-The Hindu We could hold people accountable to a reasonable standard of expectation and that's the first step, says economist Esther Duflo In 2003, French-American economist Esther Duflo co-founded the Abdul Latif Jameel Poverty Action Lab (JPAL) at the Massachusetts Institute of Technology (MIT) with Abhijit Banerjee and Sendhil Mullainathan. In just over ten years, JPAL has carried out 568 field experiments - or Randomised Control Trials (RCTs) - in 56 countries,...
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Will the ‘Jan’ get their ‘Dhan’? -Akansha Yadav & Sowmya Kidambi
-The Hindu Business Line Opening bank accounts in rural areas is all very well, but biometric frauds are a serious possibility The ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY) aims at bringing millions of rural Indians within the financial mainstream by opening bank accounts. In 2006, the Reserve of India, recognising that a majority of rural Indians had little or no access to banking services, allowed banks to use third-party, non-bank agents...
More »Made in India, by small enterprises -Charan Singh
-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...
More »Andhra Bank launches 'Kisaan Vaani'
-The Business Standard The facility provides latest technical information on agriculture and allied activities to farmers of Andhra and Telangana Andhra Bank on Monday launched ‘Andhra Bank Kisaan Vaani', a new facility which provides latest technical information on agriculture and allied activities to farmers of Andhra Pradesh and Telangana through ‘Green SIM'-based voice message, in association with Iffco Kisaan Sanchar Limited (IKSL). IKSL has developed a green SIM for transfer of voice messages...
More »Nod for project to computerise PDS -T Ramakrishnan
-The Hindu Chennai: After deliberations internally and with the Union government for months, the Tamil Nadu government has taken another step towards end-to-end computerisation of the public distribution system (PDS) by floating bids to select a system integrator. The firm chosen will have to implement a computerisation project. It has to design, commission and operate and maintain a solution, besides managing it for five years. The database for the system will be...
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