Economy

Financial inclusion in Hooghly

The Reserve Bank of India has directed all banks to maintain "no-frills accounts" - a bank account at zero balance - for 100% fi nancial inclusion so as to include all households under the ambit of the formal fi nancial sector. This study conducted in 2008 in Hooghly district of West Bengal reveals that the scheme has been largely unsuccessful in the fi nancial inclusion of excluded categories such as the scheduled castes, scheduled tribes, Other Backward Classes and those who are less educated.

Publication Date: 
25/05/2013
Chirodip Majumdar, Gautam Gupta
Economic and Political Weekly
48
21
55-60
Tags:
Services, Finance, India, Hoogly, West Bengal, Poverty, Tribals, Scheduled Castes
Environment

The class question in the growth and equity debate

A relationship of economic growth with income distribution and poverty reduction has been well researched. This article explores the role played by the balance of class power, the nature of the governance regime, and the policy framework to relook at this old debate and asks how the initial conditions and nature of growth affect wealth and distribution.

Publication Date: 
25/05/2013
V Upadhyay
Economic and Political Weekly
48
21
14-16
Tags:
Economy, Environment, Poverty, Unemployment, Developing Countries, Economic Development
Economy

Annual Plan for Madhya Pradesh finalised at Rs.35,500 crore

The Annual Plan for Madhya Pradesh for the current fiscal was finalised at Rs.35,500 crore at a meeting here on Wednesday between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Chie

Publication Date: 
23/05/2013
Hindu (New Delhi)
Tags:
Madhya Pradesh, Planning Commission, Development, Infrastructure Development, Energy, Biomass
Natural Disasters

Damage from extreme weather could cost as much as hundreds of million Ruffiya- NDMC

Estimates from National Disaster Management Centre, NDMC, put the damage from the extreme weather the country has been facing as much as MVR hundreds of millions.

Publication Date: 
18/05/2013
Miadhu (Maldives)
Tags:
Maldives, Natural Disasters, South Asia, Extreme Weather Events, Floods, Economy, Budget
Economy

Dharwad district tops State in utilising MGNREGS grants

The district tops Karnataka in utilisation of funds released by the Union government under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).

Publication Date: 
18/05/2013
Deccan Herald (Bangalore)
Tags:
Karnataka, Dharwad (D), National Rural Employment Guarantee Scheme (NREGS), Development, Awards
Economy

Developing countries to get bigger share of investments: World Bank

Says China and India will also turn into the world's two biggest investors by 2030

The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on Thursday.

Publication Date: 
17/05/2013
Business Standard (New Delhi)
Tags:
India, China, Global, World Bank, Population, Development, Developing Countries, Economy
Mining

Mining sector grappling with multiple challenges

The Supreme Court had banned mining in Karnataka in July 2011

The crisis seems to be far from over for the mining industry in Karnataka, Goa and Odisha, the three major iron ore producing states in the country. Though some relief came for the industry in Karnataka last year and again in April this year with the Supreme Court allowing partial resumption of mining operations, normalcy in the sector may not return anytime soon.

Publication Date: 
15/05/2013
Mansi Taneja
Business Standard (New Delhi)
Tags:
Karnataka, Goa, Orissa, Mining, Mineral-Based Indsutry, Tata Iron and Steel (TISCO), Supreme Court, Federation Of Indian Mineral Industries, Economy
People

Working women: Delhi has lowest % in top cities

New Delhi: Delhi has the lowest proportion of working women in any major Indian city, analysis of newly released Census data confirms.

Publication Date: 
13/05/2013
Rukmini Shrinivasan
Times Of India (New Delhi)
Tags:
Delhi, Women, Kolkata, Mumbai, National Sample Survey Organisation (NSSO), Agriculture, Coimbatore (T), Economy, People
Environment

MGNREGA has environmental benefits finds IISc study

The Mahatma Gandhi Rural Employment Guarantee Act has often been ridiculed as a scheme that has hardly any impact.

Publication Date: 
10/05/2013
Times Of India (New Delhi)
Tags:
National Rural Employment Guarantee Act (NREGA), Unemployment, Economy, Indian Institute Of Science (IISC), Comptroller and Auditor General of India (CAG), Ministry Of Rural Development, Andhra Pradesh, Karnataka, Madhya Pradesh, Rajasthan, Sikkim, Environment, Groundwater, Soil Erosion, Biomass, Water Harvesting, Water Resources, Droughts, Agriculture, Irrigation, Afforestation
Economy

Assam Annual Plan fixed at 12,500 crore

The Annual Plan for Assam for 2013-14 was on Tuesday finalised at Rs. 12,500 crore at a meeting here between Planning Commission Deputy Chairman Montek Singh Ahluwalia and State Chief Minister Tarun Gogoi.

Initiating the discussions, Mr. Ahluwalia lauded the State’s economic performance in the last four to five years with both expenditure realisation and growth showing positive trends and satisfactory progress in human development. Performance in the social sectors, including health and education, was also appreciable.

Publication Date: 
08/05/2013
Hindu (New Delhi)
Tags:
Assam, Planning Commission, Health, Education, Agriculture, Integrated Child Development Services (ICDS), Economy

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