-The Hindu Business Line Opening bank accounts in rural areas is all very well, but biometric frauds are a serious possibility The ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY) aims at bringing millions of rural Indians within the financial mainstream by opening bank accounts. In 2006, the Reserve of India, recognising that a majority of rural Indians had little or no access to banking services, allowed banks to use third-party, non-bank agents...
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Connectivity plan for NE
-The Telegraph Shillong: The Union cabinet today approved the implementation of a "comprehensive telecom development plan" for the Northeast where thousands of uncovered villages would be connected. The proposal entails an estimated expenditure of Rs 5,336.18 crore and the plan will be funded through the Universal Service Obligation Fund (USOF). "The USOF would fund capital expenditure (Capex) and operational expenditure (Opex) net of revenue for a period of five years," an official communiqué...
More »Flood waters recede in J&K; over 50,000 rescued, many still feared trapped
-IANS SRINAGAR: More than 50,000 people have been rescued so far, but hundreds are still trapped here as the flood waters receded on Wednesday. Officials said 215 people have died in the Jammu & Kashmir floods. "Unless the flood waters recede completely, and we are able to reach all the submerged areas, we cannot be sure about the exact toll in these floods," a top state official said. Many are trapped in the...
More »National Health Assurance Mission likely to favour insurance model of healthcare -Jyotsna Singh
-Down to Earth Experience shows free medicines help more, say some experts Union Health Minister Harsh Vardhan announced on Wednesday that his government will launch the National Health Assurance Mission in the current fiscal year. The idea, the minister said, is to "assure" every Indian citizen with appropriate health care. Speaking at the 8th Health Insurance Summit, organised by the Confederation of Indian Industry (CII), he said everyone should have access to...
More »Jan Dhan Yojana: Many questions remain -Ishan Bakshi, Nitin Sethi & Surabhi Agarwal
-The Business Standard Against NDA's 75 million target, UPA added 61 million in 2013-14 The government's financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana, is an empty shell at the moment. The government heralded its achievement of clocking 15 million new bank accounts under the scheme by Thursday and looked ahead to the target of achieving 75 million accounts by January 2015. In fact, given that the UPA government added an additional 60.9...
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