-The Telegraph   RBI governor D. Subbarao has expressed concern over Bengal’s low credit-deposit ratio, which means that funds from the cash-starved state are actually meeting the borrowing needs elsewhere. The erstwhile Left government used to blame banks for the skewed ratio. But bankers have blamed it on the poor credit absorption capacity of rural Bengal because of fragmented land holdings — a fallout of the land reforms. After a meeting with chief minister...

-The Times of India   The Supreme Court on Friday ordered an investigation into whether the benefits of government's welfare programmes like NREGA were reaching the intended beneficiaries and to fix accountability for ensuring that they do, in what is going to be a gigantic exercise. A bench of Justices G S Singhvi and S J Mukhopadhaya appointed senior advocate Indu Malhotra as amicus curiae and asked her to study the details...

The government's decision to set aside a 20 per cent quota for SC/ST vendors in its purchases, if accepted by every sector on a wider scale, has the potential to makegrowth pro-poor and inclusive. The Central government has finally announced a policy reserving 20 per cent of its purchases for micro and small enterprises run by entrepreneurs belonging to the Scheduled Castes and the Scheduled Tribes. The new procurement policy will...

There is no typo in the title of this article, but the term “scorepati” is perhaps confusing. By way of explanation, let me introduce three acquaintances. Meena, age 50, lives in a two-room kaccha hut with her disabled husband Chhote Lal who studied up to Class 2. They own half an acre of unirrigated land and a goat. Meena is unable to take up any remunerated work as Chhote Lal needs...

-The Hindu   The Central Government is trying to put in place a system which will not only ensure minimum support price to tribal produce but also get maximum remunerative price. Informing this to media persons here on Sunday, Union Minister for Tribal Welfare and Panchayati Raj V. Kishore Chandra Deo said that he was working on a policy paper on minor forest produce in this regard. “All the states are stakeholders. We...