-The Indian Express It is heartening that several ministries and companies have responded with alacrity to the prime minister's call for the construction of toilets. It is indicative not only of the PM's authority but also of the fact that the concern is widely shared. The ministry of rural development has proposed to increase the allocation for constructing individual, school, anganwadi and community toilets in rural areas. But it has proposed to...
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Don’t bank on it, yet -Paranjoy Guha Thakurta
-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
More »Taste for waste -Soma Basu
-Down to Earth Entrepreneurs now see business opportunity in waste paper. The raddiwala employed with start-ups can be summoned to home with the click of a mouse or a phone call AMRINDER SINGH, 57, is a government employee living in south Delhi's Lajpat Nagar. His neighbours say he has a big heart-he donates generously for religious functions and other community services in his locality. His domestic help, too, is all praise for...
More »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...
More »PM Narendra Modi launches Jan Dhan Yojana; to focus on combating financial untouchability
-The Indian Express In his speech, PM Modi said that opening bank accounts is a step towards joining economic mainstream. Launching his government's first big ticket social welfare programme, the Pradhan Mantri Jan Dhan Yojana, Prime Minister Narendra Modi on Thursday gave a call for eradicating what he termed as "financial untouchability" of the poor by opening at least one bank account for every family in the country in less than...
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