`Financial Inclusion' as defined by the committee of financial inclusion is the process of ensuring access to financial services and timely and adequate credit, where needed by vulnerable groups, such as weaker sections and lower income groups at an affordable cost. Reserve Bank of India (RBI) has selected Baikunthpur village in Narayanpur block of Mirzapur district to provide banking services to the villagers under its financial inclusion programme. The programme...

The poor in India's cities are in many ways worse off than those in rural areas, says Housing and Urban poverty Alleviation Minister Kumari Selja, pointing out that the urban population is set to double in the next 25 years to over 600 million. 'About 300 million people live in towns and cities underserved by utilities, with inadequate housing and increasingly choking traffic. The condition of the urban poor is by...

All eight of the U.N.'s Millennium Development Goals (MDGs) are critical to development, but numbers four and five on child and maternal health are the real priority areas for this year. That was the main takeaway from a series of briefings with U.N., NGO and country officials in which IPS participated this week. When the MDGs were agreed in September 2000, they laid out a clear pathway to the often vague...

Inflation is in the news. Double-digit inflation persists, concentrated in prices of food and necessities. The retail prices of pulses are in the range of Rs 80-100 per kg. Seasonal vegetables retail at Rs 30-40 per kg. Yet, our pink newspapers believe there is little reason for concern. There is a boom in purchases of consumer durables. The middle class is prospering. The poor are better-off with the NREGA. And...

Once, during a tour of his constituency in Tamil Nadu, Member of Parliament and former Panchayati Raj minister Mani Shankar Aiyar came across an eight-year-old boy. A chance meeting that he says threw light on why India stagnates at the 134th position in the United Nations Human Development Index. The boy, Aiyar said during a brief pause in his United Nations Millennium lecture at the British Council on Sunday, had got...