NAC’s retrograde proposals fall short of creating a meaningful vision of food entitlement in the country The National Advisory Council (NAC) has finally come out with its proposals for the National Food Security Act. After months of deliberations within itself and with various government departments, the proposals will form the basis of the Act to be introduced in Parliament. However, a quick perusal of the proposals suggests that not only has NAC...
More »SEARCH RESULT
Poor get less food from Sonia's NAC
The National Advisory Council, headed by Congress President Sonia Gandhi, on Saturday settled for a much less ambitious National Food Security Act than it had previously agreed to. Scaling down its recommendations, it decided to recommend subsidised foodgrains for 46% of the rural Indian population and 28% of the urban population. The pruning of the recommendation had an immediate fallout, with the NAC member Jean Dreaze, face of the right-to-food security campaign,...
More »Smart cards for NREGA, Pension Beneficiaries
As part of its financial outreach programme in tune with national priority, city-based private sector Karnataka Bank Limited is all set to launch KBL-Empower Biometric smart card at Babbur in Hiriyur taluk of Chitradurga district on Wednesday. P Jayarama Bhat, managing director of the Bank, will launch the card in the presence of Range Gowda, CEO, Chitradurga ZP who will distribute the card to the beneficiaries. With this, the bank is...
More »CBI unearths major pension scam by S Vijay Kumar
11 postmen held for taking unauthorised commission Money involved is huge, says official The Central Bureau of Investigation on Monday unearthed a major scam in the disbursement of Old Age Pension (OAP) to senior citizens. Besides irregularities in the payout, investigators found that a majority of postmen took Rs. 20 as unauthorised commission from the beneficiaries. After a surprise check, special teams of the Anti-Corruption Branch arrested eleven postmen, including a woman, agency...
More »Manmohan Singh reviews financial inclusion efforts
The Prime Minister, Dr Manmohan Singh, on Friday reviewed the progress towards financial inclusion by banks in India. Dr Singh was briefed on the efforts being made by banks to reach banking services through information and communication technology based models and banking intermediaries to 73,000 rural habitations having population of over 2000 as per the 2001 census by March 2012. The Prime Minister also reviewed the safety and security measures...
More »