'Jan Dhan Yojana' result of Modi govt's out of box thinking

Image
Press Trust of India New Delhi
Last Updated : Apr 21 2016 | 10:42 PM IST
Emphasising on the importance of innovation, Union Minister Rajyavardhan Rathore today said the Narendra Modi government's schemes like Jan Dhan Yojana, neem coating of urea or the drive asking affluent to give up LPG subsidy are a result of out of box thinking.
Speaking about 'Jan Dhan Yojana', Rathore said apart from state resources, the government also inspired volunteers and showed confidence in banks, who worked hard to open crores of accounts.
He cited another instance of "out of box" thinking saying Urea was siphoned to produce chemical products, so the government came up with idea of neem coating it to stop such a practice.
The Minister of State for Information and Broadcasting, who was speaking at an event where BML Munjal awards were conferred, said another example of out of box thinking was the policy asking the affluent to give up gas subsidy.
He said while many did not initially believe that Indians would give up their subsidy, today upto a crore people have given up subsidy.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 21 2016 | 10:42 PM IST

Next Story