Author: Arun Jaitley

“Jan Dhan Yojana and the 1 Billion-1 Billion-1 Billion “JAM” Revolution it is Unleashing” by Shri Arun Jaitley

Three years ago today, Prime Minister Narendra Modi announced a flagship program: Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at providing financial services to the poor. These included opening bank accounts for the poor, giving them electronic means of payment (via RUPAY cards), and placing them in a position to avail themselves of credit and insurance. The vision underlying it was, of course, much broader: nothing short of ending the financial, and hence economic, digital and social exclusion faced by India’s poor. India’s poor would not only be able to overcome their economic deprivation but they would also become...

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Forty Two Years Ago: The Emergency – Arun Jaitley

It has become customary for the critics of any Government in India to casually use an expression “Undeclared Emergency”. Those making these exaggerated comments need to introspect their own roles during the Emergency. Most of them were either supporting the Emergency or were absent in any protest against the Emergency. Emergency was an assault on all democratic institutions. It not only established the dictatorship of an individual, it created an environment of tyranny and fear in the society. Most institutions collapsed on their own. The Emergency was declared on the midnight of 25th – 26th June, 1975. The ostensible...

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