Tuesday, January 31, 2017

India Economic Survey 2017: Govt pro-poor, 'finclusion' key to poverty reduction: 

President Underlining key policy initiatives taken by the government and their progress, President Pranab Mukherjee said the core of all government policies is the “welfare of needy”. Lauding the country’s citizens for the display of character in the wake of government’s clampdown on black money, President Pranab Mukherjee on Tuesday said the resilience shown by the people is “remarkable”. Mukherjee was addressing both Houses of Parliament on Tuesday, kicking off the Budget Session.

 Underlining key policy initiatives taken by the government and their progress, Mukherjee said the core of all government policies is the “welfare of needy”. Mukherjee toed the government’s line about financial inclusion of the poor. “Financial inclusion is key to poverty alleviation,” he said while spelling out the performance of Jan Dhan Yojana. Listing some of the achievements of the government, he said that one crore bank accounts have been opened for girl children. Also, 50 India International Skill Centres are being set up, in addition to a Rs 6000 crore fund to boost employment and exports in the textiles sector. Minimum wages have been hiked by 42 percent in farm and non-farm sectors


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