-The Hindu Prompt payment through bank; corruption eliminated; in fact, some workers have a saving They are all manual workers earning Rs. 100 daily under the Mahatma Gandhi National Rural Employment Guarantee Scheme and some of them have a bank balance — no matter how small — made possible because of their financial inclusion and the introduction of technology that links their accounts biometrically through the Aadhaar number. As the new system ensures...
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State Food Ministers express reservations about food bill by Gargi Parsai
Even as the Centre prepares to implement its proposed national Food Security Act, States have expressed their unhappiness about the contours of the Bill, particularly the cap on the number of beneficiaries which will automatically reduce their allocation of subsidised foodgrains. Requirement of funds, more foodgrains for distribution under the Targeted Public Distribution System (TPDS), and paucity of storage capacity was a common refrain during the two-day conference of State Food...
More »Aadhaar brings pension home by Santosh K Kiro
For a change, Mangal Bedia did not board a crammed bus today and travel 15km to withdraw his old-age pension from a bank. The 70-year-old from Dohakatu village in Ramgarh district, along with 100-odd fellow elders, became the first citizens to access old-age pension by using their Aadhaar numbers with handheld ATMs on the doorstep. The banking service reached their village, thanks to the Unique Identification Authority of India (UIDAI). Until today,...
More »jharkhand UID success on national stage by Chetan Chauhan
The Nandan Nilekani-headed Unique Identification Authority of India (UIDAI) is set to replicate, at the national level, jharkhand's success in disbursing money to people at their doorsteps. On Tuesday, the UIDAI launched its unique identification or Aadhaar-based platform to link public entitlements to Aadhaar-linked bank accounts. It would mean that governments would be able to directly deposit subsidies into the bank accounts of beneficiaries of schemes such as the Public Distribution System, old-age...
More »CNT Act provisions: Bank credit denied to tribal people by Santosh Narayan
Chhotanagpur Tenancy (CNT) Act-1908 came into existence to safeguard rights of the tribals, especially on their traditional landholdings. It is not very clear how much the Act has been successful in assuring the rights to the traditional dwellers, though it is an open secret that it has denied them access to bank credits, thus hampering them financially. Latest figures suggest that bank loans to Scheduled Tribe and Scheduled Caste have moved...
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