Team Inclusion, 31 March 2015
"We should not make technology choices nor specify technology, rather specify services. It does not matter which technology powers up the services," said Ram Sewak Sharma, Secretary, Department of Electronics and Information Technology (DeitY). He said this while stressing that the ambitious Rs 113,000 crore Digital India plan will require a lot to be done and undone when it comes to making technology choices, its procurement and implementation across the government system. This emanates from an increasing realisation in the government that the time has come to focus on delivery of services and leave the choice of technology to the market forces. Full Article
An Ode to Ramachandra Guha - Celebrating acidity
Pomposity, self-righteousness and intellectual arrogance are hallmarks of quite a few from the privileged classes who have a Doon School and St Stephen's combination as their educational backgrounds, having been brought up in aBara Sahib environment, they consider themselves a superior caste to those who have toiled their way up, and horror of horrors are in a position to flaunt it.
Not all awards are laudatory, some are real
It's a matter of pride that India has fared once again in the prestigious list of Nobel Laureates. In an individual capacity Mother Teresa received the last one from India in 1979. The feat is repeated with Kailash Satyarthi, a child rights activist, emerging as a choice of Norwegian Nobel Committee.
Financial inclusion gets a boost with 'JAM Trinity'
The Prime Minister Jan Dhan Yojana has been a resounding success when it comes to providing bank accounts to the people who were out of the financial network. Within 100 days of launch of the scheme over 12.5 crore people have been provided a bank account. However, just opening an account does not solve the problem. In its first full budget, Narendra Modi government has decided to make Jan Dhan an integral part of the social security programmes by creating "JAM Trinity".
Atul K Thakur, 13 April 2015
India's Growth Resurgence: Sectoral Issues and Governance Risks, jointly authored by Yerram Raju, M Sitarama Murthy and Subbaiah Singala looks into detail on the frontal sectoral issues and governance risks, India is facing as a leading emerging economy.
Atul K Thakur, 07 April 2015
Most often, Mihir Sharma speaks his mind in his columns in Business Standard (earlier in Indian Express) - this is good trait actually of him being a journalist. In fact, his maiden book Restart: The Last Chance for Indian Economy is a good read in parts where he retains his natural expression. However, it also makes his work, more an extension of journalistic writings rather than wearing the actual seriousness, required to delve with the issues of economic policies and pure economics.
Team Inclusion, 27 March 2015
India is promising an ambitious third generation economic and governance reform. For all of us who want to see a richer, freer and more confident India, we can only hope that they succeed and not lose steam. The change of government in 2014 has brought about a new wave of optimism, rising from the belief that the moment for India to make better progress on the kind of reforms that the country needs - and deserves - has finally arrived.
Team Inclusion, 26 March 2015
Skoch Group has instituted Vijay Kelkar Award in honour of noted economist and Chairman of 13th Finance Commission Vijay L Kelkar. The first award was conferred on Shankar Acharya, eminent economist and the longest serving Chief Economic Adviser to the Government of India, for excellence in public finance.
Team Inclusion, 23 March 2015
The generational shift in India's economic reforms is taking place, with the NDA government working on the third generation of reforms, Minister of State for Finance Jayant Sinha said at the 39th Skoch Summit.Speaking at the concluding ceremony of the two-days conference organised by the Skoch Group that debated the theme 'From Dole to Development', Sinha said catalysing competitive federalism, global competitiveness, infrastructure development and innovation are the four important facets of the third generation reforms the government is intent on advancing.
Team Inclusion, 21 March 2015
India should aim at reducing the transaction costs in its Make in India programme because it would not make much sense to create cheaper goods because the labour costs are cheaper, suggested Anthony De Sa, Chief Secretary, government of Madhya Pradesh, while speaking the concluding day of the 39th Skoch Summit here on Saturday.
Team Inclusion, 21 March 2015
The government subsidies must be directed at providing "permanent solution" to the country's most pressing problem of poverty by creating productive assets, Union Minister of Minority Affairs Najma Heptulla said at the Skoch Summit here.
Team Inclusion, 21 March 2015
New Delhi, Mar 20: When it comes to women empowerment, giving proper training is the key problem area, said Maneka Sanjay Gandhi, Minister for Women and Child Development at the 39th Skoch Summit here on Friday.
Thirty-five year old Gomati from Mangatpur in Pilibhit has opened a bank account under Jan Dhan, but she is skeptical about its use. "There is no money in it. I am confused. What will I do with it?" she said tersely when asked about her bank account. Gomati is not alone. Hundreds of women spoke in unison at the five-day financial literacy programme conducted by Skoch Group at Pilibhit, a picturesque Himalayan plateau rich with flora and fauna, but one of the economically backward regions in Uttar Pradesh
While six months is too short a period to judge the performance of a new government, Narendra Modi has rolled up his sleeves for a slew of reforms-some have been announced and implemented, some are getting framed and some caught up in administrative, political and legislative tangles.
It's really a pity and a challenge to the system particularly those who are in power, that even after 67 years of Independence, we have a lot of people living below poverty line. We have issues like rural-urban divide and serious economic disparities. Then we hear of farmers' suicides and sometimes of hunger deaths here and there. And then we get criticisms about the system not being sensitive to the vulnerable sections.
Ensuring jobs for poor, especially women, is my top priority for Pilibhit as a Member of Parliament in the Lok Sabha from this constituency. Financial inclusion initiative under Pradhan Mantri Jan Dhan Yojana will prove to be very useful. But this is only one step.
To my mind, there cannot be any controversy or debate as to how to achieve inclusive growth. I think the experience of all developed and developing countries as well as India shows that in order to achieve inclusive growth we need to do five things.
In 1947, when we gained Independence, the biggest challenge in front of us was the security of the nation. It was a huge and a difficult task. And many believed that India would not be able to keep its political integrity intact.
In a bid to increase insurance density and coverage with special focus on the rural areas, the Ministry of Finance has embarked on a project of financial inclusion to provide banking and other financial services like life and non-life insurance to the rural population.