The Smart Card Project is helping nearly 12.7 million poor people in Andhra Pradesh to get timely payment of wages It was conceived as a vehicle to promote financial inclusion by taking banking services to the unbanked poor, harnessing information and communications technology to ensure the benefits of public welfare programmes reach those they are intended for by plugging leakages. The Andhra Pradesh Smart Card Project, launched in 2007, is...
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Jayalalitha questioned in Indian court over corruption by Habib Beary
Prosecutors have begun questioning the controversial chief minister of India's Tamil Nadu state, Jayaram Jayalalitha, in a corruption case against her. She is accused of amassing huge amounts of wealth during a previous term as chief minister between 1991 and 1996. She denies the allegation. The case was Transferred from Madras (Chennai) in Tamil Nadu to Bangalore, capital of neighbouring Karnataka state, to ensure a fair trial. Security was tight for her appearance. Known...
More »‘9,900 pieces of information on black money obtained'
-The Hindu Revised pact with Switzerland will allow India to obtain banking information in specific cases: Finance Minister Having impressed upon the G-20 nations the need to adopt automatic sharing of banking and tax-related information at the Paris Ministerial meeting last weekend, Union Finance Minister Pranab Mukherjee on Wednesday sought to highlight the “noteworthy” achievements and the progress made back home in unearthing unaccounted income. In his inaugural address at the ‘Economic Editors'...
More »Fortifying our future by Kalpana Kochhar
-The Hindustan Times The World Bank and International Monetary Fund just concluded their annual meetings in Washington. At an event on nutrition in South Asia, the evidence presented was clear and astonishing. On the one hand, South Asia has experienced robust economic growth averaging 6% a year over the past 20 years. On the other hand, the region continues to have unacceptably high rates of malnutrition with Bangladesh and India having...
More »Justice for Vachathi by S Dorairaj
It has been a long and difficult road to justice for the tribal residents of this village in Tamil Nadu's Dharmapuri district The injustice done to the tribal people of India is a shameful chapter in our country's history. The tribals were called ‘rakshas' (demons), ‘asuras', and what not. They were slaughtered in large numbers, and the survivors and their descendants were degraded, humiliated, and all kinds of atrocities inflicted on...
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