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Next phase of Jan-Dhan to offer a range of insurance, pension services

-The Times of India NEW DELHI: Prime Minister Narendra Modi on Saturday outlined the next phase of the Jan-Dhan Yojana to include credit, insurance and pension as he complimented bankers for near 100% coverage of households under the massive financial inclusion drive. The Pradhan Mantri Jan-Dhan Yojana is a key policy plank of the Modi administration's vow to eradicate what it calls "financial untouchability". Each bank account comes with an accident insurance...

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RS chaos may stymie joint session on ordinances -Krishnadas Rajagopal

-The Hindu The government's refrain that it would resort to all procedures, including a joint sitting of Parliament, to legislate a spate of ordinances into Acts of legislature, may come to nothing if the Rajya Sabha is stalled in the next session. For one, a pre-condition for a joint sitting is that a Bill, along with a statement of reasons for promulgating the ordinance, should have been first defeated in one...

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Universal healthcare: the affordable dream -Amartya Sen

-The Guardian Universal healthcare is often presented as an idealistic goal that remains out of reach for all but the richest nations. That's not the case, writes Amartya Sen. Look at what has been achieved in Rwanda, Thailand and Bangladesh Twenty-five hundred years ago, the young Gautama Buddha left his princely home, in the foothills of the Himalayas, in a state of agitation and agony. What was he so distressed about?...

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Arvind Panagariya at Niti Aayog reveals Modi govt's disdain for public sector -G Pramod Kumar

-FirstPost.com   Arvind Panagariya. The man is the message. When the 65 year old planning commission makes way for a putatively leaner NITI Aayog, the expectation is that it will change the era of centralised and top-down planning to a decentralised and participatory process. As expected, apart from the Congress ruled states, the move didn't face any noteworthy resistance. The Tamil Nadu government appeared to even rejoice its demise. However, what even the critics...

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Jan Dhan: Inclusion scheme excludes most -Vrishti Beniwal

-Business Standard Restricts scope of Life Insurance cover to bring down burden on the exchequer The government has started applying exclusion principles to its inclusion scheme, the Pradhan Mantri Jan Dhan Yojana (PMJDY). The life cover of Rs 30,000 announced by Prime Minister Narendra Modi for all those opening a bank account under the scheme will now exclude many. The finance ministry has put several riders for defining one's eligibility for a life...

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