-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...
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Only 48 per cent of Indian adults have access to bank accounts: Report
-PTI NEW DELHI: Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report. According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, Pakistan and Bangladesh. The survey compiled by the Financial Inclusion Insights programme, operated by global strategic research consultancy InterMedia and supported by the Bill & Melinda...
More »Jean Dreze, economist and activist, interviewed by Atmadip Ray
-The Economic Times For one who had worked so closely to frame the world's largest job guarantee programme, known as the Mahatma Gandhi National Rural Employment Guarantee Act, it's not easy to see it succumb to pressure. It's no wonder that economist-cum-activist Jean Dreze will raise his voice against this, along with eminent academics such as Pranab Bardhan and Maitreesh Ghatak. Dreze says corruption related to NREGA and leakages - its...
More »Modernising India: Modi govt makes digital dash, e-gaon every mile -Zia Haq
-The Hindustan Times The government is gearing up for its next big mission, a Rs. 113,000-crore plan that aims to usher in a digital revolution by moving everything online, from education to public services to bureaucracy. Aptly called ‘e-kranti', it comes under the Narendra Modi government's ‘Digital India' initiative and is quite simply the world's most ambitious broadband project - but one that will have to overcome countless hurdles, big and small....
More »Banking on a flimsy promise -Jitendra
-Down to Earth The government is clueless about incentives it has promised under its Pradhan Mantri Jan Dhan Yojana to bring every family under the formal banking system ON AUGUST 15, when Prime Minister Narendra Modi announced extending the financial inclusion plan of the former UPA government and renamed it Pradhan Mantri Jan Dhan Yojana (PMJDY), he was well aware of its limitations. Though launched in 2010, the plan had miserably failed...
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