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Don’t bank on it, yet -Paranjoy Guha Thakurta

-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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Misplaced priorities -Tulsi Jayakumar

-The Business Standard   The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...

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Don’t leave out the small farmer -S Chandramohan

-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...

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Time to redefine job surety? -Vibha Sharma

-The Tribune The UPA's flagship programme MGNREGS changed the employment scene for the rural poor. While 100-day job guarantee was a novel step, loopholes and poor implementation rendered it a liability. The Modi govt hopes to gradually reinvent the scheme, if not entirely scrap it. Midway through the Congress-led UPA's second tenure - believed to be largely the courtesy of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) -...

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Why this apathy? -Devinder Sharma

-Deccan Herald It is difficult to understand why Indian farmers continue to be ignored. With a meager outlay every year, Indian farmers have been producing a bountiful harvest. If only agriculture was to be injected with the much need economic stimulus package, I am sure the Indian farmers can flood the country with food, fruits and vegetables. India can certainly emerge as one of the biggest exporters of agricultural commodities. In...

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