-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
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Aadhaar, fingerprint scan enough to open bank account-Mayur Shetty
-The Times of India MUMBAI: A few weeks after RBI governor Raghuram Rajan stressed on building credit histories of individuals based on the Aadhaar number, one bank has introduced unique identity-based eKYC for opening loan and savings accounts. Axis Bank, which is using payment company Visa's network to access Aadhaar database , will introduce the eKYC facility in around 25 branches next week. The branches will open loan and deposit accounts based...
More »Pay panel a vote magnet? Congress trying to woo Middle Class
-The Times of India NEW DELHI: The Congress trumpeted the constitution of seventh pay commission as another of its welfare measures in line with land and food bills, in what appeared a thinly-veiled attempt to milk the olive branch to government employees at the upcoming state and Lok Sabha polls. The surprise decision on the pay commission targetting middle-classes comes on the back of legislations to win over the poor and the...
More »Drug in meal leaves 115 ill-Shilpi Sampad
-The Telegraph Bhubaneswar: About 115 students of a government school in Puri district were hospitalised today allegedly after consuming iron tablets that were administered as part of their midday meals. The supplementary tablets are given once every week as part of a government scheme to cure anaemia among the children. The state government has ordered a probe into the incident that took place at Gopinathpur Upper Grade Middle English School in Brahmagiri's Jadupur...
More »NAC to examine effect of developmental interventions and constitutional safeguards on tribal people-Smita Gupta
-The Hindu The Sonia Gandhi-led National Advisory Council (NAC) will examine whether developmental interventions and constitutional safeguards - including Fifth Schedule provisions - have come to the aid of tribal people in Left Wing Extremism (LWE)-affected districts in central India. An NAC Working Group (WG) headed by tribal expert Professor Virginius Xaxa - who also heads the Prime Minister's high level committee that is to produce a report on the...
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