-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...
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Narendra Modi's Jan Dhan - what's new? -Debashis Basu
-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...
More »Chhattisgarh lessons
-The Financial Express For all its targeting, fake ration cards abound. The GPS tracking of trucks carrying ration shop grain and the SMS alerts were supposed to be unique ways in which the Chhattisgarh government had resolved the issue of pilferage of ration shop foodgrains. Once people were informed that the rations had left the FCI godowns and when they reached their ration shops, there was less scope for pilferage. Hardly surprising...
More »Assocham suggests measures to boost agriculture growth
-PTI Says some of the immediate measures are implementing APMC Act in all states Stating agriculture has the potential to take India's growth to 8% and create millions of jobs in rural areas, Assocham has suggested a slew of measures to the Government in this regard. It has suggested the NDA government to adopt an enabling policy environment, modern technology and boost supply-chain efficiency to address food inflation, encourage investment-led growth and ensure...
More »NDA's national ID cards may kill UPA's Aadhaar -Bharti Jain
-The Times of India NEW DELHI: In a move to target government welfare schemes and subsidies on citizens of the country, the Union home ministry has asked the Registrar General of India (RGI) to identify the 'citizens' and 'non-citizens' while preparing the National Population Register (NPR). The NPR authorities will undertake a door-to-door verification exercise across the country in this regard. The citizens' register, to be called the National Register of Indian...
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