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75% of Jan Dhan accounts empty: Indian financial inclusion scheme may be missing its objective
Initial indications from the data on Prime Minister's Jan Dhan Yojana (PMJDY) are that the grand financial inclusion scheme of the Narendra Modi government has failed to achieve its original objective - to encourage the country's vast unbanked poor population to use bank accounts for cash transactions.
- Categories
- Uncategorized
- Region
- South Asia
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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Uncategorized
- Region
- South Asia
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
- Categories
- Technology
- Region
- South Asia
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OPINION: Sterlisation deaths: A rotten healthcare system continues to play havoc in Chhattisgarh
The sterilization camp that left 13 women dead and many battling for life has exposed the rotten healthcare system in Chhattisgarh, yet again.
- Categories
- Health Care
- Region
- South Asia
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India takes action on spurious and sub-standard drugs
An American pharmacist and an Indian pharmacologist charged with smuggling four million fake pharmaceuticals into the country earlier this month may have been the last straw for the Indian government battling counterfeit drugs.
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- Health Care
- Region
- South Asia
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Bangladesh installs 3 million residential solar systems
Bangladesh’s Infrastructure Development Company Ltd (Idcol) last week marked the installation of 3 million residential solar systems in the country.According to Bangladeshi newspaper The Daily Star, the 3 million systems installed under the Idcol program in off-grid areas have a combined capacity of 135 MW.
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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OPINION: Financial inclusion in India needs another model
Priority sector targets are met by means fair and foul. Competition in providing credit to the unbanked will work better
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- Uncategorized
- Region
- South Asia
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3 tech phenomena you only encounter in the emerging markets
There’s a stage when, after travelling too much, or meeting too many people from the emerging markets, your perception of the world shifts.
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- Uncategorized
- Region
- South Asia
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