People with agricultural land that they do not wish to cultivate will soon have the option of depositing it in government land banks that will offer them consistent monetary returns. With an incentive system broadly on the lines of a bank account, the public land bank will offer payments based on the tenure and size of the holding with additional benefits if the land is leased out. "A lot of land is...
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Poverty data based on consumption expenditure gives skewed result-Rajesh Shukla
One would expect a debate such as the current one on poverty estimates to be conducted with a serious exploration of its various facets. However, instead of a comprehensive, fact-driven exploration, the debate has yielded aspersions on the intellectual honesty of academicians. Although given its electoral connotations, one does expect political biases to creep into the debate, the barrage of criticism hurled at the Planning Commission, over its affidavit in...
More »Financial Inclusion: The overzealous state is smothering the agenda-MS Sriram
It would be great if the enthusiasm on the financial inclusion agenda gets a pause from the frantic do-gooders . Too many people appear to be enthusiastic about serving the poor - and the kindness is killing. Back in 1956, we discovered that cooperatives were a great instrument to reach out to the poor. These were peoples' institutions, local and would be responsive to the problems of their members. A set of...
More »Akhilesh Yadav becomes first UP CM to declare assets
-The Economic Times In a first for the state, newly elected Uttar Pradesh chief minister Akhilesh Yadav has publicly declared his assets worth 4.83 crore, setting the tone for his cabinet colleagues to come out and declare their net worth. Agency reports said that in the 2009 Lok Sabha elections when Akhilesh Yadav filed his nomination papers for Kannauj parliamentary seat, he had declared movable and immovable assets of more than 5.52...
More »UP CM Akhilesh Yadav declares assets
-PTI Setting a precedent before his cabinet colleagues, Uttar Pradesh Chief Minister Akhilesh Yadav has officially declared his assets and liabilities worth over Rs 4.83 crore. Akhilesh, 38, who uploaded details of his assets and liabilities on the official website of the state government, is the first Uttar Pradesh Chief Minister to make a public declaration. In the 2009 Lok Sabha elections when Akhilesh filed his nomination papers for Kannauj parliamentary seat, he...
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