-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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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...
More »Young and jobless in India -Charan Singh
-The Hindu India must devise a demographic policy to separately meet the requirements of the young, middle-aged and elderly The Census data released recently show that unemployment in the country, especially among the youth, is very high, averaging nearly 20 per cent for the age group of 15-24 years. In some States like Chhattisgarh, Madhya Pradesh, West Bengal, Rajasthan, Himachal Pradesh and Jammu and Kashmir, the unemployment rate is above 25 per...
More »An old programme, a new chapter -Saritha Rai
-The Indian Express Nilekani's efforts to convince the NDA of Aadhaar's benefits appear to have paid off. A half-hour meeting that Aadhaar architect Nandan Nilekani had with Prime Minister Narendra Modi earlier this month followed by a conferring couple of days later with Finance Minister Arun Jaitley has reportedly sorted the go-no go situation for the ambitious UIDAI project. The two meetings and a third that Modi held with his key...
More »On the mythology of social policy -Jean Drèze
-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
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