The much-vaunted NREGA has defaulted on many of its promises “There are many households in our village who have NREGA cards but have not sought work for over two years,” says 32-year-old Umesh Kumar, gram pradhan of Bhainswal village, in Muzaffarnagar district of Uttar Pradesh. In fact, Kumar recounts having to actually go around persuading people to come for work “whenever we get projects for implementation under NREGA”. This first-time...
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Jairam Ramesh promises succour to poor, single women by K Balchand
-The Hindu Despite low literacy rates, most of the low-income single women in the country are not dependent on their families but run their households on their own, according to the findings of a study released by Union Minister for Rural Development Jairam Ramesh. However, since the government does not consider them so, they are neglected and forced to survive on less than the prescribed minimum wage. Mr. Ramesh released the study...
More »Rural women turn bankers by Gagandeep Kaur
Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...
More »SBI to use BCs for farm loan recovery
-The Business Standard Achieves total financial inclusion in Andhra Pradesh. State Bank of India (SBI) is planning to use the rural banking correspondent (BC) network for farm loan recoveries in addition to the services prescribed under the financial inclusion plan by the Reserve Bank of India. The SBI’s Hyderabad circle with operational jurisdiction extending to the entire state of Andhra Pradesh is one of the first to achieve total financial inclusion. It has...
More »A Real Priority by Bhaskar Dutta
The Union government has tabled two bills in the Lok Sabha in the last week of the winter session. Since one of them is the lok pal bill, it has hijacked virtually all the public attention. This is a pity for two reasons. First, there is considerable doubt whether the lok pal bill — in any form — can really be the magic solution that Team Anna would like us...
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