News for 'Direct Benefit Transfer'

RBI Eases KYC Deadline For Low-Risk Customers

RBI Eases KYC Deadline For Low-Risk Customers

Rediff.com13 Jun 2025

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'

UK Opens Up For Indian Students

UK Opens Up For Indian Students

Rediff.com8 Oct 2025

'Initiatives such as the Young Professionals Scheme also offer young graduates the chance to live and work in the UK after gaining experience.'

'No contact since his arrest': Wangchuk's wife moves SC

'No contact since his arrest': Wangchuk's wife moves SC

Rediff.com3 Oct 2025

Gitanjali Angmo, wife of climate activist Sonam Wangchuk, has filed a plea in the Supreme Court seeking his release from detention under the National Security Act. Wangchuk was detained following protests in Ladakh. The plea challenges his detention and alleges violations of due process.

Govt urges banks to close inoperative Jan Dhan accounts

Govt urges banks to close inoperative Jan Dhan accounts

Rediff.com7 Jul 2025

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.

Only 3-4 lakh found bogus in Ladki Bahin scheme; govt to release dues

Only 3-4 lakh found bogus in Ladki Bahin scheme; govt to release dues

Rediff.com19 Sep 2025

Maharashtra government to resume payments for most beneficiaries of the Ladki Bahin scheme after verification process found only a small percentage to be ineligible.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Direct cash transfer of LPG kicks off in 18 districts

Direct cash transfer of LPG kicks off in 18 districts

Rediff.com3 Jun 2013

The seeding of LPG database with Aadhar numbers is above 55 per cent and overall Aadhar penetration is 90 per cent in these districts.

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Rediff.com11 Sep 2025

'No one can ignore PK's prediction about Nitish Kumar's party.'

SC seeks Centre's response on Wangchuk's detention

SC seeks Centre's response on Wangchuk's detention

Rediff.com6 Oct 2025

The Supreme Court has sought responses from the Centre and Union Territory of Ladakh regarding the detention of climate activist Sonam Wangchuk under the National Security Act. Wangchuk's wife filed a plea seeking his release. The court has scheduled the next hearing for October 14.

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Rediff.com15 Aug 2025

President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Rediff.com7 Oct 2025

Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.

'From India-First To India-For-The-World'

'From India-First To India-For-The-World'

Rediff.com2 Jul 2025

'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'

Will Kavitha float own party against father KCR post BRS exit?

Will Kavitha float own party against father KCR post BRS exit?

Rediff.com3 Sep 2025

K Kavitha's suspension from BRS and subsequent departure have drawn comparisons to YS Sharmila's revolt against her brother, YS Jagan Mohan Reddy. The article explores the circumstances surrounding Kavitha's exit and its potential impact on the BRS.

'Not A Single Penny Is Shared With States'

'Not A Single Penny Is Shared With States'

Rediff.com30 Aug 2025

'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'

FULL TEXT: President's address to the nation on I-Day eve

FULL TEXT: President's address to the nation on I-Day eve

Rediff.com15 Aug 2025

President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.

We began Rana extradition process, Modi govt benefited: Congress

We began Rana extradition process, Modi govt benefited: Congress

Rediff.com10 Apr 2025

The Congress party has claimed credit for the extradition of Tahawwur Rana, an accused in the 2008 Mumbai terror attacks, from the US, saying the Modi government did not initiate the process and merely benefited from the "mature, consistent and strategic diplomacy" begun under the UPA. Former Home Minister P Chidambaram said the government did not secure any breakthrough to make the extradition possible, nor is it the result of any grandstanding. He added that it was a testament to what the Indian state can achieve when diplomacy, law enforcement and international cooperation are pursued sincerely and without any kind of chest-thumping. Chidambaram detailed the UPA government's efforts in securing Rana's extradition, citing the registration of a case against him in 2009, diplomatic pressure on Canada and the US, and continued efforts despite legal setbacks. He highlighted the role of the UPA in securing Rana's conviction for other terrorism-related offences and the cooperation between the US and Indian agencies in gathering evidence and securing his extradition. The Congress leader further stated that it was the UPA's groundwork that paved the way for Rana's extradition, even after the change in government in 2014.

What fintechs must do to scale up presence of e

What fintechs must do to scale up presence of e

Rediff.com24 Feb 2025

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.

What You Must Know About New Income Tax Act

What You Must Know About New Income Tax Act

Rediff.com5 Sep 2025

The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.

'My Job Is To Be A Facilitator'

'My Job Is To Be A Facilitator'

Rediff.com23 Jun 2025

'My job is to provide people with a bouquet of options they can choose from.'

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

Rediff.com7 May 2025

Prime Minister Narendra Modi asserted on Tuesday that India's water will no longer flow outside the country but will be utilized in the nation's interest, a statement seemingly directed at Pakistan following his government's decision to put the Indus Waters Treaty in abeyance after the Pahalgam terror attack. Addressing the ABP Network's 'India@2047' Summit, Modi emphasized his government's focus on interlinking rivers, noting that water used to be a source of conflict among states, before alluding to India's stance against Pakistan while discussing water. He highlighted the finalization of the India-UK free trade agreement as a historic milestone and underscored the importance of prioritizing national interest for achieving objectives and realizing the country's potential. Modi highlighted the country's growth and development under his government's rule, emphasizing its focus on welfare schemes and digitalization. He reiterated his government's commitment to 'Nation First' and pointed to the recent reforms undertaken, including the new Waqf law and the ban on triple talaq, which he said were aimed at benefiting the marginalized sections of society.

Direct Cash Transfer system pure magic: Chidambaram

Direct Cash Transfer system pure magic: Chidambaram

Rediff.com22 Dec 2012

We will roll out the scheme from January 1, says P Chidambaram.

UPA's cash transfer scheme: Sonia's explanation

UPA's cash transfer scheme: Sonia's explanation

Rediff.com15 Dec 2012

Congress president Sonia Gandhi on Saturday strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA.

India Must Only Agree To A Deal If It Is A Win-Win

India Must Only Agree To A Deal If It Is A Win-Win

Rediff.com27 Aug 2025

To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

Direct govt subsidy for 1 LPG cylinder: PMO

Direct govt subsidy for 1 LPG cylinder: PMO

Rediff.com18 Apr 2013

Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.

3-judge HC bench to hear pleas against Maratha quota

3-judge HC bench to hear pleas against Maratha quota

Rediff.com16 May 2025

The Bombay high court on Friday constituted a three-judge special bench to hear the pleas challenging the constitutional validity of the law providing Maratha reservation following a Supreme Court directive.

Internship Portal To Open Sat Evening!

Internship Portal To Open Sat Evening!

Rediff.com12 Oct 2024

Internship opportunities have been posted by 193 companies, including Jubilant Foodworks, Maruti, Eicher Motor, L&T, Muthoot Finance and Reliance.

India now world's 5th largest economy: Sitharaman

India now world's 5th largest economy: Sitharaman

Rediff.com1 Feb 2020

Sitharaman also listed out various welfare schemes like affordable housing, direct benefit transfer and Ayushman Bharat.

Women centric schemes proved to be game-changer in 2 states?

Women centric schemes proved to be game-changer in 2 states?

Rediff.com23 Nov 2024

Women-centric schemes could have proved a game-changer in both Maharashtra and Jharkhand, as both states witnessed a surge in women voters in the recently held assembly polls as well as return of the ruling alliances with a thumping majority.

Gensol promoters used firm like personal piggy bank: Sebi

Gensol promoters used firm like personal piggy bank: Sebi

Rediff.com17 Apr 2025

Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in its interim order.

Highlights of Economic Survey 2023-24

Highlights of Economic Survey 2023-24

Rediff.com22 Jul 2024

The Survey is authored by Chief Economic Advisor V Anantha Nageswaran and his team.

155,000 Apply For 91,000 Internships

155,000 Apply For 91,000 Internships

Rediff.com14 Oct 2024

A shortlist using artificial intelligence would be prepared to identify eligible candidates and match them to the suitable internship opportunity. The shortlist would be shared with the companies on Tuesday, October 15.

Coming Soon! New Internship Scheme

Coming Soon! New Internship Scheme

Rediff.com12 Feb 2025

'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'

Falling poverty claims in SBI report spark concerns about methodology

Falling poverty claims in SBI report spark concerns about methodology

Rediff.com6 Jan 2025

State Bank of India (SBI), in a report on Friday, claimed a significant decline in the headline poverty ratio in rural areas on account of enhanced physical infrastructure, higher consumption growth in the bottom fractile and direct benefit transfers (DBTs).

'I Never Take My Opponent's Name'

'I Never Take My Opponent's Name'

Rediff.com30 May 2024

'Even last time, when I defeated Shatrughan Sinha, I did not take his name.'

Harvard's 788 Indian Students: What Next?

Harvard's 788 Indian Students: What Next?

Rediff.com23 May 2025

The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.

TMC believes in Transfer My Commission: PM attacks Mamata

TMC believes in Transfer My Commission: PM attacks Mamata

Rediff.com18 Mar 2021

Prime Minister Narendra Modi Thursday attacked West Bengal Chief Minister Mamata Banerjee for pursuing "appeasement and vote bank politics" which were responsible for infiltration.

Simultaneous polls can promote consistency in governance: Prez Murmu

Simultaneous polls can promote consistency in governance: Prez Murmu

Rediff.com25 Jan 2025

President Droupadi Murmu, in her address to the nation on Republic Day, advocated for the "One Nation One Election" initiative, emphasizing its potential to enhance governance and reduce financial burdens. She highlighted the government's efforts to eliminate remnants of colonialism, citing the replacement of British-era criminal laws with modern alternatives. Murmu also lauded India's economic progress, stressing the importance of inclusive growth and social welfare. She urged citizens to remember the sacrifices of freedom fighters and reaffirmed the significance of the Constitution in guiding India's journey towards a prosperous and equitable future.

Rs 7,024 cr transferred under LPG cash subsidy scheme

Rs 7,024 cr transferred under LPG cash subsidy scheme

Rediff.com20 Mar 2015

Rs 7,024 cr transferred under LPG cash subsidy scheme.