-Economic and Political Weekly Despite many valid recommendations put forward by relevant committees as well as by independent researchers, the public distribution system continues to suffer from several inherent and systemic fl aws. Instead of addressing the problems encountered by the present system, policymakers are again attempting to resort to another version of targeted provisioning. By assessing important implications relating to various dimensions of the proposed National Food Security Bill 2011,...
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Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »Black money could account for 10% of GDP: Study -Pradeep Thakur
-The Times of India A study commissioned by the government last year on quantifying black money generated in the country has estimated that the illicit wealth is likely to exceed 10% of GDP or anywhere above Rs 10 lakh crore, given the size of the economy. The 1,000-page report was submitted to the finance ministry by the National Institute of Public Finance and Policy (NIPFP) in the last week of December. The...
More »Centre to Counter Naxals Through Development Efforts
-Outlook Notwithstanding repeated attacks by Maoists, the Centre has decided to counter ultras through its development efforts in Naxal-affected areas as it believes such efforts will weaken the Red base. "We are making a special effort to bring development in the Naxal-affected areas. We are hoping that it will pay dividend," Rural Development Minister Jairam Ramesh told PTI. Ramesh's contention comes just days after Naxalites planted a bomb inside the stomach of a...
More »Private leaning -TK Rajalakshmi
-Frontine The finalised chapter on health in the 12th Plan document envisages a large role for the private sector in health care. A chapter on health prepared for the draft 12th Five Year Plan Document in July received a lot of criticism for its limited understanding of universal health care and its diluted commitment to increase public expenditure on health. If the revised version is any indication, there has not been...
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