Indian Banks Do The Long March

India may lag China which is now claiming almost total banking services coverage of all 1 million villages in the country. But banking has now reached over 74,000 villages in India with a population of over 2,000. This takes the total number of banking outlets to 147,354, while the number of no-frills accounts has gone … Continued

Madhya Pradesh: How Agriculture Can Be A Growth Spoiler

The role of agriculture in India’s economic growth is amply discussed and well documented. While breaking down growth state-wise – not an exercise many embark on – it becomes clear how important this facet is, particularly when there are high expectations of strong national GDP growth.   IndiaSpend’s Dhritiman Gupta looks at Madhya Pradesh (population: … Continued

Bihar Plan for 2012-2013 Finalised at Rs 28,000 crore

The State Government was complemented for achievements in Education and health sectors. It was pointed that literacy level of the state has improved to 63.82% in 2011 from 47.53% a decade ago, but is still lower than the 74.04% literacy rate achieved at all India level….Read More

Nagaland Plan for 2012-2013 Finalised

The Annual Plan for the year 2012-13 for Nagaland was finalized during a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Nagaland, Shri. Neiphiu Rio. The plan size has been agreed at Rs.2300 crore….Read More 

Thrust to e-Governance at Gram Panchayats

The Government had taken a decision to set up a National Optical Fibre Network (NOFN) to provide broadband connectivity to 2,50,000 Gram Panchayats. The total investment on this is about Rs. 20,000 crores…..Read More

Tracking The Benefits Trail: Textiles

IndiaSpend in an earlier report documented the overall federal subsidy pile covering primarily food, fuel and fertiliser subsidies. Now, Sourjya Bhowmick embarks on a department by department tour to list the many ‘benefits’ that mark the Budget documents every year. The first stop is the Ministry of Textiles.   The Textile Ministry comprises of divisions … Continued

The Bihar Growth Story & What’s Missing

Bihar has been reporting astounding economic growth numbers, 13.1% at last count. More pertinently, there is a palpable sense of change and optimism about the future. But where has this growth come from? Does Bihar really beat the other big states now? More importantly, what has economic growth delivered for Bihar?   To try and … Continued

Free Medicine for All from October, Centre to Bear 75% of Cost

Currently, the public sector caters to 22% of the country’s healthcare needs. According to Health Ministry, this is estimated to rise to 52% by 2017 once medicines are provided for free from 1.6 lakh sub-centres, 23,000 primary health centres, 5,000 community health centres and 640 district hospitals…..Read More