National - Electronic Gurudev

Aug32016 by Team - The Digital IndianNo Comments

It is the right time for Uttar Pradesh’s division into smaller states

Fertile land, productive terrain, natural water resources, large consumer base, political clout, rich culture, and an authoritative presence, in books of history- Uttar Pradesh (UP) has everything, that an administrative unit needs, to write its growth story. And yet, it continues to fall short of its development potential. If it were a separate country, UP would be the fifth most populous in the world. And yet, nowhere have the dividends from our demography been as low, as in UP. This points to a fundamental flaw in the state’s governance architecture. Low economic development, and disappointing social indicators According to the Ministry of Statistics and Programme Implementation, the per-capita Gross State Domestic Product (GSDP) of UP, is the second lowest, among all states and Uni...

Narendra Modi has turned India into a magnet: McKinsey CEO Dominic Barton

National

Dominic Barton, the CEO of the world's largest whiteshoe consulting firm, McKinsey, says that India is back on the priority list of CEOs after Narendra Modi's ascension to power. "People had given up on India. They felt India is too complicated and it was difficult to get anything done. It had dropped in the last five years on people's priority (list). I think it has gone right back up, people are interested, obviously people are going to want to see action but I think the feeling is they will, because this government seems serious," says Barton. On his part, the McKinsey CEO is again advising his clients to bet big on India. "I was not (advising clients to come to India) two years ago because it was complicated... and companies and clients were deeply frustrated with the bureaucracy, n...

India’s street children setup their own Bank – Children’s Development Khazana

Delhi

Ram Singh, 17, earns just one dollar from the 100 cups of tea he makes every day outside Delhi railway station, but each evening, after packing up, he goes to the bank and deposits nearly half of it. Singh holds an account at a special bank, run for, and mostly by, Indian street children, that keeps what little money they have safe and seeks to instill the idea that savings, however meagre, are important. Just one among millions of street children who rely on menial jobs for survival, Singh is determined to make his work pay some sort of future dividend. “I’m smart, but that alone isn’t enough to start a business. “I save money everyday, hoping to start something of my own. Someday soon,” he said as he served glasses of India’s ubiquitous, spicy milk tea in sweltering heat at a s...