-The Telegraph Shillong: The Union cabinet today approved the implementation of a "comprehensive telecom development plan" for the Northeast where thousands of uncovered villages would be connected. The proposal entails an estimated expenditure of Rs 5,336.18 crore and the plan will be funded through the Universal Service Obligation Fund (USOF). "The USOF would fund capital expenditure (Capex) and operational expenditure (Opex) net of revenue for a period of five years," an official communiqué...
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Irani wants courses started on rural development
-PTI HRD minister Smriti Irani on Sunday favoured strong linkages between institutes of higher learning and rural India for the development of villages and suggested that they should start courses on rural development. She said her ministry would also set up "cell" to see that educational institutions were engaged in programmes aimed at development of rural India. "Our aim in the coming five years is that all technical institutions are connected to the...
More »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...
More »For a new paradigm of social justice -D Shyam Babu and Chandra Bhan Prasad
-The Hindu The central policy challenge for the new government is how to sustain social gains while ensuring that Dalits can participate more meaningfully in the economy, by sharing in the fruits of economic growth while contributing as well In his address to the nation on Independence Day, Prime Minister Narendra Modi expressed his intention to "take a solemn pledge of working for... the welfare of the poor, oppressed, Dalits, the exploited...
More »PM Narendra Modi launches Jan Dhan Yojana; to focus on combating financial untouchability
-The Indian Express In his speech, PM Modi said that opening bank accounts is a step towards joining economic mainstream. Launching his government's first big ticket social welfare programme, the Pradhan Mantri Jan Dhan Yojana, Prime Minister Narendra Modi on Thursday gave a call for eradicating what he termed as "financial untouchability" of the poor by opening at least one bank account for every family in the country in less than...
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