-The Indian Express Haryana panchayat poll outcome does not reflect the state’s social composition The panchayat elections in Haryana have yielded results drastically different from previous elections. This is because a large number of persons were barred from contesting these elections due to educational and other disqualifications introduced through amendments by the Haryana assembly in September last year. In the widely criticised Rajbala and others vs State of Haryana judgment, the Supreme...
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From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway
-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
More »‘Urban poor own nominal assets’ -Samarth Bansal
-The Hindu On an average, rural and urban households own assets worth Rs.10 lakh and Rs.23 lakh respectively. The average asset holding of the bottom 10 per cent of urban Indian households is around Rs. 291, new data from the National Sample Survey Office (NSSO) show. Most households reported owning some kind of physical or financial assets, the survey, conducted in 2012-13 and made public on Friday, shows. On an average, rural and...
More »Woman power rises in budget talks this year -Mahua Venkatesh
-Hindustan Times New Delhi: Out of 34 financial advisers representing different ministries and departments who held budget discussions, 50% were women, sources said. Seventeen women officials held discussions with finance secretary RP Watal along with other senior members in his team, according to sources. In 2012-13, there were just eight women financial advisers, and in 2014-15 there were 11. Financial advisers, who typically operate as chief finance officers of their ministries, are responsible for...
More »Modi govt's flagship Atal Pension Yojana meets 10 per cent of target -Kumar Vikram
-India Today Concerned over the poor response, the Finance Ministry has asked all state-run Banks to extend the date of government contribution till March 31, 2016. The Centre's flagship pension plan, launched with much fanfare last year, is struggling to stay afloat. It has been able to bring only about 10 per cent of the targeted two crore under its ambit. The Atal Pension Yojana (APY), aimed at ensuring pension for those...
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