-MoneyLife.in The latest RBI KYC guidelines for opening new bank accounts make it a lot easier for common man as only one document would suffice as proof of identity and proof of residence The Reserve Bank of India (RBI) has come with modifications in KYC (Know Your Customer) guidelines. These modifications have been introduced as per the circular date 10 December 2012 (RBI/2012-13/322 DBOD.AML.BC. No. 65/14.01.001/2012-13). It is important to note that...
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Tapping the rural news space-Sangeeta Barooah Pisharoty
-The Hindu Rural newspaper Gaon Connection, recently launched in Uttar Pradesh, seeks to project the hinterland as it really is For long the national media has been accused of shutting its door on rural news. And by now, the largely city-centric media has won the argument too that news about villages and small towns just do not bring them the advertisers. So we are in an age when the ‘business of media’...
More »Cash Transfer Debate: Experts speak
-Tehelka The cash transfer debate has turned political with BJP complaining to the Election Commission about the timing of the announcement. It claims the scheme was declared with Gujarat polls in mind. However the Congress-led Central government rubbished the allegation and said the announcement happened in March. Even the political slugfest continues, the debate among experts and activists hasn’t died down. Akshai Jain spoke to a few experts about the various...
More »Aadhaar can fix Kotkasim-like problems: Jairam -Rukmini Shrinivasan
-The Times of India Is Aadhaar the difference between what happened in Kotkasim and what could have been? That's the stand the government is taking, but the critics of the Unique Identification (UID) disagree. After TOI wrote on Sunday of how payment delays were threatening to undo a pilot programme in which cash is transferred to a person's account in place of the kerosene subsidy in Kotkasim, Rajasthan, rural development minister Jairam...
More »Cashing in on schemes for poor -Narendar Pani
-The Hindu Any political benefit the Congress hopes to reap in 2014 will come at the cost of reducing the effectiveness of social welfare schemes In getting its ministers to endorse the shift to cash transfers from the AICC office in New Delhi, the Congress has highlighted the political nature of the move. The party clearly expects cash transfers to play the same role for it in 2014 that the National Rural...
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