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Misplaced priorities -Tulsi Jayakumar

-The Business Standard   The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...

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A big bang reform that may be spot on -TT Ram Mohan

-The Hindu   The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...

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Putting the poor on the list -Charan Singh, Akshay Goenka and Ritesh Garg

-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...

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Time to focus on paid ecological services -Satvinder Kaur Mann

-The Tribune The community has to pay the cost of environmental degradation if sustainable agricultural practices are not followed. Food can also be produced by in-built provisions for ecological services. For this, sustainability issues have to be addressed with policy support. An ecosystem is a dynamic, complex, functional unit of diverse living organisms, physical environment and humans are its integral part. The wellbeing of mankind depends upon food, water, fibre, medicine, flood...

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CAG Indicts Chhattisgarh Over 'Diversion' of Foodgrains

-Outlook Raipur: The CAG has indicted the Chhattisgarh government for diverting around 10 lakh tonnes of foodgrains from the central scheme to the state's Mukhyamantri Khadyan Sahayata Yojna without permission and in violation of Centre's instructions. CAG report on the Public Sector Undertakings for the year ended March 2013, was tabled in the state assembly here today. "At the direction of the Government of Chhattisgarh, the State Civil Supplies Corporation Limited (company) diverted...

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