-The Hindu   The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...

-Outlook Education remains a preserve of the rich as India's states renege on the 25 per cent reservation the RTE Act promises to the poor It is a day of trepidation for Prakash. A short, gawky man in his early thirties, he is among the several anxious parents waiting at a Bangalore school for the draw of lots to commence, he perhaps more anxious than the others. The process begins finally,...

-Live Mint The world's largest social security net deserves better, especially given its potential to contribute to strengthening the foundations of an inclusive, green economy Nitin Gadkari is a man in a hurry to dismantle the edifice of rights-based legislation enacted by the United Progressive Alliance (UPA) government. He has already set in motion steps to emasculate the historic land acquisition law passed by Parliament enthusiastically in September 2013. He has set...

-The Asian Age In India and around the world, poverty is predominantly rural. Development agencies often note that 75 per cent of the world's extremely poor people - those who earn less than $1.25 a day - live in rural areas. New figures from the 2014 Multidimensional Poverty Index (MPI), which measures overlapping dimensions of deprivation, show that rural poverty rates are even higher in some regions. In South Asia, the...

-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...