-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

-The Times of India KHARAGPUR: A patch of 14 acres in Kenthia village of Kharagpur-II block, which was written off by everyone, has suddenly turned lush green. Go closer and you will see paddy, soybean, groundnuts, sweet corn and sesame plants there. The Kenthia experiment started with three departments of IIT-Kharagpur - agriculture and food technology, biotechnology and industrial engineering - about six months ago. The challenge was to turn a barren patch...

-The Indian Express It is easy to see why the Unique Identity (UID) project, also known as Aadhaar, has caught the imagination of many administrators, economists and policymakers. Identity verification is a routine problem in India and Aadhaar sounds like a foolproof solution. The idea is really smart and the technology is cutting-edge. After the initial hurdle of universal enrolment, numerous applications are possible: monitoring the attendance of government employees, linking...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-The Hindu With India continuing to be plagued by malnutrition, it is foolhardy to use the changed food production situation in the domestic economy as a reason for dismantling the FCI Within months of assuming office, the BJP-led National Democratic Alliance government set up a High Level Committee (HLC) in August 2014 to restructure, reorient and reform the Food Corporation of India (FCI). The eight-member HLC was chaired by senior BJP leader,...