-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...
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Extending RTI Act to public sector banks involves systemic risk-MR Umarji
-The Economic Times The main objective of the Right to Information Act, 2005, is to provide access to information in order to promote transparency and accountability in the working of every public authority. The RTI Act defines 'public authority' as anybody or authority constituted by law made by competent legislature and includes anybody owned, controlled or substantially financed directly or indirectly by funds provided by the government. While deciding the status of any...
More »Forty years of SEWA-Premal Balan & Rutam Vora
-The Business Standard One of Sewa's triumphs is formation of the Mahila SEWA Sahakari Bank In April 10 this year, SEWA, the Self-Employed Women’s Association, which prefers to describe itself as a cooperative or trade union rather than a microfinance institution (MFI) (though it straddles both spheres), with a membership of 1.3 million women, completed 40 years of its existence. This gives us an ideal opportunity to review its historic contribution to...
More »Punjab budgets for farm suicides-Sukhdeep Kaur
Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab is 66 per cent, third highest in the country after Andhra Pradesh and Tamil Nadu. The Government of India’s debt...
More »'Reforms' for whom?-Ajit Balakrishnan
Two ways to advertise your modernity in India today: first is to carry an iPad, second is to declare that you are firmly on the side of 'reforms' There are two quick ways to advertise your modernity in India today. The first is to carry an iPad when you go for meetings, even if all you do with it is read email; and the second is to declare that you are...
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