-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...
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Delayed seeds of reform -Ashok Gulati
-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...
More »Swachch Bharat Mission: It's not just about building toilets -Sangita Vyas
-The Business Standard Ending open defecation by 2019 will require changing minds, not just allocating money to build latrines for people that will either go unused or not be built at all During Prime Minister Narendra Modi's Independence Day speech, we learned that his Swachch Bharat Mission to eliminate open defecation in India by Mahatma Gandhi's 150th birth anniversary, would begin in less than two months on October 2. What was...
More »Cashing in on UPA schemes, NDA takes them a step further -Ruhi Tewari
-The Indian Express At a high-level meeting in July itself, Modi set a target of one billion aadhaar enrolments "at the earliest". Putting to rest speculation about the fate of the previous UPA government's most ambitious scheme - issuing aadhaar cards and linking all benefits to this unique identity - the NDA government has given it a decisive push with Prime Minister Narendra Modi himself taking a keen interest in its rollout. At...
More »Narendra Modi's Jan Dhan - what's new? -Debashis Basu
-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...
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