The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
The need to allow government shareholding in public sector banks to come down below 51 per cent
Angry Congress members staged a walkout during Modi's address.
The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.
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.
Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.
'According to a powerful section of the Congress the vote was anti-Congress, anti-dynasty and pro-Modi, in that order. They say Modi won because he represented and completely played upon "Bhartiyata".' 'Sonia is being accused, privately, of protecting her son at the cost of the party's interest.' 'For the first time ever, 24 Akbar Road, the Congress headquarters, is assessing the "neeyat (intent)" of the Gandhi Parivar, which has never happened before.' A Rediff Correspondent lifts the veil off the churning within the Congress party in the wake of the party's rout in the election.
The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
What if you could have an option apart from personal loan in times of crisis?
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
The celebrations after the 2017 World Cup went on for the next few months. But there was one question that the Indian cricketers failed to respond to in their interviews. 'What was their next assignment?' Nobody knew; the players were waiting for the BCCI to tell them. The BCCI, with barely any time from its endless legal tangles, had nothing in mind immediately. The likes of Australia and England were back on the field, battling it out in the Ashes in front of sizeable crowds. But for Mithali Raj and team, there was no road ahead.
Given the history of the trial proceedings, and the documents that the judges and lawyers in the appeal courts have to read at every stage, Jayalalithaa's bail plea, when moved, will take time to be decided, placing a question mark over the party's electoral prospects in 2016.
Budget is widely seen as a test of Prime Minister Narendra Modi.
Apparently resorting to a pacifier after the Maharashtra Navnirman Sena agitation on toll collection, the state government on Thursday assured party chief Raj Thackeray that it would draft a new policy on the issue before the model code of conduct for the Lok Sabha elections comes into force.
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'Despite frequent high-level interactions there has been little traction on substantive issues between India and France,' says Mohan Guruswamy.
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
NDA government has shunned populism.
'The issue of the larger homeland of Nagalim, the dream of the Nagas to hold sway over swathes of Manipur, Assam and Arunachal Pradesh, is just that, a dream.' 'The NSCN has been told categorically that the government is not going to concede on this issue.'
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
The Jamaat-ud-Dawa not only collected funds for charity and diverted it to the Lashkar-e-Tayiba, but also helped the outfit legitimise money collected through extortion, counterfeiting, smuggling and animal skin trade. Vicky Nanjappa/Rediff.com reports
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
Will the EC would make an example of the RK Nagar by-election, either by ensuring free and fair polls or by countermanding the same, asks N Sathiya Moorthy.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
Tax incentives to have cascading effect on the capital goods industry.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Indian economy about to take-off
In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.
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