News for 'Direct Benefit Transfer Scheme'

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Rediff.com6 Apr 2024

West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.

PM releases Rs 20,946 cr for farmers under PM-KISAN

PM releases Rs 20,946 cr for farmers under PM-KISAN

Rediff.com2 Jan 2022

Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.

Extraordinary Story Of EPFO Digitisation

Extraordinary Story Of EPFO Digitisation

Rediff.com27 May 2024

A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).

Jan-Dhan Yojana: Most customers have no clue what to do with it

Jan-Dhan Yojana: Most customers have no clue what to do with it

Rediff.com26 Aug 2019

The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.

UIDAI aims to cover 60 crore citizens under Aadhaar

UIDAI aims to cover 60 crore citizens under Aadhaar

Rediff.com5 Jul 2013

Noting that Aadhaar was an 'irreversible process', Unique Identification Authority of India Chairman Nandan Nilekani said on Friday they have targeted to enroll 60 crore (600 million) people by 2014.

Stocks of asset management firms surge as regulatory uncertainty eases

Stocks of asset management firms surge as regulatory uncertainty eases

Rediff.com7 Jun 2023

Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won't upset profits much in the long run. HDFC AMC has gained over 12 per cent in the last four sessions, while Nippon AMC and UTI AMC are up around 5 per cent. Aditya Birla Sun Life (ABSL), the only other listed AMCs, has risen more than 2.3 per cent in the last four sessions.

Modi's socio-nomics starts to pay off

Modi's socio-nomics starts to pay off

Rediff.com16 Nov 2021

Here's what could be ahead for India: A $10-trillion economy by 2030-32, a Sensex at 1,00,000 by 2025, monthly GST revenues at Rs 2 trillion by 2024-25, 100 new unicorns by 2025, and poverty below 5 per cent by 2030, predicts R Jagannathan.

Yogi govt inks pact with Amazon to promote 'Uttar Pradesh Khadi'

Yogi govt inks pact with Amazon to promote 'Uttar Pradesh Khadi'

Rediff.com21 Feb 2018

Team Amazon would also educate and train the khadi artisans to directly sell their products to online customers.

Govt calls PSU bank chiefs for performance review on May 13

Govt calls PSU bank chiefs for performance review on May 13

Rediff.com10 May 2014

A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.

What's been Modi Sarkar's biggest achievement?

What's been Modi Sarkar's biggest achievement?

Rediff.com25 May 2018

While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.

Nationalisation of banks a historical economic blunder: Subramanian

Nationalisation of banks a historical economic blunder: Subramanian

Rediff.com21 Jul 2015

Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14

Centre will focus on ring fencing Aadhaar

Centre will focus on ring fencing Aadhaar

Rediff.com30 Aug 2017

The government would have to assure the Supreme Court that collection of biometric data under Aadhaar does not violate privacy.

Make financial inclusion a national priority, Modi tells banks

Make financial inclusion a national priority, Modi tells banks

Rediff.com26 Aug 2014

According to a PMO statement, Narendra Modi told banks this would be a source of immense satisfaction for them, and that he himself would recognise the achievements of the best performing branches.

Migrant workers' registration process very slow; expedite it: SC

Migrant workers' registration process very slow; expedite it: SC

Rediff.com24 May 2021

The top court said it is not satisfied with the efforts of the Centre as well as the states on the issue of registration of workers in unorganised sectors.

Aadhaar:Nearing a billion and counting, connectivity remains a problem

Aadhaar:Nearing a billion and counting, connectivity remains a problem

Rediff.com1 Apr 2016

Aadhaar now has legal backing but it still faces challenges of privacy and data sharing

Sitharaman may announce Rs 3 trillion stimulus package this week

Sitharaman may announce Rs 3 trillion stimulus package this week

Rediff.com12 May 2020

There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.

'Only Cure For Migration Is To Create Jobs'

'Only Cure For Migration Is To Create Jobs'

Rediff.com18 May 2024

The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.

Govt nods Rs 20,000 cr support for stressed MSMEs, Rs 50K cr equity infusion

Govt nods Rs 20,000 cr support for stressed MSMEs, Rs 50K cr equity infusion

Rediff.com1 Jun 2020

The approval for provisioning of Rs 20,000 crore as subordinate debt to provide equity support will benefit 2 lakh stressed MSMEs.

Cloud still hangs over Aadhaar's future

Cloud still hangs over Aadhaar's future

Rediff.com25 Aug 2014

It is widely believed that Nandan Nilekani's meeting with Prime Minister Narendra Modi saved the ambitious Aadhaar project from oblivion or a takeover by the home ministry.

New PlanCom might alter focus, structure of Centre's schemes

New PlanCom might alter focus, structure of Centre's schemes

Rediff.com9 Dec 2014

If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.

Dynastic corruption growing challenge: PM Modi

Dynastic corruption growing challenge: PM Modi

Rediff.com27 Oct 2020

If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.

ONGC, OIL exempted from LPG subsidy payments this fiscal

ONGC, OIL exempted from LPG subsidy payments this fiscal

Rediff.com21 Apr 2015

The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.

Govt aims to transform India through access, inclusion, empowerment: PM

Govt aims to transform India through access, inclusion, empowerment: PM

Rediff.com28 Jan 2021

Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.

Aadhaar card NOT mandatory for govt welfare schemes: SC

Aadhaar card NOT mandatory for govt welfare schemes: SC

Rediff.com11 Aug 2015

The Aadhar card will be optional for availing various welfare schemes of the government, the Supreme Court said on Tuesday and ordered that no personal information of the holders of such cards shall be shared by any authority.

Weak crude oil may bring Rs 88,800-cr gains this year

Weak crude oil may bring Rs 88,800-cr gains this year

Rediff.com9 Aug 2015

Indian basket at 6-month low of $49.11 a bbl

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Modi@9: Congress asks 9 questions, BJP calls them 'bundle of lies'

Rediff.com26 May 2023

The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.

The challenges Modi govt faces in 2015

The challenges Modi govt faces in 2015

Rediff.com7 Jan 2015

Four specific areas will be watched carefully in the first half of FY16

Earning over Rs 10 lakh/year? Then forget subsidised LPG

Earning over Rs 10 lakh/year? Then forget subsidised LPG

Rediff.com28 Dec 2015

To cut subsidy bill and reduce fiscal deficit, the previous United Progressive Alliance government had restricted the number of subsidised domestic cylinders per household to six every year in September 2012, revising it to nine the following January

In damage-control mode, UPA may offer pre-poll sops

In damage-control mode, UPA may offer pre-poll sops

Rediff.com16 Dec 2013

Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.

Budget: How new tax slabs will benefit you

Budget: How new tax slabs will benefit you

Rediff.com4 Feb 2020

In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.

BJP may delay naming Modi as PM candidate

BJP may delay naming Modi as PM candidate

Rediff.com9 Aug 2013

The Bharatiya Janata Party may further delay the announcement of Gujarat Chief Minister Narendra Modi as the party's Prime Ministerial candidate till the assembly elections to Delhi, Madhya Pradesh, Chhattisgarh and Rajasthan are over.

How Modi's financial inclusion can become a success

How Modi's financial inclusion can become a success

Rediff.com30 Apr 2015

The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.

India becoming world's 5th largest economy is no ordinary feat: Modi

India becoming world's 5th largest economy is no ordinary feat: Modi

Rediff.com8 Sep 2022

Prime Minister Narendra Modi on Thursday said India has become the fifth largest economy in the world and this is not an ordinary achievement. "Every Indian is feeling proud of it. We need to maintain this enthusiasm," Modi said. He was virtually addressing beneficiaries of various government schemes and those present at a mega medical camp organised in Olpad area of Surat city in Gujarat, where the Assembly polls are due later this year.

Giving last chance to reply on PIL for identifying minorities: SC to Centre

Giving last chance to reply on PIL for identifying minorities: SC to Centre

Rediff.com7 Jan 2022

The Supreme Court Friday granted the 'last opportunity' to the Centre to file its reply on a public interest litigation seeking directions for framing of guidelines identifying minorities at the state level as Hindus are in a minority in 10 states and are not able to avail the benefits of schemes meant for minorities.

Why this Budget is a challenging one for the Modi government

Why this Budget is a challenging one for the Modi government

Rediff.com24 Feb 2015

The Budget will indicate where the Modi government stands on reforms, growth and development.

A daunting task to meet the fiscal deficit target

A daunting task to meet the fiscal deficit target

Rediff.com2 Nov 2015

The challenge of achieving fiscal deficit targets for the next two years seems daunting.

'What the party decides is the law for Vasundhara Raje'

'What the party decides is the law for Vasundhara Raje'

Rediff.com18 Oct 2018

'Change is the rule of politics.'

Modi's dig at AAP: Even Gandhiji, Obama have donated to them

Modi's dig at AAP: Even Gandhiji, Obama have donated to them

Rediff.com4 Feb 2015

The PM signs the development mantra in his last rally ahead of Delhi polls.

I consume 2-3 kg abuses daily: Modi in Telangana

I consume 2-3 kg abuses daily: Modi in Telangana

Rediff.com12 Nov 2022

'The agenda in politics should be service-oriented. But in Telangana the mandate of those who got mandate -- their entire focus is to abuse Modi'

After the stick, PM may offer carrots on Sat

After the stick, PM may offer carrots on Sat

Rediff.com31 Dec 2016

Sops for middle class, poor and farmers on cards.