Technology is helping public sector banks find customers in rural India. This is part of the Centre’s efforts to include villages in the organized financial system; to ensure they are not cheated of their wages. Pilots show promise The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in...
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In Bihar, death for RTI activist who knew too much by Shoumojit Banerjee
When the government passed the Right to Information (RTI) Act in 2005, it should have added a statutory warning: exercising this right may be extremely injurious to health. Shashidhar Mishra of Begusarai, who was murdered by unknown assailants last Sunday, is the second RTI activist to be killed in a month for perhaps knowing too much. Attacks on RTI activists have emerged as a disturbing trend of late, especially in...
More »Inflated demands
As minister of statistics and programme implementation, Sriprakash Jaiswal should have the data to quantify how much money can buy. On Tuesday, making yet another pitch for increasing the annual local area fund for MPs, he said: “With prices soaring, Rs 5 crore — what we are seeking — would (be) equivalent to the Rs 2 crore given ten years ago.” His ire was directed at the Planning Commission for...
More »Gandhigiri: zero-rupee payments for zero corruption by Anupama Chandrasekaran
At the second-floor office of 5th Pillar, a three-year-old Chennai-based non-governmental organization (NGO), 40-year-old Vijay Anand vociferously evangelizes to a crowd of 25 people on a Saturday evening. He urges the group—a mix of students and working professionals who are there to learn about how to get information on public officials—to fight corruption and shame corrupt government workers by offering the zero- rupee note that contains the promise to neither...
More »New miracle economies: Bihar, poor states by SA Aiyar
India achieved record annual GDP growth, averaging 8.45%, in the five years, 2004-05 to 2008-09. But was this inclusive, and did it benefit the poor masses? We have no data on poverty beyond 2004-05. But the CSO has current data on the economic growth of the states. Historically, the chronically poor states were Orissa plus the BIMARU quartet (Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh), of which three have been sub-divided....
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