-The Indian Express Setting up women-only banks overlooks the reasons for their exclusion The women-only bank mentioned in the finance minister's budget speech is like flowers and chocolates — a sweet thought but just as unsubstantial. Financial exclusion of women is a real problem. It deserves far greater effort than sops like a women-only bank. Such a bank also runs counter to the logic of mainstreaming, rather than ghettoising, gender issues. It is...
More »SEARCH RESULT
A rough guide to India’s Food Security Bill
Introduced in the Lok Sabha in December 2011, the UPA government’s Food Security Bill is finally going to be discussed in the current (Budget) Session of Parliament. The proposed legislation is now slated to see many additional amendments from the government, following criticism from the States, NGOs and diverse stake-holders working on access to food and child health. Attempt here is to summarise in a Q & A format the...
More »Aadhaar must be basis for direct benefit transfers: Ashok Khemka
-The Economic Times The Direct Benefits Transfer (DBT) scheme commenced with the initial rollout in 20 districts covering seven scholarship schemes. Another 23 districts will be covered by March this year. The intention is to link all government benefits to Aadhaar-based identification of beneficiaries and to channelise the cash benefits through Aadhaar-enabled bank accounts. Irrespective of the merits of translating some benefits delivered in kind like in PDS into their cash-equivalent, for...
More »Varad Pande, Officer on Special Duty, Ministry of Rural Development interviewed by Samie Modak & Abhineet Kumar
-The Business Standard Varad Pande, officer on special duty, ministry of rural development, says the Aadhaar identification project aims to cover at least half of country’s population by next year. He talks about where it has reached, in an interview with Samie Modak & Abhineet Kumar. Edited excerpts: * What is the Aadhaar project’s status? The project started about two years earlier and now has a little more than 270 million enrolled, roughly...
More »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...
More »