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

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