Somesh Jha &Amp; Archis Mohan

Stories by Somesh Jha &Amp; Archis Mohan

Mudra loans led to a 28% rise in jobs

Mudra loans led to a 28% rise in jobs

Rediff.com   7 Nov 2019

After taking benefit of the scheme, jobs increased by around 11 mn in establishments that took loans.

Can Dushyant Chautala claim Devi Lal's legacy?

Can Dushyant Chautala claim Devi Lal's legacy?

Rediff.com   5 Nov 2019

In the years to come, Dushyant may need to compete for the leadership of the Jat community with Hooda's son Deepender, and other Jat leaders, reports Archis Mohan.

'Don't make my Kashmir a graveyard'

'Don't make my Kashmir a graveyard'

Rediff.com   4 Nov 2019

'The decision of August will have to be taken back. This is our resolve. When it will happen, how it will happen, the judge of our case are the people of this country.'

Modi may expand ministry

Modi may expand ministry

Rediff.com   4 Nov 2019

The reshuffle could take place before the start of the winter session of Parliament.

Poll results may spell trouble for Team Rahul

Poll results may spell trouble for Team Rahul

Rediff.com   25 Oct 2019

The assembly election results are likely to put a lid on the impending battle the old guard and young Turks, strengthen the hands of the veterans, and force the younger leaders to negotiate a truce. Archis Mohan reports.

Pension schemes: Govt owes Rs 9,100 crore, says EPFO

Pension schemes: Govt owes Rs 9,100 crore, says EPFO

Rediff.com   21 Oct 2019

Part of the dues has been pending since 1995-96 - the inception year of the Employees' Pension Scheme administered by the EPFO. The Centre also owes the EPFO more than Rs 1,000 crore towards the minimum pension scheme it had notified in September 2014.

Economic slump not a buzzword in Aurangabad

Economic slump not a buzzword in Aurangabad

Rediff.com   20 Oct 2019

The tepid economy has hit most sectors, from automobile and pharmaceutical industries in the district to its tourist footfall, reports Archis Mohan

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com   17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Sitharaman readies relief package for MSMEs, NBFCs

Sitharaman readies relief package for MSMEs, NBFCs

Rediff.com   15 Oct 2019

PSBs have been requested to reach out to MSMEs to provide bill discounting to them against their dues since they suffer the most from shortage of cash.

In a first, BJP meets SJM, others over joining RCEP

In a first, BJP meets SJM, others over joining RCEP

Rediff.com   8 Oct 2019

The BJP's effort comes in the wake of Commerce and Industry Minister Piyush Goyal set to attend the eighth RCEP ministerial meeting in Bangkok from October 10 to 12.

52 errors in J-K Act: Cabinet Secretary foxed by typos in notes

52 errors in J-K Act: Cabinet Secretary foxed by typos in notes

Rediff.com   29 Sep 2019

Following several instances of poor drafting of Cabinet notes and bills in the recent past, on September 11, the Cabinet Secretariat wrote to all ministries and departments to read up paragraph 55 of the 'Handbook of Writing Cabinet Notes'. Archis Mohan reports.

Gig workers set to come under labour laws

Gig workers set to come under labour laws

Rediff.com   26 Sep 2019

According to draft Code on Social Security, 2019, gig and platform workers will be entitled to life and disability cover, health and maternity benefits, among others.

Did Sitharaman overrule bankers on loan 'mela'?

Did Sitharaman overrule bankers on loan 'mela'?

Rediff.com   21 Sep 2019

PSB chiefs tried to argue that liquidity is in surplus in the system and the problem was related to lack of demand in the economy, instead of banks' reluctance to lend, but 'the FM said it is a perception issue that loan is not available, which we need to dispel,', reports Somesh Jha.

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Rediff.com   20 Sep 2019

The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.

Universal social security coverage to workers junked

Universal social security coverage to workers junked

Rediff.com   20 Sep 2019

In the latest draft of the Code on Social Security Bill, 2019, the government has decided to stick to the current thresholds for providing social security benefits to workers by industry.

Finance secy Rajiv Kumar to meet PSBs on Sep 19

Finance secy Rajiv Kumar to meet PSBs on Sep 19

Rediff.com   13 Sep 2019

The government is set to ask PSBs to expeditiously introduce repo-rate linked products "to step up affordable credit".

Street fight, not social media: Sonia's revival plan

Street fight, not social media: Sonia's revival plan

Rediff.com   13 Sep 2019

Congress president implored the party to have a 'concrete agitational agenda' to go directly to the people instead of merely being aggressive on social media.

100 days of Modi 2.0: Govt to show it fulfilled promises

100 days of Modi 2.0: Govt to show it fulfilled promises

Rediff.com   7 Sep 2019

BJP would observe the next 10 days -- from Sunday to September 17, the birthday of the PM -- as 'seva parva'.

Why your take-home salary may rise soon

Why your take-home salary may rise soon

Rediff.com   3 Sep 2019

The government wants to reduce the rate of contribution - part of the employee's share - for a class of workers depending upon age, income or gender, without changing the contribution from the employer's share.

Banks may seek your OK for fund transfer to your account

Banks may seek your OK for fund transfer to your account

Rediff.com   28 Aug 2019

Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said.