-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...

-Frontline The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance...

-Pratirodh.com The fanfare with which Prime Minister Manmohan Singh and Congress president Sonia Gandhi launched a service delivery scheme in Rajasthan based on the Aadhaar (foundation) unique identity (UID), and celebrated the issue of the first Aadhaar number topping the 200-million mark, should make the Indian National Congress a very worried party indeed—assuming it has a good survival instinct and basic grasp of practical politics.    To put it starkly, the Congress and...

-The Business Standard   One of Sewa's triumphs is formation of the Mahila SEWA Sahakari Bank In April 10 this year, SEWA, the Self-Employed Women’s Association, which prefers to describe itself as a cooperative or trade union rather than a microfinance institution (MFI) (though it straddles both spheres), with a membership of 1.3 million women, completed 40 years of its existence. This gives us an ideal opportunity to review its historic contribution to...

-The Business Standard The Ministry of Rural Development has rejected the demand of a parliamentary standing committee to include the works of artisans, weavers and leather workers in the list of permissible works under the Mahatma Gandhi National Rural Employment Guarantee Scheme. The Central Employment Guarantee Council, constituted under the legislation establishing the rural jobs scheme to oversee it, had earlier turned down this recommendation of the standing committee on urban and...