-Down to Earth The government is clueless about incentives it has promised under its Pradhan Mantri Jan Dhan Yojana to bring every family under the formal banking system ON AUGUST 15, when Prime Minister Narendra Modi announced extending the financial inclusion plan of the former UPA government and renamed it Pradhan Mantri Jan Dhan Yojana (PMJDY), he was well aware of its limitations. Though launched in 2010, the plan had miserably failed...
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Union Budget and the 'Digital Divide': Old Wine in New Bottle -Vipul Mudgal
-Economic and Political Weekly The emphasis on use of digital technologies to bridge the "rural-urban gap" in the union budget is limited to high talk and minimal allocations. The need for a more comprehensive and peoples' participation-oriented rural action plan should have been the focus while setting sectoral allocations, but that is not to be in this mid-year budget. Vipul Mudgal (vipulmudgal@gmail.com) heads the Inclusive Media for Change project at the Centre...
More »Govt defends fare hike, says rail subsidy burden was too heavy -Mahendra Kumar Singh
-The Times of India NEW DELHI: Amid protests over a sharp hike in fares and criticism of political parties, the government on Saturday strongly defended the increase in passenger fares, including for short-distance travel, arguing the revision was long overdue as the last hike took place around 11 years ago and a heavy subsidy burden was "unsustainable" in the wake of soaring costs. While passengers travelling by sub-urban and short-haul trains account...
More »The jobs debate-Pramit Bhattacharya
-Live Mint What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...
More »To plough a lonely furrow-Devinder Sharma
-DNA Elections 2014 are around the corner. And when elections draw nearer, the Government suddenly wakes up and thinks of its duties towards the people. This year is no exception. Whether it is the one-rank-one-pension for the retired defence personnel or the legal monthly entitlement of 5kg of wheat/rice/millet for poor households under the national Food Security Act or the announcement of a 7th Pay Commission along with a DA instalment...
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