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Welcome GST There was flood of milk. Reason: no milk commissioner! The brown list of Venkitaramanan Infrastructure funding – lessons learnt Fortune 500 review Mersal magnified Tribute – UCAL Selvan… A friendly business group The ‘Jayanthi Tax.’ When small is no larger beautiful.. Revving up the manufacturing sector The Gulf aviation boom Sri Lanka votes for change Computation of GDP – conundrums continue Remembering Indira Sivasailam... Alexa – Talking Wikipedia A more liberated TN… Shale gas and its shallow future The Swadeshi Trump EEC at the National Media Centre Permanent secretariat for TN GIM Bihar – Nitish Kumar adopts the Lalu model Air Asia India will set new benchmarks for budget travel Modi storms Silicon Valley An informal presentation - analytical, forward locking... Silver Years of Madras Musings Tatas moving out of urea production... 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L&T- the specialty of special purpose vehicles Rs.1600 crore paper board plant of TNPL Welcome changes that testify to Jayalalithaa’s return to health Intellectual of rare qualities Tax agriculture Auto components surge… Fuel for thought PC’s preference for professionals Sweet news for TN sugar mills Polls and promises Engineering seats go abegging Noble nonagenarians... Return to king coal for urea... Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Excel Generators provide the vital back-up PPP mode for upgrading Corporation Hospitals A rich pool of talent not utilised…. Banning booze... Breaththrough in malaria control The Ports’ Pasha expands into Tamil Nadu Which side are you, Montek? New IT products of Ramco in the pipeline… Of course, Gujarat is vibrant Reliance’s TV – 18 ready to launch Tamil News Channel R Sridhar steps down as CEO of Shriram Capital Airlines in India: cost and space Kinetic Karnataka Odisha: spectacular win by Naveen Patnaik How Air-India loses customs... Gas is the way forward The sea- saw battle continues... Eternal support for capitalisation of PS banks S Ramanathan – a versatile musician, musicologist No engine for this car Why land prices zoom in TN? Increasing non co-operation of state leaders Towards speedy justice Revive development banks... Liberal imports idling indigenous capacities Naidu will soon build a new Hyderabad Haul over the coal Come elections, come advertisements... 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Small units prefers to remain small... F C Kohli - his concerns all embracing Cutting the nose to spite the face TN-leverage strength of BHEL, NLC... Paytm karo... Wise Presidents Welcome thrust on trade in Modi’s foreign visits... When the President was rendered homeless… Delhi is distant… A glass full of corruption EVM is tamper-proof Insurance companies bleeding, yet no decision on increasing FDI limit! Streamlining mandatory third party cover Pharma – overdose of copying Adapt Vajpayee dinner diplomacy Funding the un-funded
 
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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