LOSE to five dozen ambitious policy initiatives have been launched by the Narendra Modi regime. Some have worked wonders while some have been damp squibs. A subjective list of the 10 most defining or game changing moves.
1: JAN DHAN YOJANA
ONE of the most used and abused terms in liberal circles is “inclusive growth”. A corollary to this is the concept of financial inclusion. Gandhi family loyalists in liberal circles still sing praises in the name of Indira Gandhi for her bold 1969 policy move to “nationalise” banks as a master stroke that would help the poor. The same set of liberals prefer to maintain a thundering silence when there is any talk of arguably the most game changing policy initiatives of this regime: the Jan Dhan Yojana, which is basically a scheme to encourage poor Indians to open no-frills savings accounts in banks. For two years and more, after it was launched in 2014, most liberals scoffed at the policy. Newspapers, magazines and TV debates harped on about how the disproportionately high percentage of accounts with zero balances made a mockery of the scheme. Many suggested that the poor illiterate and ignorant Indians were hoodwinked into opening these accounts because they were promised bags of free cash. That is just an odious example of how liberals who claim to think and work for the poor actually look down upon the poor and think they are collectively stupid. Drop the partisan lens and you will see, the Jan Dhan Yojana has been a spectacular success. Close to 30 crore new accounts have been opened. Millions of poor Indians have realised much to their delight that money from social welfare schemes has started flowing directly into their accounts instead of being looted by middlemen. Once the JAM (Jan Dhan-Aadhaar-Mobile) push becomes a reality in due course, this policy will become a milestone in contemporary Indian discourse.
2: UJJWALA
هذه القصة مأخوذة من طبعة June 10, 2017 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 10, 2017 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Powerful, Peculiar Perquisites
MOST COMPANIES recognise that people are key to their success. Competition is all about the war for talent. Higher compensations can, in many cases, attract that brilliant leader or the tech genius, but a competitor may well offer even more. This race is financially draining and not really a great strategy.
Shaping The Future Of India's Infrastructure
RUPEN PATEL on the achievements of the engineering and construction major including the iconic projects rendered by it, nation building, focus on sustainable practices and much more
WHY DON'T WE SUE BRITAIN?
I WAS WORKING ON my next column for BW – on one of my favourite themes like ‘Sustainability’, ‘Inclusivity’, ‘India Shining’ etc.
LIFE AND TIMES OF A MEDIA TITAN
DD Purkayastha's autobiography captures his 42-year tryst with the ABP Group, delving into various aspects of his professional and personal experiences, as well as insights into the factors that have shaped his character and career trajectory
THE SONET STRIKES BACK
The sub-4-metre SUV segment in India has been a battlefield for automakers, each vying for supremacy with their unique propositions. With the launch of 2024 Kia Sonet, the South Korean automaker is sharpening its edges in this competitive market
SLEEK, SUBTLE, COMPACT AND EASY TO CARRY
The HP Omen Transcend 14 targets a niche market that is growing day by day. Statistically, never in history, was there a better time to launch a gaming laptop, says Deep Majumdar
Geopolitical Resilience for Indian Companies
It's in crisis that inventiveness is born, as well as discoveries made and great strategies arise. He who overcomes crisis, overcomes himself, without getting overcome. - Albert Einstein
The Sourav Ganguly Era
Lessons in Leadership from Indian Cricket - 2
Leadership Challenges Were Not This Long, Before
LEADING IN TODAY’S dynamic environment presents unprecedented challenges. The list of challenges is never-ending. They include navigating complex decisions, staying resilient, inspiring teams, staying innovative, and continually adapting to the constantly changing ecosystem.
The Supreme Court Emerges as a Net Zero Polestar
'Dharma exists for the welfare of all beings. Hence, that by which the welfare of all living beings is sustained, that for sure is dharma,' - Mahabharata (Shanti Parva 109.10)