Query on SC, ST status included; caste-based enumeration from June to September 2011 Census 2011, billed as the largest peacetime mobilisation in the world, will see the massive exercise of population enumeration across the country simultaneously, between February 9 and 28. Registrar-General and Census Commissioner C. Chandramouli said on Wednesday that the biggest-ever census attempted in the history of mankind to enumerate the country's 1.2-billion population would be conducted across 35...
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Microfinance: misunderstood, Malegamed by MS Sriram
A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...
More »Govt open to increase spending for social causes
The Centre is planning to increase the spending on social activities with a rise in government revenue, Finance Minister Pranab Mukherjee said here today. "With rise in government revenues we will increase it further," he said at the inauguration of a Union Bank branch in the Murshidabad district. The government is keeping aside a major portion of the budget for social activities and this share is going up from Rs 2.43 lakh...
More »Rural retail gets a ‘suppat’ surprise by Antara Bose
No celebrity visits or satellite banking system? Never mind, bring on ‘suppat’. Unlike Doba, three other villages of Lohardaga district may not have been lucky enough to get Reserve Bank of India’s smart card based satellite-banking system. But they have a ‘suppat’ surprise up their sleeves. ‘Suppat’ or ‘super’ in tribal dialect, is also the name of a rural chain of mom-and-pop stores initiated by a private party, Dynamic Tarang Pvt Ltd,...
More »Money for nothing. And misery for free by Rohini Mohan
IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...
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