-The Business Standard A Nandan Nilekani-led task force on an Aadhaar-enabled unified payment infrastructure has recommended setting up a network of one million interoperable micro-ATMs across the country. The ATMs will be operated by business correspondents. The task force, headed by the Chairman of Unique Identification Authority of India, submitted its report to Finance Minister Pranab Mukherjee on Thursday. The panel has suggested that in order to set-up this network quickly, a last-mile transaction...
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Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar
The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...
More »Nutrition in a bag by Pamela Philipose
Rural women entrepreneurs in Rajasthan produce a nutritious food supplement as take home rations for pregnant mothers and underfed infants There is very little that distinguishes the hamlet of Madri from the innumerable others that dot southern Rajasthan. This is a region where the Aravallis make their presence felt in gnarled hillocks, where water is scarce and where the land yields its harvests grudgingly. People here, including toddlers, know well the edge...
More »Moral lesson for rural India
-The Telegraph Union rural development minister Jairam Ramesh today took strong exception to corruption in the Mahatma Gandhi National Rural Guarantee Act scheme and urged governments not to make the flagship programme a hotbed of corruption. “NREGA is not a scheme to buy Boleros and Pajeros, it is to develop roads,” said Ramesh at a Gramonnayan Sammelan organised by the panchayat and rural development department in Guwahati today. Though he did not specifically...
More »From food security to food justice by Ananya Mukherjee
If the malnourished in India formed a country, it would be the world's fifth largest — almost the size of Indonesia. According to Food and Agriculture Organisation (FAO), 237.7 million Indians are currently undernourished (up from 224.6 million in 2008). And it is far worse if we use the minimal calorie intake norms accepted officially in India. By those counts (2200 rural/2100 urban), the number of Indians who cannot afford...
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