-The Financial Express The scheme, part-funded by the World Bank, aims at pushing recharge of groundwater sources and efficient use at the local level. Rapidly-depleting groundwater in nearly a third of the blocks that were assessed in a study by the Central Ground Water Board (CWGB) has caused, The Times of India reports, the Centre to put the Rs 6,000-crore Atal Bhujal Yojana on fast-track. The scheme, part-funded by the World Bank,...
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Women hold over 50% of Jan Dhan accounts
-The Times of India NEW DELHI: In what marks a boost for financial inclusion, more than half of PM Jan Dhan Yojna account-holders are women and they are also carrying out transactions rather than merely opening accounts, a sample survey by a financial inclusion consulting firm has indicated. The “State of the Agent Network 2017” report released by Microsave on Wednesday found that there has been a more than 200% increase in...
More »Customers defrauded at 4 PSBs through Aadhaar-based authentication misuse -Somesh Jha & Namrata Acharya
-Business Standard The banks - Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank - recently reported the matter to the Union government New Delhi/ Kolkata: The staff of four public sector banks (PSBs) has been alleged to have salted away depositors’ money by misusing the latter’s Aadhaar-based authentication. The banks — Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank – recently reported the matter to the Union government,...
More »From Plate to Plough: How to help the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...
More »Beneficiaries not using subsidy amount to buy foodgrain: Puducherry -Dipak K Dash
-The Times of India NEW DELHI: The Puducherry administration has approached the Union food ministry to seek a return to the system of distributing subsidised foodgrain, instead of crediting the subsidy to the Bank Accounts of beneficiaries. The Union territory administration has claimed the beneficiaries are not using the subsidy amount to buy foodgrain. "The chief minister recently put up this proposal before Union minister Ram Vilas paswan. The UT administration...
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