-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...
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Smart City is looming scam: Ram Guha -Shivani Saxena
-The Times of India DEHRADUN: Historian Ramachandra Guha, the author of The Unquiet Woods, a chronicle of the Chipko movement and its continuing relevance, threw his weight behind protesters seeking that the state government desist from taking over tea gardens in Dehradun for the Smart City project. He tweeted: "A looming land scam in the name of a 'Smart City' in my home town, Dehradun". He told TOI that the proposal...
More »Raghuram Rajan: No one wants to go after rich and well-connected wrongdoer
-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
More »Man made starvation: UP’s failure to implement the National Food Security Act intensifies survival crisis in drought-affected areas -Jean Drèze
-The Times of India Recent reports from Bundelkhand, or rather from the side of Bundelkhand that lies in Uttar Pradesh, are most alarming. A rapid survey conducted by Swaraj Abhiyan, under the leadership of Yogendra Yadav, found evidence of famine-like conditions developing in the area. To illustrate, 38% of the sample villages reported at least one death due to starvation or malnutrition in the preceding eight months. Among poor families, barely half...
More »PMO sets ambitious paperless target -Vikas Dhoot
-The Hindu All govt departs and ministries have been asked to provide electronic options for all payments and receipts by March 31, 2016. The Prime Minister’s Office has set an ambitious target to shift at least 90% of all government transactions that involve payments or receipts from citizens and businesses to electronic or paperless mode by the end of 2016, replacing the use of cash, demand drafts, cheques and challans in government...
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