-The Hindu KM Yadav of Kanpur emerges as a saviour for rural people GUNTUR (Vijayawada): An RTI activist from Uttar Pradesh, who runs his office from a tea stall in Kanpur, has emerged as an unlikely saviour for people tired of making rounds to government offices. Krishna Murari Yadav may not flex his muscles like Munna Bhai, but earned the title of K.M. Bhai from the residents of villages around Kanpur for addressing...

  Direct Benefit Transfer (DBT) or cash transfer might appear attractive on papers, but in reality it is opposed by its beneficiaries when implemented. Something similar to this has happened in the Nagri block of Ranchi district, where cash is being transferred to the aadhaar seeded bank accounts of beneficiaries in lieu of providing subsidized foodgrains. Cash transfers in the public distribution system (PDS) have been in operation in the Nagri block...

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...

-News18.com Released by economist Jean Drèze on Saturday, the survey looked into the workings of the Direct Benefit Transfer among 244 households in 13 villages in Nagri block of Ranchi, under which residents first collect their food subsidy in cash from their banks accounts, and then purchase rice from their ration shops at Rs 32 per kg. New Delhi: The Jharkhand government’s experiments with Direct Benefits Transfer (DBT) has left nearly 97...