-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...

-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,...

-Business Standard Government's Financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector Sometime in August, a rumour went around a small village near Alwar in Rajasthan and in some other parts of the country: "Sarkar jo kala dhan wapas layegi, woh Jan Dhan yojana ke khaato mein baanta jayega" (When the government brings back black money, it will be distributed among Jan Dhan...

In the midst of national debates over the need for labour laws reforms and the efficacy of MG-NREGA in checking distress migration, a new report brings spotlight on the miserable living and working conditions of unorganized migrant workers from Rajasthan. Titled Their Own Country: A Profile of Labor Migration from Rajasthan, the report prepared jointly by Aajeevika Bureau and UNESCO informs us that 70% of seasonal migrant workers from Rajasthan...

-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...