-The Telegraph Ranchi (Jharkhand): Five political parties and a dozen other organisations will march to the chief minister's residence here on Monday to protest against direct transfer benefit (DBT) for food subsides, which was launched in Nagri block of Ranchi district as a pilot project in October last year, citing glitches in the subsidy-transferring mechanism. In two consecutive news meets held at XISS-Ranchi on Saturday, the findings of a sample study conducted...

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

&NBSp; Direct Benefit Transfer (DBT) or cash transfer might appear attractive on papers, but in reality it is opposed by its beneficiaries when implemented. Something similar to this has happened in the Nagri block of Ranchi district, where cash is being transferred to the aadhaar seeded bank accounts of beneficiaries in lieu of providing subsidized foodgrains. Cash transfers in the public distribution system (PDS) have been in operation in the Nagri block...

-Press Release from Right to Food Campaign (dated 24 February, 2018) Glitches in the system have deprived people of nearly half of their food rations in the last four months. When they do get their rations, people spend 12 hours collecting them, on average. Most people are opposed to the new system. In early October 2017, the Government of Jharkhand began an experiment with “direct benefit transfer” (DBT) under the public distribution...

-The Hindu UDAY scheme: Tamil Nadu ranked lowest on performance power distribution companies Chennai:&NBSp; UDAY review finds little progress made in smart metering. Tamil Nadu has been ranked lowest in terms of State distribution companies’ quarterly performance as of December 2017, post joining the Centre’s Ujwal DISCOM Assurance Yojana (UDAY). The State had joined the scheme over a year ago. The scheme, covering 31 States and Union Territories, emphasises both financial turnaround and...