-The Hindustan Times The finance ministry will soon initiate a survey to assess the efficacy of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and analyse how many accounts have been opened. The report will be sent to Prime Minister Narendra Modi. About 40 million accounts have been opened under the scheme so far. "We would soon initiate a survey to understand how many unbanked households have been covered region-wise," a senior finance ministry...
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25% accounts opened under Jan Dhan Yojana are repeat accounts, admits bureaucrat -Jitendra
-Down to Earth Modi government plans to revive cash benefit transfer scheme of previous government Ever since Prime Minister Narendra Modi's ambitious financial inclusion programme-the Pradhan Mantri Jan Dhan Yojana (PMGDY)-was launched on August 28 this year there have been misgivings over the haste shown by the government to open banks accounts to cover all rural households. Now a statement of a senior government official in the finance ministry shows the pitfalls...
More »Cleanliness index soon to rank cities -Yuthika Bhargava and Anita Joshua
-The Hindu Expected to encourage best performers and inspire others Close on the heels of Prime Minister Narendra Modi announcing the ambitious ‘Clean India' mission, the Union Tourism Ministry on Friday said it was working on a "cleanliness index'' for cities in the country to encourage the best performers and, in turn, inspire others to spruce up. "We are preparing a cleanliness index. The methodology has been drafted and index calculated for six...
More »US nudge on WTO position continues -Jayanth Jacob
-The Hindustan Times Not budging from its position, the US remains at the forefront of nudging India to give up its stand on farm subsidies for food stockpiling in order to clinch a trade facilitation pact at the World Trade Organisation. According to sources, US will yet again take up the issue as part of a "larger plan" to get India to drop its position during Prime Minister Narendra Modi's visit to...
More »Direct benefit transfer plan set for expansion -Chetan Chauhan
-The Hindustan Times To check rising public expenditure, the government's two biggest money-spender schemes - subsidised ration for poor and job guarantee in rural areas - will soon be on the Aadhaar-enabled Direct Benefit Transfer (DBT) platform. The disbursal of subsidy for cooking gas cylinders will come back on the DBT platform after the previous UPA government decided to put it on the hold just before general elections. The UPA, which started transfer...
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