-The Indian Express In all, the 42 RRBs have sanctioned Stand Up India loans to 536 people — 97 under the SC head, 32 in the ST category and 407 general category women. Three RRBs have not sanctioned a single such loan to general category women. Every bank has been told that it will be your responsibility to ensure that wherever you have a branch, you have to give loans to two...
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Premium trains run empty -Vedika Chaubey
-The Hindu Flight tickets are often cheaper than train fares on these services thanks to the flexi fare system Railway Minister Piyush Goyal’s announcement last week that the public transporter was reviewing the scheme of flexi fares introduced in September last year reflects the paradox of a surge in railway revenue even as premium trains run with vacant seats. While Railway revenues have surged by Rs. 500 crore in the one year since the...
More »Modi's Saubhagya Yojana: Repackaging an Already-Repackaged Scheme -Ravi Nair
-TheWire.in In addition to “launching” a scheme that basically already existed, the prime minister’s claim that his government has a good record on rural electrification contradicts the data. Prime Minister Narendra Modi this week announced a reportedly brand new scheme to electrify all villages in India and to provide electricity to all by the end of 2018. The scheme was called the Pradhan Mantri Sahaj Bijli Har Ghar Yojana or ‘Saubhagya’ intiative....
More »Making the most of the new industrial policy -Janak Nabar
-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...
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...
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