-The Indian Express The government is aiming to lend Rs 165,000 crore to the poor and unbanked population through the overdraft facility at an interest rate of 11 per cent under its ongoing Jan Dhan financial inclusion programme. "It is estimated that there are 18.2 crore basic banking accounts and. by the end of the campaign another 15 crore accounts would get added. An overdraft of Rs 5,000 in each of these...

-The Business Standard PlanCom meets this month to hasten implementation; initial focus on target coverage might cover 300 districts After reposing faith in the Aadhaar project at its cabinet meeting last week, the Narendra Modi government wants Direct Benefits Transfer (DBT) to 80% of beneficiaries in five key schemes "as soon as possible". These include the cooking gas subsidy, where DBT was stalled under the previous government. The other schemes are on transfer...

-Down to Earth Working out the details and convergence with other programmes like rural job scheme will take time, say officials One of the ambitious schemes of new government of providing irrigation facility to all farms may not take off before financial year 2016-17. The programme, Pradhan Mantri Krishi Sinchayi Yojana (PMKSY), was announced in this year's budget and Rs 1,000 crore was allocated for it. This allocation may be further enhanced...

In the midst of irregular monsoons affecting agriculture, a new report shows stagnation in the state of irrigation infrastructure. The recent report entitled Infrastructure Statistics 2014 (Third Issue) by the Ministry of Statistics and Programme Implementation (MoSPI) has provided information that despite the rise in expenditure on irrigation infrastructure, there has been no substantial improvement in the gross irrigation potential utilized*. Athough expenditure on irrigation has increased from Rs. 36561.64 crores...

-The Indian Express The MGNREGS stands out as one of the Indian government's most ambitious social schemes, with far-reaching consequences throughout the economy. The only known recipe for poverty eradication is a combination of high growth and high development spending. Neither is sufficient. A recent study (Kapoor and Ahluwalia, 2012) has shown that post-liberalisation, one champion of poverty reduction in India is Andhra Pradesh. This reduction in poverty is widespread, as...