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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...

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States say no to extra rice over lack of storage -Sandip Das

-The Indian Express The Modi government's efforts to fight inflation by releasing additional amounts of grain to states under the targeted public distribution system (TPDS) is threatening to unravel, as states are ill-equipped to handle extra allocations. While there are few takers among the states for the extra rice allocated under TPDS, the offloading of wheat stocks with the Food Corporation of India (FCI) to bulk buyers has taken off. Analysts say...

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Too many hungry stomachs -Jose Graziano da Silva

-The Hindu Business Line India's experience will help it lead the charge on hunger and food security worldwide Can India defeat hunger and malnutrition? It's a question that's been asked many times and at the United Nations Food and Agriculture Organization (FAO), we are confident that the answer is not only "yes it can", but that India, a founding member of FAO, can play a leading role in eradicating hunger worldwide. Following Independence...

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Health Service System in India: Is Insurance the Way Forward? -Chhavi Sodhi and Atif Rabbani

- Economic and Political Weekly Universalising health coverage is the current goal of the health service system in India. Tax-funded insurance for poor families is the method chosen for attaining this objective. The Rashtriya Swasthya Bima Yojana was rolled out in 2008 for households below the poverty line, enabling them to access health services in the public and private sectors. However, experience from different countries shows tax-funded insurance systems work well...

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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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