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The global laggard -Jayati Ghosh

-Frontline   The United Nation's MDG report 2014 shows that despite India's significant economic progress, around one-third of the world's extremely poor people reside in the country. IT is raining development goals. As the period for the Millennium Development Goals (MDGs) draws to a close next year, discussions around these goals and what should replace them have reached fever pitch, with national governments, international organisations and representatives of civil society participating in them. Of...

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India's starving tea-garden workers -Sanjay Pandey

-Al Jazeera More than 100 workers have died of starvation since West Bengal's tea estates have begun shutting down. Jalpaiguri/Alipurduar, India - The picturesque tea gardens carpeting West Bengal's Dooars region are gradually turning into graveyards, as dozens of workers have fallen victim to starvation in recent months. More than 100 tea-garden workers have died of starvation in the past year amid site closures, activists say - but rather than taking action, the...

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A big bang reform that may be spot on -TT Ram Mohan

-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...

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Census busts urban myth, finds Bharat has more ‘DINKs’ -Subodh Varma

-The Times of India NEW DELHI: With all the buzz around double-income power couples, it is easy to believe that more and more urban families have given up the sole breadwinner model of the past. But that would be a mistake, as just released Census 2011 data shows. An overwhelming 51 per cent of urban households live on the income of a single earner, while double-income families are a distant 26 per...

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Jan Dhan Yojana: Many questions remain -Ishan Bakshi, Nitin Sethi & Surabhi Agarwal

-The Business Standard Against NDA's 75 million target, UPA added 61 million in 2013-14 The government's financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana, is an empty shell at the moment. The government heralded its achievement of clocking 15 million new bank accounts under the scheme by Thursday and looked ahead to the target of achieving 75 million accounts by January 2015. In fact, given that the UPA government added an additional 60.9...

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