At a time when the government and regulators are emphasizing inclusion and increase in credit delivery to those without access to formal sources of finance, private sector banks are found to have low credit-deposit ratios in rural areas as compared to public sector counterparts. In a recent interaction at the state-level bankers committee (SLBC) meeting, in which Reserve Bank of India governor D Subbarao was present, bankers brought this to the...

Chief minister Nitish Kumar’s ambitious new effort on land survey and consolidation could become another perilous flirtation with the hornet’s nest. Days after its unveiling at the presentation of the first annual report card of Nitish’s second term, a top minister in his cabinet sounded both alarm and caution on the land survey proposal. “Land, as the chief minister himself knows, is an extremely sensitive and volatile issue,” he told The...

Minority welfare schemes should target not districts but smaller units like hamlets and urban wards so that nobody passes under the radar, Sonia Gandhi’s National Advisory Council has told the Centre. The Centre’s 15-point programme for minorities, based on Sachar Committee recommendations, aims at multi-sector development in 90 districts with large minority populations. But the council believes this approach misses many who most need help while many non-minority residents reap indirect...

-The Business Standard   Vimla Devi is a committed anganwadi worker (AWW) in a remote village in Uttar Pradesh, the most populated state of India. Anganwadi is a village level institution under Integrated Child Development Scheme (ICDS), one of the most talked about flagship programmes of the Indian Government. She is also the weakest link in a critical programme, which is underfunded, says Shantanu Gupta in the first of field-data reports, the...

-The Hindu   The People's Movement Against Nuclear Energy (PMANE) on Sunday slammed the report of the Government-appointed expert committee on Kudankulam as being extremely flawed, premised on obsolete demographic data and opaque on the risks from sub-volcanic activity near the site or health impact on the local population. The PMANE also released a letter to Chief Minister Jayalalithaa seeking her intervention in scrapping the project. In the letter to the Chief Minister–copies of...