-Press Information Bureau/ Cabinet Committee on Economic Affairs (CCEA) The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today gave its approval for Phase-V of the Unique Identification (UID) scheme for undertaking enrolments in the four States of Uttar Pradesh, Bihar, Chhattisgarh and Uttarakhand. With this, the Unique Identification Authority of India (UIDAI) has been given the target of generation of 100 crore Aadhaars by 2015....
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Don’t bank on it, yet -Paranjoy Guha Thakurta
-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
More »Misplaced priorities -Tulsi Jayakumar
-The Business Standard The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...
More »India Looks Forward to Active Participation of FAO to Meet Challenges in Agriculture –Radha Mohan Singh
-Press Information Bureau/ Ministry of Agriculture Union Minister for Agriculture, Shri Radha Mohan Singh had a meeting with DG, FAO (Food and Agriculture Organisation) here today. Apprising FAO of the significant strides made by India in agriculture and allied sectors during last few years, he said that India has not only achieved self sufficiency in food but also did extremely well in horticulture, dairying, milk production, fisheries, post harvest management and...
More »A big bang reform that may be spot on -TT Ram Mohan
-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
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