Solutions involve either an immediate fiscal or monetary stabilisation policy, or pushing through further supply-side structural reforms.
It’s not easy to defend a failing flagship policy, especially when the central premise is shaky. When the foundation is built on wishful thinking, the supporting ‘evidence’ is bound to stray into fiction too.
To seal a durable path to political longevity, Modi has to use his authority to roll back political divisiveness and focus on jobs and growth. He has to live up to the ‘sabka saath, sabka vikas’ slogan by speaking up when the fringe erupts.
An unbanked population of an estimated 140 million, rising cyber security threats, and a cash-dependent informal economy pose challenges to Narendra Modi’s Cashless India.
Playing fast and loose with facts to a willing audience has not hurt either Narendra Modi or Amit Shah.
While there is a need to encourage greater account utilisation among newly banked women, overall growth in active use is clear.
The transactions are being carried out by bank officials under pressure from higher ups to cover up flaws of the Jan Dhan Yojana.
As soon as Times Now’s interview with Prime Minister Narendra Modi ended on Monday night, two of The Wire’s founding editors, M.K. Venu and Siddharth Varadarajan went live on Facebook to critically analyse what was said and left unsaid in the 90 minute broadcast. An edited transcript.
Despite the creation of self-help groups and microfinance schemes, Hemlata Manglani’s case studies reveal that the social environment for women’s enterprises in Haryana has not improved.
Duplication of accounts, account dormancy and the financial unsustainability of the Bank Mitra model. While the Jan Dhan Yojana may be one of the most exhaustive financial inclusion processes to date, there’s still more to be done.
A safety net for rural areas, MGNREGA guarantees 100 days of paid, unskilled manual work every year to every rural household.
Protests are mounting in Dadra and Nagar Haveli, Puducherry and Chandigarh as the poor insist they prefer getting their grain entitlement at ration shops rather than via deposits into their bank accounts.
The Finance Ministry’s proposals for high-tech cash transfers as a foundation for social policy in India are fraught with dangers.
One reason why the BJP is going on a communication overdrive is because it actually thinks the mainstream media has not projected its policies in the right manner. The truth is something else.