The nearly 10 crore farmers who hold kisan credit cards (KCC) will soon be able to use their card as a deposit account and a debit card. This will help the government scale up its financial inclusion plan quickly without relying on bank accounts alone. KCC, which has been instrumental in faster delivery of credit to farmers, is like an overdraft account with a bank that has to be operated through a...
More »SEARCH RESULT
Total Matching Records found : 2404
State’s paddy slip showing by Pranesh Sarkar
Two of the three Bengal agencies tasked with procuring paddy directly from farmers have failed to do so till now because of lack of funds, a revelation that blunts the state government’s attempt to blame the Centre. Paddy procurement is one of the purported issues over which the Congress and the Trinamul Congress have been calling each other names. The state government had pointed fingers at the Centre-run Food Corporation of...
More »DDA to deliver 8,000 houses for lower income groups this year
-The Hindu One lakh LIG/EWS housing units to be ready in three years Delhi Development Authority vice-chairman G. S. Patnaik on Tuesday reaffirmed the Authority's intention to deliver one lakh housing units for low-income and economically weaker sections of society within three years. He said construction of 20,040 EWS houses using prefab-technology was progressing and he expected to deliver 8,000 of these units in 2012. Mr. Patnaik said that 12,000 demand letters were...
More »Job scheme wages through Aadhaar launched in Jharkhand
-The Hindu To overcome the delay in payment of wages to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) workers in Jharkhand, allegedly owing to administrative apathy, the Unique Identification Authority of India (UIDAI) has piloted a project in Jharkhand. Under the project, online authentication and Aadhaar Enabled Payment System (AEPS) in respect of MGNREGS was conducted in three blocks of three districts. First time in India For the first time in India,...
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 »
