Proper implementation of Jan Dhan a positive

28 Feb 2015

1

Nilaya Varma, head of government services, KPMG in India: Proper Implementation of the proposals for using the Jan Dhan Platform for social security is very positive. It has the potential to mitigate negative financial impact of catalytic health event for poor, which is one of the largest in the world. The challenge will be how effectively it is implemented and how easy it is for poor to benefit out of the new schemes.

Although possibly controversial and against economist expectation, the pushing out of meeting fiscal deficit target by a year shows pragmatism in bringing in additional public investments for infrastructure development, compensating lack of private investment and showing seriousness on improving overall infrastructure.

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