The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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Updating Aadhaar for better privacy -Rahul Tongia
-The Hindu Each authorised user of the system would get a longer number that is generated to be unique, but based on the base UID number. To its proponents, Unique Identification (UID, branded Aadhaar) is the solution to citizen empowerment. To its opponents, UID is a violation of not only citizen privacy but even citizen rights. In reality, like any programme or project, it can be anything we design it to be....
More »The downside of govt's social sector push -Nitin Sethi
-Business Standard While allocations to several social sector schemes have been increased, concerns about the direction of the funds being ploughed remain The health and education sectors have trudged along the last two years awaiting direction that would be set through new policies the National Democratic Alliance government promised. In the absence of these guiding documents, most observers have been left to read the intermittent policy decisions like tea-leaves to guess the...
More »Is transparency in lobbying the silver bullet for controlling corruption? -Roshan Kishore
-Livemint.com Regulation and disclosure of political funding and lobbying activities is no guarantee for lack of political corruption and vested interests influencing policies New Delhi: The recent sting by news portal Naradanews showing Trinamool Congress legislators accepting cash to lobby for a private company has once again exposed the dark underbelly of corruption in Indian politics. But this is not the first time. In 2005, 11 MPs were expelled from Parliament after a...
More »Strong management at the local dairy level will prevent contamination -Khushboo Gupta
-Hindustan Times It is good to see Harsh Vardhan, Union minister for science and technology, apprising members of the Lok Sabha on adulterated milk, which has become a part of our diet. However, like many previous mentions of the issue, this one also missed the point: Contamination due to management practices. While efforts are put into testing milk available in the market, we often forget the cows and buffaloes, which are the...
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