Rs 22,000 crore mobilised under PM Modi's Jan Dhan Yojana scheme
Government on 28th August Friday said Rs 22,000 crore have been deposited in over 17.5 crore bank accounts within a year of the launch of the Pradhan Mantri Jan Dhan Yojana, the largest financial inclusion scheme in the world.
"At present, more than 17.5 crore bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY). More than Rs 22,000 crore have been deposited by the people in their bank accounts opened under the PMJDY," the Finance Ministry said. LPG subsidy 'Give Back' scheme off to a good start
The Modi government's policy to save the subsidy on LPG , by transferring cash benefits directly to the accounts of consumers and urging affluent sections of society to give up subsidised cooking gas so that the poor can get it, has got off the ground.
Dumka in Jharkhand has become the first place where 5,000 households from the BPL category were handed over LPG connections by Prime Minister Narendra Modi on October 2.
This has come months after the prime minister requested people to give up their LPG subsidy , saying, "I urge government officers and professionals of the country to give up their LPG subscription. It will help many mothers and households of our country."
The prime minister had appealed to the better-off sections of society to voluntarily give up their LPG subsidies on the day of 'Urja Sangam' on March 27, 2015. He had promised that the subsidy savings would be utilised "to give back LPG connections to poor families." Soil Health Card scheme takes off gingerly
The Narendra Modi government is projecting its programme for issuance of Soil Health Cards (SHC) to farmers as a “flagship programme” but so far against a target of 84 lakh cards, only 34 lakh have been issued. Some of the States such as Arunachal Pradesh, Goa, Gujarat, Haryana, Kerala, Mizoram, Sikkim, Tamil Nadu, Uttarakhand and West Bengal have not issued a single card to farmers against the targets set for them for 2015-16.
This emerged during a presentation made by Integrated Nutrient Management officials before Union Agriculture Minister Radha Mohan Singh who launched the web portals for Soil Health Card, Participatory Guarantee System-India (Certifying Organic Products), and Fertilizer Quality Control System. Govt plans to launch skill development scheme for madrasa students
Minority Affairs Minister Najma Heptulla and Agriculture Minister Radha Mohan Singh will tomorrow in Patna jointly launch the first pilot project as part of a skill development programme for madrasa students. The project will be inaugurated on the same day in two madrasas in Motihari district as well via remote video link side by side with the main launch event in Patna, which will take place in Idara-e-Shar’iya at Sultanganj. Why the country is failing the manufacturing race still
The Make in India website when it was first launched defined it as “a major new national program designed to transform India into a global manufacturing hub.” (I can’t find this line on the website anymore).
The question to ask here is what went wrong during the intervening period between 1962 and 2014? Why are we still talking about aiming to build factories and a vibrant manufacturing sector more than half a century later?
TN Ninan has an answer in his excellent new book The Turn of the Tortoise—The Challenge and Promise of India’s Future. As he writes: “Size helps preserve India as a democracy—it is too big and too complex for any person to so dominate the whole land as to render the law and institutions ineffective, or at least to do so for any length of time.”
While size has helped Indian democracy it has also led to policy errors, which shouldn’t have been made. As Ninan points out: “Successful small countries find it easy, indeed necessary, to focus on export markets because their internal markets are too small to support scale production. But India is big enough to offer the potential of a large domestic market; inevitably, that became the focus of policy.” NITI Aayog panel moots private funding for R&D
A NITI Aayog panel on innovation has recommended that the private sector should help fund research and development, including in research labs at universities and startups.
In contrast, Google’s origins can be traced to research projects that were funded by the U.S. National Science Foundation and a large part of Apple’s success can be credited to the U.S. government’s small-business administration program that provides investment assistance to startups.
The Indian panel has also recommended improved tax benefits for investments equivalent to a percentage of corporate profits in research labs in universities and startups. Modi’s all-star Economy XI is finally ready for a long innings, on a tricky wicket
The latest additions came on Monday, with three key appointments to the NITI Aayog, the policy think-tank that’ll replace the 64-year-old Planning Commission.
Packed full with a handful of world-class economists, a clutch of experienced mandarins, a couple of politicians, a former missile scientist and only one woman, Modi’s Economy XI is certainly not lacking in intellectual firepower, economic talent or bureaucratic wisdom.
Nonetheless, it takes to the field for a long innings and on a tricky wicket, although collapsing oil prices and a ceaselessly upbeat stock market will certainly help. The opposition, no matter how fragmented, will be carefully tracking every move, ready to capitalize on any shortcomings. Beti Bachao Beti Padhao
The Union Ministry of Women and Child Developmenthas launched a new initiative to spread awareness about the Beti Bachao Beti Padhao (BBBP-Save the girl child, Educate the girl child) Scheme of the Ministry. The initiative has been launched in partnership with Celltick Mobile Media India Pvt. Ltd. to generate awareness about BBBP Scheme to an estimated 100 million mobile users in India.
On January 22, 2015, PM Narendra Modi in Panipat, Haryana, launched twin programmes of "Beti bachao, beti padhao" and "Sukanya Samriddhi account" in a bid to encourage birth and education of girls and tackle the abysmally low child sex ratio in the country.
The trend of decline in the Child Sex Ratio (CSR), defined as number of girls per 1000 of boys between 0-6 years of age, has been unabated since 1961. The decline from 945 in 1991 to 927 in 2001 and further to 918 in 2011 is alarming. Taking Pro-Poor Schemes to Grassroots Level
The government cares for the poor. At least, that’s what BJP has been trying to convey through its slew of initiatives within months of holding the reins of governance. A party that came to the helm of power on the pro-poor plank is leaving no stone unturned to stay true to its commitment. After its pro-farmer image took a beating during the Land Acquisition Bill controversy, it has come up with a new experiment. And this time, it is conducting a workshop.
Titled ‘Garib Kalyan Yojnaye’ (Poverty Alleviation Schemes), this pay-and-attend workshop on 19 April is organised in association with Rambhau Mhalgi Prabodhini, a think tank having links to RSS.