-PTI After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments Mumbai: The government’s digital payments push, mainly online card payments through point-of-sale (PoS) machines, may leave already capital starved banks bleed by a whopping Rs3,800 crore annually, warns a report. After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage...
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Modi's Saubhagya scheme to provide 40 million electricity connections: Some hype, some confusion -Nitin Sethi
-Scroll.in A scheme to give India’s poor people free power connections has been in operation since 2005. But the capacity to provide 24x7 power is still a dream. On Monday, Prime Minister Narendra Modi launched the “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or the Saubhagya scheme to provide electricity connections to Indians who do not have them. “The government will connect each house, whether it is in village, a city or...
More »Forget fast growth, India is barely holding on. Just look at the data -Chaitanya Kalbag
-The Economic Times Those of us in our sixties, including our prime minister, will remember the goli soda. You used a little wooden gizmo to push in a marble stuck in the mouth of a bottle and guzzled the sweet, fizzy drink with the marble dancing around inside. Then you felt full and happy. But it was mostly gas. It’s feeling a lot like that these days, and PM Narendra Modi must...
More »MGNREGA, once world's largest source of rural livelihood, now a tale of decay and digital delay -Rashme Sehgal
-Firstpost.com Have women living in rural India benefitted from the Mahatma Gandhi National Rural Employment Scheme (MGNREGA)? MNREGA was introduced in 2006 and has emerged as the largest programme in the world for providing employment to the rural poor. While there is no doubt that MNREGA in a short span of ten years did help generate 20 billion person-days of employment benefitting 276 million workers from which more than half were women....
More »India prevented 1 mn child deaths since 2005: Lancet
-IANS The study, published in the journal Lancet, found a 3.3 per cent annual decline in mortality rates of neonates (infants less than one month old) and 5.4 per cent for those in the age-group from one month to 59 months. Toronto: India has averted nearly one million deaths of children under five years of age since 2005, owing to a significant decrease in deaths from preventable diseases such as pneumonia, diarrhoea,...
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