News for 'Direct Benefit Transfer'

Dassault yet to fulfil offset obligations under Rafale deal: CAG

Dassault yet to fulfil offset obligations under Rafale deal: CAG

Rediff.com24 Sep 2020

In its report tabled in Parliament, the national auditor said the Dassault Aviation and the MBDA proposed in September 2015 to discharge 30 per cent of their offset obligations by offering high technology to the Defence Research and Development Organisation (DRDO), but the two firms are yet to do it.

'BJP will win 225-250 seats in UP'

'BJP will win 225-250 seats in UP'

Rediff.com18 Jan 2022

'Both the BJP and SP have workers and cadres across the state, and now it will boil down to which party manages booths smartly and gets its voters to come out.'

More economic measures coming soon: Anurag Thakur

More economic measures coming soon: Anurag Thakur

Rediff.com22 May 2020

The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.

Param Bir moves HC against Deshmukh, seeks CBI probe

Param Bir moves HC against Deshmukh, seeks CBI probe

Rediff.com25 Mar 2021

Singh said in his plea before the high court that Deshmukh held meetings at his residence with several Mumbai police officials, including Waze, in February this year.

Aadhaar project will continue, government tells Supreme Court

Aadhaar project will continue, government tells Supreme Court

Rediff.com14 Feb 2015

So far, 758 million Aadhaar numbers have been generated.

PM slams 'stalwarts' who spoke against digital push

PM slams 'stalwarts' who spoke against digital push

Rediff.com29 Oct 2017

He said digitisation was aimed at bringing in accountability and added that more cash would bring with it social evils.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

SC rejects plea seeking disclosure of PM-CARES Fund

SC rejects plea seeking disclosure of PM-CARES Fund

Rediff.com25 Mar 2022

The high court had dismissed the PIL relying on the apex court's decision of August 18, 2020, which refused a plea by NGO CPIL for the CAG audit of PM-CARES Fund.

Does Modi Mean Business?

Does Modi Mean Business?

Rediff.com25 Jun 2020

'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.

Mandir done, what next for Modi?

Mandir done, what next for Modi?

Rediff.com18 Nov 2019

'You can presume that Modi and his party will now focus on the economy.' 'But then, there is the Jharkhand election next month, Delhi soon thereafter and so on.' 'And this isn't a political leadership that takes even a panchayat election lightly,' notes Shekhar Gupta.

Aadhaar not must, says Centre as Opposition forces RS adjournment

Aadhaar not must, says Centre as Opposition forces RS adjournment

Rediff.com28 Jul 2016

Venkaiah Naidu said Aadhaar will not be made mandatory till the entire population gets such cards or UID numbers.

Law ministry says e-KYC valid

Law ministry says e-KYC valid

Rediff.com9 Aug 2013

Finance ministry asks bank, insurance & market regulators to issue notifications

Of power, privatisation and politics

Of power, privatisation and politics

Rediff.com26 Aug 2021

As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.

How states can avail extra borrowing from the markets

How states can avail extra borrowing from the markets

Rediff.com20 May 2020

These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.

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.

Follow-up reforms needed after diesel decontrol

Follow-up reforms needed after diesel decontrol

Rediff.com20 Oct 2014

A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.

Bombay HC to hear Param Bir's PIL against Deshmukh on Mar 31

Bombay HC to hear Param Bir's PIL against Deshmukh on Mar 31

Rediff.com30 Mar 2021

Singh had initially approached the Supreme Court, alleging he was transferred from the post of Commissioner Police of Mumbai on March 17 and shunted to the Home Guards department after he complained to Maharashtra Chief Minister Uddhav Thackeray and other senior leaders about the "corrupt malpractices" of Deshmukh.

Indian crude oil at 4-month low to cut govt subsidy burden

Indian crude oil at 4-month low to cut govt subsidy burden

Rediff.com28 Jul 2015

The Indian basket represents the price of Oman and Dubai sour grade crude.

Coronavirus: India Inc's 5-point wishlist for Modi

Coronavirus: India Inc's 5-point wishlist for Modi

Rediff.com24 Mar 2020

Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.

GST rollout needs more changes to service tax, excise: Sinha

GST rollout needs more changes to service tax, excise: Sinha

Rediff.com2 Mar 2015

Amendments to RBI Act likely soon

Indian crude oil basket dips to 3-week low on Greek crisis

Indian crude oil basket dips to 3-week low on Greek crisis

Rediff.com1 Jul 2015

Declining crude price translates into lower under-recoveries for OMCs

New worries for banks

New worries for banks

Rediff.com11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

76th I-Day: Modi sets 'Panch Pran' goal to develop India in 25 yrs

76th I-Day: Modi sets 'Panch Pran' goal to develop India in 25 yrs

Rediff.com15 Aug 2022

"For the next 25 years we need to focus on the five resolves - developed India, removing every trace of bondage from our mind, taking pride in our glorious heritage, unity, and fulfilling our duties," he said.

Budget 2020 has failed to live up to expectation

Budget 2020 has failed to live up to expectation

Rediff.com2 Feb 2020

The immediate need is to put more money in the hands of agriculture-based and rural households to improve their purchasing power, says S Mahendra Dev.

Sonia rolls out food security measure in Delhi

Sonia rolls out food security measure in Delhi

Rediff.com20 Aug 2013

Going ahead with its "game changer" measure for next Lok Sabha polls, the Congress on Tuesday rolled out the ambitious food security scheme in three states -- Delhi, Haryana and Uttarakhand with party President Sonia Gandhi hailing the measure as "historic" and "unparalleled".

Plan panel objects to govt funding for India Post bank

Plan panel objects to govt funding for India Post bank

Rediff.com2 Aug 2013

The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.

Always retrieve unclaimed dividend!

Always retrieve unclaimed dividend!

Rediff.com23 Mar 2021

Investors should keep updating their personal and bank details with fund houses. They should also opt for the auto-pay facility so that the dividend proceeds get credited into their account directly, advises Bindisha Sarang.

CBI charges Malayalam author Zacharia, 4 others in FCRA case

CBI charges Malayalam author Zacharia, 4 others in FCRA case

Rediff.com13 Dec 2021

The Central Bureau of Investigation has filed a charge sheet against noted Malayalam author Paul Zacharia and four others including two charitable organisations in a case related to embezzlement of foreign funds.

Implementation of Food Security Bill acquires special urgency

Implementation of Food Security Bill acquires special urgency

Rediff.com3 Jul 2013

The government is being pushed by Congress president Sonia Gandhi to put the food bill on fast track as the Congress had promised a 'right to food' in its 2009 election manifesto, reports Anita Katyal

Finally some good news for 32 mn construction workers

Finally some good news for 32 mn construction workers

Rediff.com6 Jul 2020

Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.

Lowering LPG cap will be viewed positively by the market

Lowering LPG cap will be viewed positively by the market

Rediff.com9 Jul 2014

Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.

Rural spending has skyrocketed but defence hit badly

Rural spending has skyrocketed but defence hit badly

Rediff.com10 Jul 2020

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.

'You will succeed as long as you remember that the project is bigger than you'

'You will succeed as long as you remember that the project is bigger than you'

Rediff.com30 Aug 2023

'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.

For PayTM CEO, the ATM crisis is boom time

For PayTM CEO, the ATM crisis is boom time

Rediff.com23 Nov 2016

Sleep has been a casualty for Vijay Shekhar Sharma, whose wallet company Paytm has a user base of close to 150 million and is working 20 hours a day.

'People won't vote Yogi out over handling of Covid'

'People won't vote Yogi out over handling of Covid'

Rediff.com15 Jan 2022

'The Covid situation is like demonetisation.' 'People were upset with the government initially, but eventually they voted for the BJP again.'

Is Modi's Jan Dhan scheme pathbreaking?

Is Modi's Jan Dhan scheme pathbreaking?

Rediff.com1 Sep 2014

Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres, says Debashis Basu.

Modi's 3 big initiatives were actually started by UPA!

Modi's 3 big initiatives were actually started by UPA!

Rediff.com27 Jan 2015

Three recent initiatives kicked off with renewed vigour to improve governance were actually started, perhaps in a different format by the UPA government.

LS passes bill allowing voluntary use of Aadhaar

LS passes bill allowing voluntary use of Aadhaar

Rediff.com4 Jul 2019

The amended bill also provides for a stiff Rs 1 crore penalty and a jail term for private entities for storing Aadhaar data.

Three oil PSUs move SC for modification of Aadhaar order

Three oil PSUs move SC for modification of Aadhaar order

Rediff.com6 Oct 2013

Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.

SC stops HC order staying Assam-Meghalaya border pact, terms it unwarranted

SC stops HC order staying Assam-Meghalaya border pact, terms it unwarranted

Rediff.com6 Jan 2023

It also issued notices to the four people who had originally moved the high court against the execution of the MoU on various grounds including that the settlement breached Article 3 of the Constitution.