-The Indian Express The government is aiming to lend Rs 165,000 crore to the poor and unbanked population through the overdraft facility at an interest rate of 11 per cent under its ongoing Jan Dhan financial inclusion programme. "It is estimated that there are 18.2 crore basic banking accounts and. by the end of the campaign another 15 crore accounts would get added. An overdraft of Rs 5,000 in each of these...

-The Hindu Business Line   Opening bank accounts in rural areas is all very well, but biometric frauds are a serious possibility The ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY) aims at bringing millions of rural Indians within the financial mainstream by opening bank accounts. In 2006, the Reserve of India, recognising that a majority of rural Indians had little or no access to banking services, allowed banks to use third-party, non-bank agents...

-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...

-PTI Srinagar: When the floods wreaked havoc in Kashmir and plunged most parts of the Valley into darkness, few doctors at a lone maternity care hospital in Srinagar, lent a ray of light to people's lives by performing birth surgeries under candlelight. Doctors at the Lal Ded Hospital, whose ground floor was submerged by flood waters from Jhelum, performed six deliveries under the candlelight as the electricity supply to the hospital was...

-CNN-IBN New Delhi: The Supreme Court on Monday issued notice to the central government on a petition seeking direction to take steps to prevent the increasing number of suicides by the farmer in different parts of the country on account of their difficult financial conditions. There is a suicide by a farmer in distress every 32 minute, the plea said. Seeking the government's response over growing incidence of suicides by farmers, the bench...