-The Telegraph Most poor families in Jharkhand may not have heard of the word “bank”. But they are banking on a better future for their daughters, thanks to the ubiquitous village post office, which they are now embracing to reap the benefits of a thoughtful government scheme. Over 2,000 saving accounts have been opened at different post offices across districts in just one month to tap the Mukhyamantri Ladli Laxmi Yojana that...
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The overgrown list by MR Madhavan
Parliament must use budget session to discuss key pending bills The budget session of Parliament begins today. The last few sessions have been characterised by disruptions and consequent loss of productive time. To see one indicator, the 15th Lok Sabha, half-way through its term, has lost 30 per cent of scheduled time — the worst ever. As a result, many important bills have been pending. It is to be seen whether...
More »Aadhaar brings pension home by Santosh K Kiro
For a change, Mangal Bedia did not board a crammed bus today and travel 15km to withdraw his old-age pension from a bank. The 70-year-old from Dohakatu village in Ramgarh district, along with 100-odd fellow elders, became the first citizens to access old-age pension by using their Aadhaar numbers with handheld ATMs on the doorstep. The banking service reached their village, thanks to the Unique Identification Authority of India (UIDAI). Until today,...
More »Delay in NREGA payment is a worry: PM
-The Hindustan Times Delay in payment of wages to workers is the biggest concern under the Mahatma Gandhi National Rural Employment Guarantee Act, Prime Minister Manmohan Singh said on the 6th anniversary of the right to work scheme on Thursday. “We achieved many a success but several challenges still remain. The biggest concern is ensuring timely payment to workers. Wage delays force the workers to take costly loans to meet their...
More »Rural retail sees fall in demand by Ajay Modi
Hariyali Kisaan Bazaar, India’s biggest rural retail chain by sales, which operates 230 stores across eight states and had seen good growth in the past two years, said it had seen a fall in rural demand in the past two to three months. A drop in prices of potatoes, onions and some other vegetables, leading to low realisation for farmers, and an increase in cost of fertiliser, are reasons for these...
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