`Financial Inclusion' as defined by the committee of financial inclusion is the process of ensuring access to financial services and timely and adequate credit, where needed by vulnerable groups, such as weaker sections and lower income groups at an affordable cost. Reserve Bank of India (RBI) has selected Baikunthpur village in Narayanpur block of Mirzapur district to provide banking services to the villagers under its financial inclusion programme. The programme...
More »SEARCH RESULT
NREGA ties Bhadohi in knots by Geetanjali Krishna
The other day, I met a few carpet manufacturers from Mirzapur who were fuming about the state of affairs there. “In spite of the best weaving wages that we’re able to pay, far too many weavers have now turned to other jobs,” one complained. The recession in the West led to a massive slowdown in carpet exports, reducing the number of orders for weavers. Many found alternative jobs under the...
More »Shocking! Drought in the middle of India's floods
The Yamuna may be in spate near Delhi, states like Punjab, Haryana, Gujarat, Kerala and Tamil Nadu may be soaked wet and the Mithi river -- the lifeline of Mumbai -- could be flowing at the brim, but for people in the East and Northeast India the thirst for rain prolongs. They wait for the rain gods to smile upon them. Overall, this is one of the best monsoon India has...
More »Panchayat rulings have no legal sanctity, rules apex court by Dhananjay Mahapatra
In a significant ruling, the Supreme Court has held that there is no legal sanctity attached to verdicts of village panchayats, including khaps, that touch personal lives of couples, even if the community accepts such decisions. Handing out this ruling in a case where a village panchayat in Uttar Pradesh had granted divorce to an Army man from his teacher wife, a Bench comprising Justices P Sathasivam and B S...
More »Audit shock by Purnima S Tripathi
A social audit on the working of the ban on child labour in the domestic and hospitality sectors reveals a sorry state of affairs. LIKE any normal child, Illyas from Varanasi, a 13-year-old, wanted to go to a regular school and become an important man some day. But poverty forced him to start working at an eatery for Rs.200 a day so that he could feed his younger siblings. He,...
More »