-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...

-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...

-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...

-The Business Standard Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres. How new is that? Narendra Modi's biggest project so far is Pradhan Mantri Jan Dhan Yojana (PMJDY), an aggressively promoted idea to open bank accounts. The English media ran full-page ads and TV commercials to announce the scheme that is supposed to reach largely rural households. It...

KEY TRENDS  • The new Cohort-based Migration Metric (CMM) shows that inter-state labor mobility averaged 5-6.5 million people between 2001 and 2011, yielding an inter-state migrant population of about 60 million and an inter-district migration as high as 80 million @* • The first-ever estimates of internal work-related migration using railways data for the period 2011-2016 indicate an annual average flow of close to 9 million migrant people between the states. Both these estimates are significantly greater than the...