-The Hindu Mumbai: The Reserve Bank of India's committee on comprehensive financial services for small businesses and low-income households headed by Nachiket Mor on Friday said that the Aadhaar process was adequate to enable every Indian to get a bank account by January 1, 2016. "Target is dependent on our perception of what is happening to Aadhaar. The bank account target is really an electronic target, as we have articulated it....
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Slums: Two stories -R Suresh
-Frontline The latest NSSO estimates put the number of slums in India at a much lower level than Census 2011. The latest National Sample Survey Office (NSSO) survey estimates the number of slums in India at 33,510 with 8.8 million households in them. The study, "Key indicators of urban slums in India", was conducted between July and December 2012. Census 2011's "Housing stock, amenities and assets in slums" puts the number of...
More »Paradox of Poverty amid Plenty -Jaswant Kaur
-The New Indian Express Most people would have been shocked to read the year-end report that India has been ranked 63rd, much below countries like Pakistan, Bangladesh and Nepal, on the Global Hunger Index (GHI), a yardstick used by the International Food Policy Research Institute (IFPRI) to comprehensively measure global hunger. The index is calculated as an average of three indices-undernourishment, underweight children and low child mortality rate-and is measured on a...
More »Have bank accounts for all by Jan 2016: RBI panel
-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...
More »World Bank provides $ 500 million loan to rural water supply and sanitation project -Swati Mathur
-The Times of India LUCKNOW: The World Bank has approved a $500 million credit for the rural water supply and sanitation (RWSS) project to improve piped water supply and sanitation services through decentralized delivery systems in the states of Assam, Bihar, Jharkhand and Uttar Pradesh. According to Census 2011 data, only 31% of the 167 million rural households in India have access to tap water and domestic toilets. About 67% of the...
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