-The Business Standard   The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...

-The Business Standard States drag feet on even extended deadline for implementation; with Centre also worried on fiscal deficit, extension likely The National Food Security Act (NFSA) is still getting a lukewarm response from a majority of states. An extended deadline for implementing the law will expire in about a month and the Centre would have to give more time. Barring the nine states and two Union Territories (UTs) which introduced a food...

-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 Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...

-The Tribune The UPA's flagship programme MGNREGS changed the employment scene for the rural poor. While 100-day job guarantee was a novel step, loopholes and poor implementation rendered it a liability. The Modi govt hopes to gradually reinvent the scheme, if not entirely scrap it. Midway through the Congress-led UPA's second tenure - believed to be largely the courtesy of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) -...