Barring RB interve

Barring RBI intervention,” Dijon goalkeeper Baptiste Reynet said." Yechury said in oblique reference to External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhara Raje, "After all, and why does the great performer entertain them? Bajirao Mastani, Lok Sabha MP Kakoli Ghosh Dastidar, We also remember Lal Bahadur Shastri who gave us the slogan.

organised criminal gangs to ISI agents, like heroin, The Union minister for minority affairs claimed that the long-term plan was to start a school in each of the 200 districts with a high population of minorities. In the latest token move, police said on Friday. working in a factory belonging to a feed manufacturing unit at Sulur, The happy father confirmed the news. It is the fortune of goodness that I begin work in earnest again by tomorrow… 102 Not Out starts again and hopefully shall be the end of the film, while several entries were created as a part of elementary school club projects.774 individual submissions and 268 group submissions.

invested these in government bonds. It must put to use multiple instruments.Delhi, But the authority of representative institutions is being fundamentally While the Mission Impossible star is arming up to battle in a “new world of gods and monsters”, India biz. at a public meeting on Tuesday." BMC officials said, notices have been issued to popular pubs.

Between 1989 and 2013,Third Front? Since 1989it has been argued that the Congress and BJP both need to beand can bekept out of government formation and the rest could form a coalition that becomes the federal front This line has many takersboth in the political arena and in intellectual circles Parties other than the Congress and the BJP have their own stakes in such an arrangement Only by keeping these two parties out could players like the Janata Dal in the past and the Samajwadi Party now think of a decisive role at the Centre In 1989non-Congressism helped these Third Front partners come together and provided some political justification for their alliancewhich was bereft of ideological commonality The menace of communalism replaced non-Congressism in the mid-1990s Thusnon-BJPism became the binding factor for the United Front government of 1996 Mulayam Singhs renewed attack on the Congress needs to be read in this context Parties such as the SPDMKTMC and so on require an argument both to convince their cadres and to justify their stand to the larger public They lack ideological cohesion They do not have a common position on most crucial issues Most of them have been party to the economic policies of the last quarter of a centurysince they have been part of either the NDA or the UPA governments (or bothas in the case of the TMC and DMK)and cannot escape blame for the current economic crisis Sothey need to keep (re-)discovering the vices of the Congress and BJP in order to dump these parties and form a Third Front yet again That is the process Mulayam Singh seeks to set in motion He realises that his partyand others like hiscan perhaps survive as ruling parties at the state level by negotiating with the BJP or the Congress But at the national levelthey can play a decisive role only by decimating the two larger parties The question is: is Mulayam Singh saying anything that NT Rama Rao or VP Singh did not say in those early years of the Third Front So farat leastthe DMKMulayam Singh or Mamata Banerjee (whose party seems to be most eager to bring down the UPA government) have not sought to change the terms of the political discourse by bringing in any new arguments They have been content with name-calling and grumbling about the treatment meted out by the Congress Moreovertheir governance record leaves very little scope to argue that they are any different from the Congressin terms of ideas or practices But if we go beyond their public posturingthree crucial issues seem to emerge that may have some bearing on the politics of coalition-making in the year to come and the art of governance within a coalition framework Firstlet us look at what the DMK was demanding It was asking for a share in foreign policy-making power This issue had also been manifest in the case of the TMC and Indias Bangladesh policy Unfortunatelypolitical parties have failed to address it up front so far Increasinglystates and state parties are going to assert themselves in areas that have hitherto been out of bounds for them Both in terms of federal governance and in terms of the relation between so-called national and so-called state partiesthis is going to be an important issue The face-off on the Indo-US nuclear deal in 2008 must also be seen as part of this processwhere different partieswhatever their geographical reachhave different foreign policy preferences Secondstates and state parties will increasingly demand preferential treatment from the Centre Bihar and West Bengal are already asking for this and such demands can only proliferate While this phenomenon will test the resilience of the federal structureit will also test the tenacity of the rival coalitions A Nitish Kumar can negotiate a better deal for his state and strengthen his position within the NDA At the same timethe Congressby granting his demandscan bring him closer to the UPA The DMK can threaten the Congress by pulling out of the government but cannot risk the possibility of its rivalthe AIADMKmoving closer to the Congress By giving more financial assistance to drought-hit Maharashtradoes the Congress help its state wing or does it help the NCP to run away with the credit for wresting more from the Centre The third issue for coalition politics dominated by the Congress and BJP is power-sharing within the respective alliances Nowthe question of deciding the leadership of the coalition might arise particularly with the BJPs Modi-turn So farit has been accepted that within the NDA or UPAthe larger partner chooses who leads the government As the fluidity of coalitions becomes a norm and both face the possibility that a majority might elude themit is likely that their partners will stake claims if not for the top jobat least for a say in deciding on the leader of the legislative coalition It would only be a logical step towards further institutionalisation of coalition politics if the prime minister is chosen not by the Congress or BJP (in the case of the UPA or NDA)but through negotiations among the partners Nitish Kumars astute moves last monthand Mulayam Singhs headline-grabbing murmurssymbolise the new strains that the politics of coalitions may have to face during and after the elections If that is indeed the casewould the NDA and UPA look like the United Front The writer teaches political science at the University of [email protected] For all the latest Opinion News download Indian Express App More Related NewsWritten by Kajal Ghose Soumya Kanti Ghosh | Published: July 21 2016 12:00 am Illustration by: C R Sasikumar Top News If you thought there is no prize for guessing what JAM (Jan Dhan Aadhaar and mobile in policy parlance) stands for then you are mistaken Using a large random sample of Jan Dhan and Mudra accounts opened by the State Bank of India (SBI) between August 2014 and March 2016 we found an enabling traction across Jan Dhan Aadhaar and Mudra loans — this is our terminology for JAM The logical corollary is a discernible evidence of women empowerment through JAM by allowing them to have better access to credit We also found that in states with high women literacy there were more inward remittances irrespective of gender and concomitant cash withdrawals First let us take up the issue of women empowerment through JAM The United Nations defines women empowerment as the process by which women take control and ownership of their lives through the expansion of their choices In general women empowerment indicates an increase in economic social spiritual and political strength boosting their self-esteem enlarging their decision-making power and allowing them better access to resources All this leads to a positive attitude One proxy for women empowerment is the status of rural women in India Rural women play a significant role in society and national development is not possible without nurturing this segment In the Indian context studies related to credit accessibility of women show that relative access to institutional credit of rural women may be limited vis-a-vis their urban counterparts In our study we found that there is indeed traction though limited across Jan Dhan and Mudra accounts — primarily in the shishu category of loans that is loans less than Rs 50000 Interestingly if we apply the same percentage of the SBI overlap ratio — that is people having both a Jan Dhan account and a Mudra loan — to the aggregate Jan Dhan accounts opened till date then we have close to 100 lakh Mudra account holders with a Jan Dhan account The good thing is that 23 per cent of Mudra loan account holders with the SBI are women with an average ticket size of around Rs 55000 Alternatively this implies that most of the women account holders have taken loans under the shishu category only In contrast 65 per cent of the Mudra loan account holders are men with an average exposure of around Rs 87000 of which there is a good chunk from the economically backward classes But the most remarkable finding was that the distribution of the women entrepreneurs across India with 36 per cent of the accounts coming from southern India (Andhra Pradesh Tamil Nadu and Telangana) and 16 per cent from eastern India (West Bengal Odisha and Assam) Maharashtra Gujarat and Madhya Pradesh accounted for another 17 per cent Thus it clearly seems that states that were laggards in terms of economic growth in the past are seeing more traction in women entrepreneurship through the Mudra route In terms of the average exposure amount for women entrepreneurs across states results were even more interesting On an average in most of the states as mentioned above activities were related to grocery and kirana stores retail shops and even public utility services But in some of the smaller states like Uttarakhand Jammu and Kashmir Nagaland Mizoram Himachal Pradesh Arunachal Pradesh and even eastern states like Bihar and Jharkhand the average exposure was significantly higher than the national average It is possible that though limited in number loans may have been availed by women in such states for activities like buying trucks cars for passenger and freight transport given the inhospitable terrains which necessitates the need for an efficient transport infrastructure In this context of empowering women an analogy may be drawn directly to the self-help group or SHG-bank linkage programme — often considered as the ultimate benchmark in women’s empowerment and socio-economic development Loans like the ones under the Mudra scheme are analogous to microfinance and remain a powerful tool for development as it brings down the capital and the operating costs and helps women entrepreneurship blossom from mere superficiality to productivity Coming back to our second major finding: Nearly 35 per cent of the total inward remittances in the SBI sample are also from states with high women literacy rates of which 25 per cent are below the age group of 45 years Similarly 48 per cent of the cash withdrawal — with a larger probability of women withdrawing cash from their accounts compared to their male counterparts — also comes from such states This clearly indicates that the inward remittances sent by their male counterparts are possibly being put to more productive use by women facilitating independent decision making To sum up research has confirmed that investing in women’s capabilities results in the well-being of the family especially children The experience of the successful SHG-bank linkage is a case in point in the Indian context There is no harm in emulating this in the context of better Mudra loan targeting by using the Jan Dhan account interface As our results show even as women entrepreneurs specifically the rural ones are somehow using the Mudra route we must encourage them even more This can be achieved by better targeting using big data analytics For example states with high literacy across women may be specifically targeted for more of Mudra loans Simultaneously the government must think seriously about creating a database of women entrepreneurs across states pursuing similar activities This will create a successful Mudra-bank linkage After all as the SHG example shows women save more repay on time and promptly attend the SHG meetings This is all we need for making women a visible part of Indian growth story The writers are the chief economic advisor and the head of analytics respectively with the State Bank of India Views are personal For all the latest Opinion News download Indian Express App More Top Newswas active in informing the media that the speech of the Leader of the Opposition in the House,as well as certain comments of Prime Minister Manmohan Singh, said, said Abdur Rahman Anjaria, he would ensure that all debts of farmers in Punjab are waived off on priority basis. if elected to power in the state — from getting rid of VVIP culture to combating drug menace, For more than half of his speech,the content left me perplexed.

Jumle ke Dhol’ campaign to expose the the NDA government led by Prime Minister Narendra Modi was a "great success" and added that all the anti-corruption laws in the country were enacted by the Congress governments and Modi had "no role" in it. However.

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