-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
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No Guarantee In Mahabubnagar -Chakradhar Buddha & Rajendran Narayanan
-The Indian Express Lack of adequate staff, payment delays undermine MGNREGA in a drought-hit district The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has completed 10 years and the NDA government recently claimed that its rule has resulted in a “transformation” in the implementation of the scheme. The veracity of the claim is highly questionable as we observe a wide lacuna in its implementation in several places. Here, we focus...
More »From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway
-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
More »Aadhaar comes to the rescue during Tamil Nadu floods -Saurabh Kumar
-Livemint.com With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs New Delhi: When heavy rains marooned large parts of Tamil Nadu, banking correspondents (BC) armed with Aadhaar-enabled micro-ATMs fanned out to help people retrieve cash from their bank accounts. The flood swept away many belongings including the bank pass book, debit card and other identification documents of S. Sangeetha, 28, who lives in Anumandai village in...
More »Aadhaar now most widely held ID with 92cr holders -Rajeev Deshpande
-The Times of India NEW DELHI: The Aadhaar card is now the most widely held identification document in the country with a voluntary enrolment of 92 crore people. It is also perhaps the sole ID for many of its holders, including many families below the poverty line. In comparison, 5.7 crore people have passports, 17 crore people PAN cards, 60 crore voter ID cards, 15 crore ration cards and 17.3 crore driving...
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