India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...
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Tribal vacuum in mainstream parties by Radhika Ramaseshan
The BJP has wrenched power in “yet another state”. The Congress is looking at long-term gains by refusing to back Shibu Soren. But the Jharkhand verdict has also opened the eyes of the two mainline parties to a disturbing realisation: their failure to “nurture” tribal leaders. “Both of us stand exposed as out-and-out upper caste parties who have failed to create, and worse, nurture tribal leadership. The mandate’s message is the...
More »Road to development
The demand for a separate state of Telangana has brought into focus the economic performance of small states. Data brought out by the Central Statistical Organisation do show that most of the reorganised states tend to grow faster post-reorganisation and smaller states such as Uttarakhand, Jharkhand and Chhattisgarh have grown faster after achieving state-hood than before, and at a rate higher than the average for the country. Moreover, we find...
More »Learning from successes and failures by Amartya Sen
A report card from Pratichi Trust on the primary schooling scene in West Bengal Pratichi Trust (India) was established a decade ago, along with Pratichi Trust (Bangladesh). The latter has been concentrating on the social progress of girls and young women: it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh. In India, the work has mainly focussed on advancing primary education and elementary health care,...
More »New stars in the East by Krishnan Srinivasan
Referring to China in 1947, Nehru declared, “A new star has risen in the eastern horizon,” and some years later predicted, “If you peer into the future, the obvious fourth country in the world is India.” One of the countries he had in mind has disappeared, and he did not imagine that the emergence of India and China on the global stage would lead to mutual friction. The Chinese are...
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