-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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Is Jan Dhan really a success? -Surabhi Agarwal
-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...
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...
More »AP Initiates Economic Empowerment of Women Through Sand Mining -Surya Desaraju
-Outlook AP Initiates Economic Empowerment of Women Through Sand Mining Hyderabad: The Andhra Pradesh government has launched an initiative of entrusting sand mining to women self-help groups, which is essentially expected to curb the thriving sand mafia. The move will ensure economic empowerment of women as part of the government's 'Pedarikam pai gelupu' (victory over poverty) drive and make sand available at a reasonable price to customers. The income generated from sand mining and...
More »Of Millstones, Milestones & Millionaires -P Sainath and Ananya Mukherjee
-GRIST Media If hard work and enterprise inevitably made you prosperous, every rural woman would be a millionaire. These women have borne the brunt of the radical, often brutal transformation of rural India these past two decades. Our writers examine the hardships they continue to face as well as their remarkable vision to solve some of the greatest problems of our times such as food security, environmental justice and developing a...
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