-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...
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Healthy and sustainable food systems key to fighting hunger, UN agency says
-The United Nations Healthy people need healthy and sustainable food systems, the United Nations said today said calling for agricultural research and development to become more focused on nutrition, as well as local biodiversity and diversified farming systems. "Our common approach to food production is simply not sustainable today, or in 2050, when we will have to provide food for a population of 9.6 billion people," said FAO Deputy Director-General Helena Semedo...
More »A new paradigm for inclusion
-The Hindu The report of an RBI-appointed committee on financial inclusion and financial deepening has stimulated a wide-ranging debate on these crucial areas. However, policy measures initiated by the government and the RBI while adding to the numbers of new bank branches, new accounts and so on did not really enhance the quality of such inclusive practices. In September last year, the RBI asked the committee chaired by Nachiket Mor...
More »Raise pension under EPS to Rs 3,000 a month: BJP
-The Times of India NEW DELHI: BJP on Wednesday made a strong pitch for increasing the minimum pension to beneficiaries under the employees pension scheme (EPS) to Rs 3,000 per month and link it to the price index, against Rs 1,000 proposed by the government. "The BJP demands that the minimum pension under EPS 95 (EPF Pension) should be declared at Rs 3,000 per month and not at Rs 1,000 as government...
More »Aadhaar is adequate to open a bank account: RBI
-The Hindu Mumbai: The Reserve Bank of India's committee on comprehensive financial services for small businesses and low-income households headed by Nachiket Mor on Friday said that the Aadhaar process was adequate to enable every Indian to get a bank account by January 1, 2016. "Target is dependent on our perception of what is happening to Aadhaar. The bank account target is really an electronic target, as we have articulated it....
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