-The Times of India NEW DELHI: As part of its ambitious 'Namami Gange' programme, the government plans to free all villages along the banks of the river from open defecation by 2022 and extend incentives to states to expand sewerage infrastructure in all 118 urban habitations along the river. Both the schemes will cost the government around Rs 52,700 crore. While Rs 51,000 crore has been earmarked for expanding the sewerage infrastructure,...
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Jan Dhan Yojana: Initially, overdraft amount might be small -Nupur Anand
-The Business Standard Based on the credit history banks may later decide to extend the amount Under the Pradhan Mantri Jan Dhan Yojana, the overdraft facility initially offered by banks will be less than Rs 5,000, the highest under the scheme. Based on credit history, lenders might extend the amount at a later stage. Earlier, the finance ministry had clarified a lower amount might be extended under the overdraft scheme. Under this, on...
More »Don’t bank on it, yet -Paranjoy Guha Thakurta
-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a Bank Account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
More »Misplaced priorities -Tulsi Jayakumar
-The Business Standard The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...
More »Waiting for a job, differently-abled athlete thinks ‘suicide is a way out’ -Shoumojit Banerjee
-The Hindu Pune: An impotent anxiety grips Indira Gaikwad as she hobbles on her crutches in her matchbox house in the mean tenements in the city's Rasta Peth area. A former State-level disabled sports champion, Indira, at 43, is fast approaching the deadline (of 45 years) for differently abled sportspersons aspiring to a government job. Crushed by the financial burdens of looking after her 75-year-old ailing mother, the post-dated promises of goodwill...
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