-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...
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No slowdown in bank lending to agriculture sector -Radhika Merwin
-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
More »Centre to overhaul green laws for 'ease of business' -Nitin Sethi
-Business Standard About 100 changes have already been effected through executive orders; new amendments involve structural and policy-level alterations The Centre is all set to overhaul environmental and forest regulations, policies, and laws once the two-day conference of state forest ministers and officials is over. The conference will start on Monday with Prime Minister Narendra Modi addressing it. After effecting some 100-odd changes to regulations through executive orders, the Union environment ministry has...
More »In true colours -Sudhir Kumar Panwar
-Frontline The BJP-led NDA government has, in the two Budgets it has presented so far, revealed itself to be very different from the pro-farmer image that its leading election campaigner and now Prime Minister, Narendra Modi, projected. THE Bharatiya Janata Party's manifesto for the 2014 Lok Sabha election states: "Agriculture is the engine of India's economic growth and the largest employer, and BJP commits highest priority to agriculture growth, increases in...
More »India’s unrealised maternity entitlement -Vanita Leah Falcao & Jasmeet Khanuja
-The Hindu The Indira Gandhi Matritva Sahyog Yojana was introduced to provide partial wage compensation during pregnancy, but various issues plague its implementation The latest official figures indicate that India is well short of meeting the Millennium Development Goals that pledged to reduce the country's maternal mortality ratio (MMR) by three quarters and the infant mortality rate (IMR) by two-thirds. The Sample Registration System (SRS), 2013, records MMR at 167 per 1,00,000...
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