Ad Here  
July
August
September
October
November
December
 
 
Solar thermal shines… Lesson from Chandrababu Naidu Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Moily’s bold thrust Rahman at CIC S V Raju – a ‘good’ true liberal Vibrant Gujarat CRS, a jewel among managers, is no more. Tihar, Puzhal not different from Parappana Agrahara Silver Years of Madras Musings Plummeting profits of PSBs The Gulf aviation boom Where a state respects its litterateurs… The ‘Ayyo-yes’ is no more Scientists urged to take up farmer-oriented research Recognition to role of NBFCs.... Solar, solar everywhere … Poor representation for Kerala and TN in Cabinet Bihar – Nitish Kumar adopts the Lalu model He continues the focus on social amelioration Tribute Computation of GDP – conundrums continue Tribute – M V Murugappan Insurance companies bleeding, yet no decision on increasing FDI limit! The why of tax incentives A yen for wastage… Fortune for Indian Airlines Polls and promises London, London Narayan A Grand Finale for SN’s MS centenary at the US… Make standards certification mandatory... Should we change the official year? F C Kohli - his concerns all embracing Liberal imports idling indigenous capacities EVM is tamper-proof Engineering seats go abegging Contrarian cousins Making ‘my Amaravati’... Return to king coal for urea... An inexplicable neglect Tatas moving out of urea production... Eternal support for capitalisation of PS banks Not just in-laws (and outlaws); they’ve renowned academics at the helm! A glass full of corruption Fuel for thought Haul over the coal Marketing expert Balagopal is no more Tough task taking states together The nuclear option Music happens Naidu will soon build a new Hyderabad Don’t seem to feel the pulse… Online not in line with brick and mortar businesses... Banning booze... When TN politicians can emulate Kerala's Boy, can you beat these? This scant respect for Law A more liberated TN… No engine for this car Tax agriculture For whom the bell tolls? Welcome thrust on trade in Modi’s foreign visits... Parliament in paralysis... Welcome focus on core competence The few handicaps... Air Asia India will set new benchmarks for budget travel Muffled voices for merit… Padma Bhushan for A Ramakrishna Why this malaise in medical education? Wanted: a second airport for Chennai Whistle-Stop Tour of Raghuram Rajan Funding the un-funded TN – agglomerate land holdings without alienating ownership No mega rail project for Tamil Nadu Remembering Indira Sivasailam... CII projects higher growth… A rich pool of talent not utilised…. Five star activism stalls development activity Editor's Says Robber barons everywhere Quality silica from Neyveli to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Of course, Gujarat is vibrant Editor's Notes Medical costs hit the roof... Welcome changes that testify to Jayalalithaa’s return to health GNS - 100: our first subscriber Increasing non co-operation of state leaders When nations steal growth from one another… Why land prices zoom in TN? Dr C Rangarajan returns to Chennai ONGC at KG Basin Protest masters... EEC at the National Media Centre The rise and rise of KCP An informal presentation - analytical, forward locking... Tatas moving out of urea production... Breaththrough in malaria control When small is no larger beautiful.. IPL - no surprise this scam Nuclear power at the nucleus TGS- The king storyteller Road development slows down Waning interest in public discussions… Revive development banks... Mersal magnified The star of Spencers is no more Modi storms Silicon Valley PC’s preference for professionals Colour-Chem’s colourful KRVS The Swadeshi Trump IPL type auction for VCs? Delhi is distant WTO Meet: resolved to meet again Reliance’s TV – 18 ready to launch Tamil News Channel Convulsions in The Hindu Preserving for the future Kinetic Karnataka Mu Sigma – is no more Align crops to agro climate endowments… Cutting the nose to spite the face Bihar elections - the Rajaji formula worked Revving up the manufacturing sector Adapt Vajpayee dinner diplomacy Alexa – Talking Wikipedia More heat than light Small units prefers to remain small... A Grand Finale for SN’s MS centenary at the US… Valli, they are more marginalised Limit foreign borrowings to hi-tech, export potential projects... CSR and CMI: promise of another Srinivasan Ramanujan... Things happen by accident and not by design... Odisha: spectacular win by Naveen Patnaik Measuring roof tops in terms of KW/MW Like Hinduism: many paths to reach God... The balancing act Readers' Mail S Ramanathan – a versatile musician, musicologist Fortune 500 review Naidu’s return augurs well for Seemandhra Discoms deserve better… Cement prices continue to rise… The power-full Hindujas Telangana in top gear… Welcome GST Gay abandon in pricing Airlines in India: cost and space No Maha Koottani in TN... Diamond jubilee of Egmore Samskrt School Build close rapport with business leaders Fall in crude prices help in oil sector reform More Shakti to resource mobilisation... Pharma – overdose of copying Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai A think tank for Chennai Land reclamation from sea appears cheaper! Cleaning Ganga – relocate tanneries and install electric crematoria An enemy’s enemy is a friend Come elections, come advertisements... TN accounts for the largest recruits by the IT sector The rise and fall of Annamalai University Shaming of Tamils by Tamil farmers at Delhi IAS invades NDDB... The Jan Dhan bonanza A friendly business group Permanent secretariat for TN GIM Kudos to NDTV... Infrastructure funding – lessons learnt New IT products of Ramco in the pipeline… L&T: focus on infrastructure and more infrastructure… More tributes to GR Put expensive assets created to use... Gas is the way forward How Air-India loses customs... Where is Rajaji? He saved millions from starvation... Streamlining mandatory third party cover Roaring Ro-Ro facility When the President was rendered homeless… Delhi returns to BJP The brown list of Venkitaramanan Excel Generators provide the vital back-up Maximising the micro pricing … MHC should not return to its old indisciplined ways Sweeter prospects for sugar SoA @ 80 Intellectual of rare qualities More Shakthi to Das’ elbow Sweet news for TN sugar mills There was flood of milk. Reason: no milk commissioner! Poor quality of university VCs B H Kothari - a tribute Paytm karo... The ‘Jayanthi Tax.’ Delhi is distant… A welcome initiative by the judiciary …and of a popular trade leader Quality education through the PPP mode All eyes on Sankara Nethralaya Kulandai was a giant Shanti and Sadhana through Music Focus on quality of power - its only around 170-180V For whom the MIDS bell tolls? CIPET hqrs to stay at Guindy – for the present? Sri Lanka votes for change Demise of a media baron... Which side are you, Montek? Lalu’s envy, India’s pride The Ports’ Pasha expands into Tamil Nadu Noble nonagenarians... Towards speedy justice A C Muthiah – his munificent bequeaths to science Godspeed, Chief Minister JJ Russi Mody – a tribute L&T- the specialty of special purpose vehicles TN-leverage strength of BHEL, NLC... Building loyalty through the stomach Tribute – Manikam Ramaswami Modi and the lady GM Technology at last! Another Indian music maestro at the UN Rs.1600 crore paper board plant of TNPL TELANGANA at last…BUT A professional at the helm of IRDA... Tribute – UCAL Selvan… Shale gas and its shallow future China invests in India West Bengal: mindless malignancy PPP mode for upgrading Corporation Hospitals When Ratan Tata visited SRM Delhi Chalo... Shipping woes of Chennai companies Secularism and anti-Hinduism Inflation: are we emulating Argentina and Brazil? TIAM turns a full cycle A proud Madrasi Auto components surge… Adharma of opposition politics When online building permits work…. Wise Presidents Strengthen the base... R Sridhar steps down as CEO of Shriram Capital The sea- saw battle continues... Multi-faceted Venkat
 
The Jan Dhan bonanza

In his Independence Day address, Prime Minister Narendra Modi announced the Jan Dhan Yojana designed to bring an additional 7.50 crore people under banking services, mostly of rural population. A time limit of one year was set to achieve this. But the excellent work put in brought nearly 7.73 crore even by 19 November. Banks have been asked to open an additional 3.75 crore accounts before 26 January 2015 as 33 districts had less than 50 per cent coverage.

An additional, not quite anticipated, outcome of such large numbers opening bank accounts without minimum deposits, was the accretion to deposits by around Rs 6092 crore!  Obviously this quantum of money had been kept by the new breed of depositors in rice pots, kitchenware or under the pillows!  In the various efforts on rural development the Jan Dhan Yojana seems to be among the best.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com