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Rural post offices may set up ATMs by Souvik Sanyal & Dheeraj Tiwari

The government may allow post offices to set up automated teller machines, or ATMs , at rural areas, in an attempt to further strengthen the role of India Post in financial inclusion. India Post, which is working on major improvements in the payment process for social sector schemes like NREGA, will set up ATM networks in selected areas to give people access to online banking services. "Central, state and local governments are...

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Jhum cultivation must stay with us!!! by ZK Pahrii Pou

These days, Jhum cultivation also known as ‘slash and burn method of cultivation’, ‘shifting cultivation’ etc has been under continuous scanner for its productivity and ecological viability. This form of cultivation is followed widely in almost all the North Eastern States including the hill areas of Manipur. There are those who consider jhum cultivation as unproductive and ecologically disastrous so that people (understood as tribal people of the hill areas)...

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Transfer ideas

Even as the National Rural Employment Guarantee Act enters its sixth year, Bihar Chief Minister Nitish Kumar said in Delhi on Thursday that cash transfers were the answer to the eternal questions about inefficiencies in Government Schemes. He had tried out direct cash transfers in his effort to give Bihar’s girls bicycles, he said, and discovered that the programme had a “92 per cent success rate”. No programme, he said,...

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It’s the fisc

While monetary policy is an important element of the artillery against inflation — and with the 25 basis point hike, the RBI did part of what it was expected to do to tighten policy — there is the fiscal task too. As Raghuram Rajan, adviser to Prime Minister Manmohan Singh, points out, the Centre must control expenditure, cut subsidies and not start new spending programmes. Fiscal deficits are large and rising...

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Sanjay Dixit, Central Employment Guarantee Council interviewed by Sreelatha Menon

Sanjay Dixit is a member of the Central Employment Guarantee Council, a statutory body set up under the National Rural Employment Guarantee Act (NREGA). He was initially chosen by Congress General Secretary Rahul Gandhi to head an NREGA cell in Uttar Pradesh where he has become an official whistleblower of sorts, unearthing several instances of fund diversion in many districts. He talks about the malaise in the five-year-old law that...

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