10 Policy Initiatives That Matter
Businessworld|June 10, 2017

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.

Sutanu GuruC
10 Policy Initiatives That Matter

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

Esta historia es de la edición June 10, 2017 de Businessworld.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición June 10, 2017 de Businessworld.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESSWORLDVer todo
MEMORIES & IMPRESSIONS
BW Businessworld

MEMORIES & IMPRESSIONS

Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.

time-read
3 minutos  |
October 19, 2024
The Robotaxi Market
BW Businessworld

The Robotaxi Market

The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.

time-read
1 min  |
October 19, 2024
And the Nobel Prize Goes to AI
BW Businessworld

And the Nobel Prize Goes to AI

The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.

time-read
1 min  |
October 19, 2024
Ola Electrified
BW Businessworld

Ola Electrified

Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.

time-read
1 min  |
October 19, 2024
Sharp Slide in Industrial Output on Eve of Deepavali
BW Businessworld

Sharp Slide in Industrial Output on Eve of Deepavali

India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.

time-read
1 min  |
October 19, 2024
Heralding the Solar Era with Sustainable Electrification
BW Businessworld

Heralding the Solar Era with Sustainable Electrification

RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more

time-read
2 minutos  |
October 19, 2024
A WELL-GREASED MACHINE
BW Businessworld

A WELL-GREASED MACHINE

The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar

time-read
4 minutos  |
October 19, 2024
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
BW Businessworld

DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH

For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh

time-read
7 minutos  |
October 19, 2024
Disruption Ahead: Beyond Organisation Charts and Structures
BW Businessworld

Disruption Ahead: Beyond Organisation Charts and Structures

ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.

time-read
3 minutos  |
October 19, 2024
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
BW Businessworld

Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment

We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.

time-read
2 minutos  |
October 19, 2024