5-29 years, the main reasons for dropping out/ discontinuance were: engagement in domestic activities, not interested in education, financial constraints and marriage. Among rural males aged...

The Unique Identification Authority of India (UIDAI)’s ambitious plan of issuing a unique biometric-enabled number, innocuously called ‘aadhaar’, to every Indian resident has finally begun to generate a debate on citizen-State relations, privacy, financial implications, and operational practicalities. What the debate has largely missed so far, however, is the credibility of the UIDAI’s claims in the field of social policy, particularly the National Rural Employment Guarantee Act (NREGA) and Public Distribution...

The Bihar Rural Livelihoods Promotion Society, JeeVika, a state-led women’s self-help group, is active since 2007. Based on primary research, this article highlights the potential role of the individual rural woman – the didi – in driving the social and economic shifts necessary for sustainable poverty reduction in rural Bihar. The term didi is used to address an elder sister. It embodies the notion of respect. Traditionally, the term has remained...