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Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav

-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...

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Cold Wave Coupled With Fog Cripples North India

-Outlook Seven more persons fell prey to biting cold wave in UP where death toll due to the harsh weather touched 69 today, while most other parts of North India also shivered and fog disrupted rail and air traffic. The National capital had a gloomy weather as the fog returned after four days, and the maximum temperature was recorded at 17 degree Celsius, a drop of four notches. The minimum was recorded...

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People of no fixed address-Sunil Sethi

-The Business Standard Are these people expected to return to their villages and hometowns to hang around waiting for the Unique Identification Authority of India to set up shop?  Workers returning to their jobs in metros from remote villages in Bihar and Jharkhand have lately been complaining that they are barred from boarding Trains unless they show sufficient identification, including proof of residence in cities. Whether this is a run-up to the...

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65% foodgrains of central pool lying in open in Haryana

-The Economic Times CHANDIGARH: Haryana government's claims of creating more space for storage of food stock are being questioned as over 65% wheat and rice stock of central pool is kept in the open in the state. With the Centre yet to lift 39.36 lakh tonne grains procured between 2009 and 2011, there is no space for paddy arriving and wheat expected to arrive after three months. "The food secretary has already assured...

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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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