Letters to the editor

Published: November 20, 2014 3:12:11 AM

Letters to the editor

In the edit “Golden cures” (FE, November 19), it has been said the bank needs to buy a put option. That should be a call option.

Implementation is key
The prime minister’s schemes, like the Jan Dhan Yojana or the Swachh Bharat Abhiyan, may soon become merely symbolic. The former seems to be a competition for bureaucrats on who can get the maximum number of accounts opened—never mind whether these are actually put to use by the beneficiaries or not—whereas the later has become a photo-op for celebrities, walking around with a broom in hand, turning their faces at TV cameras and smiling as they sweep a corner that was never dirty to begin with. What is essential for proper implementation is follow-up action like ensuring continued use of the bank accounts opened by rural, semi-rural people by kick-starting the direct benefits transfer programme and aligning the Jan Dhan Yojana with it. Similarly, the basics of hygiene should be inculcated among those who defecate in the open educated and among the educated urban flat-residents  who throw their garbage on the road though the bins are there for the purpose.  However, the prime minister’s initiatives could have a huge impact on the average Indian and we might see the results in the not-too-distant future. The MPs adopting villages for development is a novel initiative and should rope in industrialists as well.

Debabrata Sengupta

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