-The Hindu A new study has estimated that 46.7 per cent or 25.9 million metric tonnes (MMTs) of the grains (rice and wheat), released through the PDS, did not reach the intended beneficiaries in 2011-12. In the study, based on the latest NSSO data, by Chair Professor for Agriculture at ICRIER and former Chairman, Commission for Agricultural Costs & Prices (CACP), Ashok Gulati and Shweta Saini, Chhattisgarh was the best performing...
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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...
More »Planning Commission replacement likely in December
-PTI Work has moved into top gear for finalising the name and structure for the new institution that will replace the 64-year old Planning Commission and the same may be unveiled this December. "The Prime Minister has convened a meeting of the Chief Ministers on December 7 to seek their view points on the structure of the institution which would ultimately replace the Planning Commission," an official source said. The Commission has...
More »BJP-ruled states slow in linking Jan Dhan with Aadhaar -Sandeep Singh
-The Indian Express New Delhi: Even as Prime Minister Narendra Modi has made the Pradhan Mantri Jan Dhan Yojana (PMJDY) a flagship programme of his government, BJP-ruled states seem to be lagging behind in linking these accounts with Aadhaar - the first step towards enabling direct benefit transfers. Among the large states which accounted for over 10 lakh Jan Dhan accounts as on November 12, Telangana and Andhra Pradesh top the list,...
More »New subsidy regime
-The Hindu Business Line The Centre has adopted a pragmatic approach to cooking gas subsidies The reintroduction of the direct benefits transfer scheme for the supply of cooking gas, after its withdrawal in March this year, is a welcome signal that subsidy targeting is back on the policy agenda. Unlike its UPA avatar, cash transfers will now be based on LPG consumers providing their bank account numbers, rather than Aadhaar numbers, to...
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