Just as microcredit on its own does not represent full financial inclusion, it is our view that neither do business correspondent accounts In a country of 1.2 billion individuals, if we exclude children, we should at least have 900 million bank account holders before we can say the job of basic inclusion in banking is complete. No matter how we count, however, the actual number of bank account holders do not...

A difference of opinion between two ministries has put paid to a six-month-old proposal to extend a government health insurance scheme for the poor to those working under the government’s flagship job guarantee programme. The Rashtriya Swasthya Bima Yojana (RSBY) offers cashless hospitalization benefit up to Rs30,000 for a poor family of five. Nearly 11 million families have been issued smart cards since the scheme was introduced through the labour ministry...

From Bihar to America, via rickshaw. That’s the feat Irfan Alam has pulled off, winning an invite from President Barack Obama for his work with rickshaw-pullers and proving that Lalu Prasad isn’t the only Bihari worth a toast for his business acumen. The 35-year-old IIM Ahmedabad graduate, who has redesigned and smartened up rickshaws and helped boost the pullers’ earnings and dignity, is one of 79 “unique” entrepreneurs from across the world...

When Gadchiroli Collector Atul Patne and his predecessor Niranjankumar Sudhanshu accept a special medal from Prime Minister Manmohan Singh tomorrow in New Delhi for their NREGA performance, they will rebut a widely held belief that good government work can't be done in Naxal-affected areas, a belief that's often used as an alibi for inaction. Gadchiroli, which became the biggest hotspot in the Red Corridor in 2009 with three police ambushes...

Fake entries and wrong entries have been the bane of the government’s flagship welfare plan — the National Rural Employment Guarantee Scheme (NREGS). However, Uttar Pradesh has found a way out. Starting July 2009, the state Department of Rural Development introduced the biometric smart card attendance system in 10 villages of two blocks, and in 2010, it plans to extend the same to at least one block in each of...