-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...

-Livemint.com World Bank study says giving cash is a more efficient way to ensure social security Last week the government’s chief economic advisor Arvind Subramanian described the direct benefit transfer scheme as a “game changer”. The Pahal scheme, under which cooking gas consumers receive subsidy in their bank accounts, is one of the ways the government is trying to improve the efficiency of its welfare programmes using the so-called the JAM...

-The Telegraph New Delhi: A new survey has shown that one in every two rural households is eligible for targeted government aid - a significant jump from two earlier estimates of those entitled to blanket benefits. The provisional socio-economic and caste census (SECC) data released by finance minister Arun Jaitley show that almost half the 17.91-crore households in rural India may be considered under various targeted Welfare schemes, depending on their specific...

-PTI New Delhi: Auditor CAG has pointed out discrepancies in the implementation of social Welfare schemes including mid-day meal (MDM) and pulled up the Delhi government for its failure to obtain fund utilisation certificates from various institutions.   The auditor also criticised the performance of the Delhi tourism and transport development corporation, saying that it has failed to formulate a perspective plan for tourism promotion in the city despite 39 years of its...

-PTI Chief Ministers’ sub-group of the NITI Aayog agrees to reduce number of centrally-sponsored schemes from 72 to 30. The number of centrally-sponsored schemes (CSS) is likely to be reduced to 30 from 72 with a Chief Ministers’ sub-group of the NITI Aayog reaching a broad consensus on the issue. The panel has also recommended increasing the share of flexi funds to 25 per cent from the current 10 per cent. “There is a...