-The Hindu Providing access to credit likely to be a hard step For Prime Minister Narendra Modi's newly launched Jan Dhan Yojana to be successful, India needs to provide over 100 million households access to banks, data show. An even harder step, however, is likely to be access to credit. As of March 2012, the most recent year for which relevant Reserve Bank of India (RBI) statistics are available, India had over 900...

-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...

-The Business Standard C Rangarajan, former head of the former Prime Minister's Economic Advisory Council, answers questions on the latest official poverty estimate by a committee he'd chaired. Edited excerpts of a talk with Indivjal Dhasmana: * Your panel has suggested these poverty lines be delinked from social welfare schemes. What would be the exercise's relevance? Is it of only academic interest? Poverty ratios have already been delinked from various social programmes. The...

-The Hindustan Times Nearly one in three Indians was poor in 2011-12, according to a new report that was commissioned following widespread criticism two years ago that the government grossly underestimated the number of poor in the country by choosing an unrealistic poverty line for such estimates. The panel, headed by former RBI governor C Rangarajan who also was the chairman of the prime minister's economic advisory council in the UPA government,...

-The Business Standard   Officials said some talk had already started on appointing only senior sectoral advisers instead of full-time members The Narendra Modi government is looking for an adviser in the Planning Commission, even as the deputy chairman is yet to be appointed, perhaps a sign of the current priorities. 'The Commission's role might be truncated to an advisory body alone. The Prime Minister's Economic Advisory Council (PMEAC) might also see its role...