-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...
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Cashless Treatment for Road Accident Victims
-Press Information Bureau/ Ministry of Road Transport & Highways The Union Ministry of Road Transport & Highways has signed Memorandum of Understanding for two more pilot projects for Cashless Treatment Road Accident Victims - one on Vadodara-Mumbai stretch of NH-8 and the other on Ranchi-Rargaon-Mahulia (Jamshedpur) stretch of NH-33. These were signed in the presence of the Minister of Road Transport & Highways Shri Nitin Gadkari this morning. The projects envisage...
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...
More »How to make our roads safer -RK Shenoy
-The Hindu Business Line India's vehicles should incorporate safety features that are the norm elsewhere The tremendous increase in the number of vehicles on Indian roads has also led to an increase in road Accidents. India accounts for 10 per cent of the global road crash fatalities. Statistics shows that globally more than a million people die due to road Accidents every year; if we do not do anything about it by...
More »PM Narendra Modi launches Jan Dhan Yojana; to focus on combating financial untouchability
-The Indian Express In his speech, PM Modi said that opening bank accounts is a step towards joining economic mainstream. Launching his government's first big ticket social welfare programme, the Pradhan Mantri Jan Dhan Yojana, Prime Minister Narendra Modi on Thursday gave a call for eradicating what he termed as "financial untouchability" of the poor by opening at least one bank account for every family in the country in less than...
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