-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...
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Don’t leave out the small farmer -S Chandramohan
-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
More »Putting the poor on the list -Charan Singh, Akshay Goenka and Ritesh Garg
-The Hindu Business Line A new approach to Financial Inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers Financial Inclusion as an important thrust area and the Prime Minister is expected...
More »Aadhaar gets a lifeline as Nandan Nilekani impresses Narendra Modi and Arun Jaitley -Vikas Dhoot & M Rajshekhar
-The Times of India NEW DELHI: Four days before Prime Minister Narendra Modi made his first public statement surprisingly backing the Unique Identification Authority of India (UIDAI), former UIDAI chairman Nandan Nilekani met with the PM and finance minister Arun Jaitley and persuaded the new regime to persist with Aadhaar numbers and the Direct Benefits Transfer (DBT) scheme. This meeting - a life-saver for the Aadhaar programme - happened on the first...
More »Ration card’s out, Aadhaar in to open bank accounts -Mayur Shetty
-The Times of India MUMBAI: The ration card - the government issued booklet for availing of subsidized food under the public distribution service - is set to lose its privileged status as a valid document for opening bank accounts. Aadhaar is now set to become the single universal document for opening a bank account in India. In a circular dated July 17 addressed to banks, the RBI said that it has revised...
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