18th July 2019
Financial literacy is suffering today from the dogma that it is to be imparted only not-for-profit interest or by media. The reality is that the money is being wasted on English business TV channels preaching to the already financially literate. Advertising is disguised as financial literacy right under the regulatory nose. Let us not forget, the BC model became successful only after my recommendation to allow corporate BCs was accepted.
18th July 2019
Unlike hunger, need for financial literacy is not self-evident. If it was, there would have been no need for it to start with. Financial literacy requires mobilisation, counselling, classroom training with the relevant content and pedagogy. There seems to be an impression that all this can be achieved in batches of 80 being mobilised by one extension worker for Rs. 4,500 or Rs. 56.25 per head for four hours of classroom training. What was the cost of opening a bank account or issuing an Aadhaar compared to this? The thought itself under-resources the programme for failure.
The Indian economy is in a bad shape. GDP growth has decelerated for five quarters in a row. The growth slumped to 5 per cent in the first quarter of the current fiscal. Economists and analysts are struggling with fiscal math as a means for revival of growth. In fact, in the past few months the government has announced a series of measures to revive the economy.
Ayushman Bharat or Pradhan Mantri Jan Arogya Yojana (PMJAY) completed one year on 23 September 2019. A game-changer initiative with technology at the core has led to medical services accessible to poor of India at the same time augmenting healthcare facilities and capacities and giving rise to an ecosystem around emerging business opportunities particularly in the HealthTech sector. A first of its kind national scheme, which is end-to-end technology enabled has brought all stakeholders onto a single platform. How the learning can be replicated in other government schemes? What makes the scheme to deliver? What are the ensuing business opportunities being created? And so on... writes Gyanendra Keshari
Modi government's flagship healthcare programme Ayushman Bharat completes one year in September 2019. This is one of the world's largest publicly funded healthcare initiatives. Indu Bhushan, Chief Executive Officer, Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PMJAY), explains the achievements of the scheme in conversation with Sameer Kochhar, Chairman, SKOCH Group. Edited excerpts:
Assam has been very pro-active in implementation of the Ayushman Bharat scheme. The state had already been running a similar health assurance scheme named after the former prime minister Atal Bihari Vajpayee. TEAM INCLUSION analyses the progress made Ayushman Bharat as well as the Atal Amrit Abhiyan, both focused on providing health assurance to poor and deprived section of the society
Gujarat has emerged as the top performing state under Ayushman Bharat scheme. As per the National Health Authority, the state ranks first on all the key parameters, including the number of claims and amount of claims. It has left the bigger states far behind. A report by Team INCLUSION.
Uttar Pradesh holds the key to success for any pan-India scheme as one in every six Indians belongs to the state. Ayushman Bharat has given much needed attention to the healthcare services, which has been in the very bad shape due to neglect by successive governments. TEAM INCLUSION highlights the impact and challenges of Ayushman Bharat scheme in the state