Prime Minister Narendra Modi on Thursday reviewed the impact of Covid-19 on the Indian economy and a possible second stimulus to boost sectors hit hard by the pandemic. Modi held discussions with Finance Minister Nirmala Sitharaman as the pandemic hit sectors from small industries to the aviation sector hard with millions of jobs at stake.
Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.
Limited IT staff may compel them to focus on big fish than small depositors.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
Railway hospitals will offer postgraduate courses for medical students.
Over 10 million farmers have received Rs 2,000 crore under the flagship scheme says Virendra Singh Rawat.
Entrepreneurs to get support from the government
Syed Firdaus Ashraf/Rediff.com tracks Prime Minister Narendra Damodardas Modi's project-launching spree with just about three months to go for the assembly election in India's most populous state.
Tackling black money gets worst rating; Swachh Bharat, Digital India score poorly.
The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.
This will cost the government Rs 3.1 trillion, about 10 per cent of its annual expenditure, and higher than any other spending item in its Budget.
The Budget has stuck to annual increases in agri credit targets.
One of the major challenges before the government is that the annual average refill by a PMUY consumer is 3.28 cylinders compared to seven for others.
A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.
Her sister said the last rites would be performed only in the presence of CM Adityanath.
Modi said bribery was not possible as the money was transferred directly into accounts of the beneficiaries.
The government on Monday ruled out the possibility of free food-grains distribution to migrants saying there is no panic situation and no complete national lockdown unlike last year.
A youth shot the video of the trek of the pregnant woman on his mobile phone and posted it on social media, saying he wanted to highlight the misery suffered by people of the tribal villages.
In view of the "runaway success" of the scheme, now it has been decided to make it open-ended with more incentives
All Jan Dhan bank accounts should be linked to Aadhaar, Prime Minister Narendra Modi said on Saturday while asking bankers to speed up this process and redouble efforts on financial literacy.
Mamata Banerjee accused Modi of trying to mislead the people with half-truth and distorted facts.
Taxi driver Balwinder Singh was left stunned and speechless when he found out on November 4 that Rs 98,05,95,12,231 had been credited to his State Bank of Patiala account.
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
Thackeray said lockdown has been partially eased because economic activities need to continue as 'now we have to learn to live with the virus'.
The EPFO is now developing a software that will help show retirement savings in cash and ETFs components separately. At present the account only shows the savings as gross cash component.
Global crude oil prices have slumped by 49 per cent during the same period
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
Days after Nitish Kumar attacked the RSS and urged all non-BJP parties to unite, RJD Chief Lalu Yadav backed the Bihar CM to become next PM.
'It has been a phenomenal effort at all levels of the government.' 'People were working 15-16 hour shifts in the central government, in the state governments, in the districts....'
Tax deduction limit up Rs 50K for investment in pension fund.
"The response (to the PMGKY) has not been so good...about Rs 5,000 crore of income was declared in PMGKY," Revenue Secretary Hasmukh Adhia said.
Shah said opposition parties led by the Cong misled people on CAA and disturbed the atmosphere of Delhi. Delhi will go to polls next year and HM exuded confidence that 'lotus will bloom'.
Several events will be organised in Ahmedabad and other parts of Gujarat on Wednesday as part of the sesquicentennial year of Gandhi's birth anniversary.
Never have I been so thankful for my decision to quit my life in Mumbai and shift to Santiniketan as I have been in these times of the coronavirus.
R Rajagopalan reveals the BJP's master plan to get Modi re-elected.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
Tuesday's meeting at the PM's residence, attended by all the five secretaries in the finance ministry besides top officials of other economic ministries and NITI Aayog, cleared a five-year vision plan for the government to make India a $5-trillion economy by 2024.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
Election time forces candidates, friends and family to seek divine intervention.
Critics argue that much more could have been done and that the government was slow to react to many events.
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