With increased funds and Centrally Sponsored Schemes, India’s states now urgently need the institutional mechanism to manage this responsibility
Jan Dhan Yojana: How the government started 15 million bank accounts in one day
The camps were mostly for accepting filled up forms, there is no guarantee when the actual account numbers would be generated
One bank account per household by August 2015: Can Modi achieve this target?
Rural banks have an untapped potential of Rs 15 to 20 lakh crore, says economist
Jan Dhan Yojana: Can 10 million bank accounts be opened in one day?
Calculations show each of the 60,000 camps being organised today by bank branches across rural India would have to process as many as 167 …
Banking on a flimsy promise
The government is clueless about incentives it has promised under its Pradhan Mantri Jan Dhan Yojana to bring every family under the formal …
3.3 billion people financially included, says World Bank
The latest Global Findex report points out that South Asia has the largest gender gap when it comes to financial inclusion
Several flagship schemes have faced huge cuts in annual allocation
Nothing to bank on
The government’s much-hyped Direct Benefit Transfer programme has hit a roadblock. Banks have failed to meet the huge demand for opening …