-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an Important thrust area and the Prime Minister is expected...
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Half-done reform
-The Business Standard Independent evaluation of government schemes is essential In the final year of its term, the previous government decided to effect a significant restructuring in one channel of transferring funds to states. Centrally sponsored schemes - 146 in number - were first consolidated into 83, both through mergers and termination. Then, it was decided that instead of the funds for these being allocated to the relevant ministry at the Centre,...
More »India stays firm on food subsidy, blocks WTO deal -Sidhartha
-The Times of India NEW DELHI: India's domestic compulsions and the danger of breaching the subsidy cap for wheat and rice forced the government to thwart attempts by other World Trade Organization members to push through a new set of customs rules without addressing its concerns. The subsidy data, due to be released by the government over the next few weeks, will reveal that the subsidy on rice was over 9% of...
More »How states fudge the data on declining farmer suicides -P Sainath
-Rediff.com 'Suicide rates among Indian farmers were a chilling 47 per cent higher than they were for the rest of the population in 2011. In some of the states worst hit by the agrarian crisis, they were well over 100 per cent higher. In Maharashtra, farmers were killing themselves at a rate that was 162 per cent higher than that for any other Indians excluding farmers. A farmer in this state...
More »Maharashtra crosses 60,000 farm suicides -P Sainath
-PSainath.org At least ten farmers have killed themselves every day, on average, for a straight ten years in the rich state of Maharashtra. Nation-wide the farm suicides total nears the 300,000-mark, as the data of the National Crime Records Bureau show. At least 3,146 farmers committed suicide in Maharashtra in 2013, the latest data of the National Crime Records Bureau (NCRB) show. That brings the total number of farmers taking their own...
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