-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...

-DNA The aim is to drive farmers out of agriculture and turn food production into industrial enterprise Some years ago, former President APJ Abdul Kalam was addressing students at an annual event organised by K Govindacharya's Bhartiya Swabhiman Andolan at Gulbarga in Karnataka. He exhorted students to work hard, educate themselves to become doctors, engineers, civil servants, scientists, economists and entrepreneurs. After he had ended his talk, a young student got...

-Outlook More government took Himachal near the top of development indices In the run-up to the Lok Sabha elections, the buzz around the so-called ‘Gujarat model' was such that without really knowing what it stood for, everyone wanted it. ‘Minimum Government, Maximum Governance' is as close as one could get in terms of concrete proposals. However, when one looks at the achievements of Gujarat, the buzz turns to a whimper (see...

-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...

-IPS News MALKANGIRI (Odisha)- Scattered across 31 remote hilltop villages on a mountain range that towers 1,500 to 4,000 feet above sea level, in the Malkangiri district of India's eastern Odisha state, the Upper Bonda people are considered one of this country's most ancient tribes, having barely altered their lifestyle in over a thousand years. Resistant to contact with the outside world and fiercely skeptical of modern development, this community of under...