-PTI * The scheme was launched on 28 August, 2014, with an aim to provide universal access to banking facilities to people in the country * The total balance in over 36.06 crore PMJDY accounts was at Rs.1,00,495.94 crore as on 3 July New Delhi: Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs.1 lakh crore mark. As per the latest finance...
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India's missed growth opportunities -Nikita Kwatra
-Livemint.com * In her new book, Puja Mehra analyses the political and economic policies of a decade that have brought India’s growth rate to its current crisis * She uses her insights as a trained economist as well as journalist to explain the workings of the governments in power In the last couple of years, India has been on a shaky growth path, regularly being called “the world’s fastest-growing economy" and losing grip...
More »Make up for lost time -Puja Mehra
-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...
More »The government's anti-corruption scorecard -Anjali Bhardwaj and Amrita Johri
-The Hindu The last five years have seen consistent attacks on anti-corruption laws and institutions The popular sentiment that helped the BJP in the 2014 general election was resentment against corruption in public life. The party’s clarion call for a corruption-free India resonated with the electorate, who believed the BJP’s prime ministerial candidate when he pledged, “Na khaunga, na khane dunga (neither will I indulge in corruption, nor allow anyone else to...
More »Driving the poor man's ascension into a progressive state from a poverty-stricken one -Sandeep Vempati
-Financial Express If ever there was a beautiful word in Indian polity, it shall be none other than ‘poverty’. Existence of poverty, the necessary evil, ensured the Congress and various regional parties win elections after elections through rhetoric, albeit repeatedly but in different forms, and finding a page on their election manifestos. Did any of the ideologically opposite previous dispensations ever knocked the door of the poor man for eliminating the...
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