-Business Standard Only 47 per cent of the people with PMJDY accounts have received their RuPay debit cards, while these have been issued to 85 per cent of the beneficiaries Last-mile connectivity pangs have hobbled the Pradhan Mantri Jan Dhan Yojna (PMJDY) in several ways, according to a study by MicroSave for the finance ministry. The scheme has helped improve financial inclusion. But insufficient income for banking correspondents (BCs) and a deficiency in...
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Open an app, store blood -KM Rakesh
-The Telegraph Bangalore: A mobile app that enables donors to save blood for future use by maintaining accounts was launched today by an ad agency that has joined hands with the Indian Red Cross Society's Karnataka branch. Possibly the world's first such project, an app called Blood Banking on iOS and Android platforms was launched with an eye on the younger generation that is more attuned to smart technologies for anything from...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »‘Just 18% of rural, 49% of city youths can use computers’ -Mahendra K Singh
-The Times of India NEW DELHI: The government aims to transform India into a digitally empowered society through its Digital India programme but it may have a task at hand with a recent survey showing that only 18 per cent of those in the age group of 14-29 years in villages and 49 per cent in cities were able to operate a computer in 2014. Indicating the Herculean task awaiting the government,...
More »Why India needs to show some spine -Leena Menghaney
-The Hindu In the area of intellectual property, public health and Access to medicines, the Narendra Modi government should consider its independence to be of the utmost importance. Strong government leadership as well as flexible intellectual property systems are needed in order to effectively combat drug-resistant tuberculosis (DR-TB) and HIV and also antimicrobial resistance and non-communicable diseases. This is true not only for India but also countries which rely on affordable generic...
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