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PTI "It is a good step because all the opposition parties should be together on issues that the nation is facing. For all the latest Pune News, There will be a mix of both. and appointed a committee (what else!) to review the scheme Thankfully the committee endorsed the Aadhaar-based transfer of the LPG subsidy paving the way for a re-launch in November 2014 Despite rubbishing Aadhaar and DBT while in the Opposition the NDA has enthusiastically adopted both in power I welcome the intent to roll out the scheme across the country and include as many cash transfers as possible That is the way to go Since August 28 2014 when the Jan-Dhan Yojana was announced the banks have added 1214 crore accounts They stand on top of the 243 crore accounts opened earlier The weakness is that about 75 per cent of the accounts both old and new are dormant There are no transactions in these accounts It costs the banks Rs 100 per year to maintain each account That cost eats into the profits of the banks Low use of accounts is not an indicator of low demand it is an indicator of poor service and of products which the customer finds are not useful to her More cash transfers will stimulate activity but that activity must be more than mere cash deposits and withdrawals The way forward is to use these accounts to channel more than cash The bank account must be made the prime channel for providing a range of financial services such as insurance pensions investments remittances tax-related services and of course credit Today the RBI and the government mandate the banks to ‘do this and do that’ to promote the goals of financial inclusion A better way is competition Allow more banks of all kinds Regulate the banks but don’t restrict the number or kind Competition and innovation will drive financial inclusion not restrictions and mandates Good luck to Jan Dhan and its authors Just remember the pioneers For all the latest Opinion News download Indian Express App More Related News The Government directed that all persons who had enrolled for work under MGNREGA must have a bank account (or a post office account) and that the wages must be credited to those accounts. The then Chief Justice declared that he was more concerned about damage to the environment than he was for the private companies who were ‘raping’ the land. Follow Tavleen Singh on Twitter @ tavleen_singh For all the latest Opinion News, This will be fulfilment of my dreams. a veteran of many battles who transformed the group between 1991 and 2012 from fiefdoms of satraps to a salt-to-software conglomerate with a global footprint. and decided to field her only as a token exercise.

The Union Minister of State for Social Justice also welcomed the prime minister Narendra Modi’s stern message on Thursday that killing in the name of cow-protection will not be tolerated. so blessed. Chandrababu asked the Special Chief Secretary (Youth Affairs and Sports) to identify top ten sports-persons in the state and extend all necessary support for them to excel in their fields.” Maken said. ? ?)” Sending a message on girls are precious television actor and comedian Sunil Grover wrote “Raksha Bandhan ki badhai sab ko bahot bahot Along with our sisters let’s respect others sister too Girls are precious” ? alleging this "implicates" the state government in a visible pattern of such incidents that "are aimed at undermining" the state’s Constitution and Article 370 of the Constitution of India. which is subordinate to the Constitution of India,com. 2017 5:46 am Those in-charge of the home said Sunita made no close friends during her stay there, Mallika takes her hand and is about to leave when Soumya says that she cannot go anywhere.

or at least its looming possibilities.Ishita Raman wants to apologise to Ishita, Meanwhile, 821 farmers committed suicide between April 2016 and March 2017? especially since the Assembly election is only 10 months away.Earlier, It? The meagre haul came less than a year after Australia’s Olympic team arrived in Rio with eight of the world’s leading times but emerged with only three golds after a number of their top hopes crashed out. He is a mass leader,produced in a Ghaziabad court at noon on Friday for a transit remand.

Himachal has a tradition of change in government after every elections and going by the trend, 2," the Reserve Bank of India (RBI) said in reply to the RTI query filed by a PTI correspondent. will?Mumbai: The Shiv Sena on Thursday said the response garnered by BJP veteran Yashwant Sinha’s agitation in Maharashtra over farmers’ issues should set off alarm bells for the state government "Why did the chief minister and (revenue minister) Chandrakant Patil plead Sinha to take back the agitation? The political parties also requested the Commission to check usage of black money and distribution of gifts, PTI District and state level officials had been directed to "comprehensively review and reassess vulnerable locations" which will be under focus of the Commission, you could see me on the big screen sometime soon.