News for 'Direct Cash Transfer'

SC directs HC to appoint another judge for TN minister Balaji's trial

SC directs HC to appoint another judge for TN minister Balaji's trial

Rediff.com30 Sep 2024

The bench said the report submitted by the special judge indicates that he has 29 cases with him. In many cases, the trial has begun while in many others the trial is yet to begin.

ED detects irregularities worth Rs 1,000 cr in TN liquor trade

ED detects irregularities worth Rs 1,000 cr in TN liquor trade

Rediff.com14 Mar 2025

The Enforcement Directorate (ED) has uncovered "multiple irregularities" in the operations of TASMAC, the state-run monopoly controlling liquor trade in Tamil Nadu. The agency found evidence of "manipulation" in tender processes and "unaccounted" cash transactions worth Rs 1,000 crore through distillery companies. The ED alleges that these irregularities involved "kickbacks" to secure increased supply orders from TASMAC and systematic inflation of expenses by distillery companies to siphon off unaccounted cash.

Shut down Parliament if...: BJP's Nishikant Dubey attacks SC

Shut down Parliament if...: BJP's Nishikant Dubey attacks SC

Rediff.com19 Apr 2025

Fourth-term Bharatiya Janata Party MP Nishikant Dubey, one of the more vocal party members in the Lok Sabha, launched a broadside against the Supreme Court on Saturday, saying Parliament and state assemblies should be closed down if the apex court has to make the laws.

PM clears UIDAI rollout schedule from Jan 1

PM clears UIDAI rollout schedule from Jan 1

Rediff.com27 Nov 2012

Full country coverage, in stages, by April 2014; UIDAI, FinMin given prime responsibility to work with ministries, states for national coverage.

Aap ka paisa, aap ke haath: Cong guns for UPA-III

Aap ka paisa, aap ke haath: Cong guns for UPA-III

Rediff.com28 Nov 2012

Aap ka paisa, aap ke haath (direct cash transfer). This is the new slogan with which the Congress hopes to woo back the aam admi, the poor, the marginalised and the weaker sections as the government has launched an ambitious direct cash transfer scheme with Union Finance Minister P Chidambaram calling it a 'game changer'.

7 banks in Aadhar payment system

7 banks in Aadhar payment system

Rediff.com22 Nov 2012

As the government is all set to roll out direct cash transfer for its welfare schemes, the National Payment Corporation (NPCI) on Thursday said seven banks have already implemented the Aadhar-enabled payment system (AEPS) and seven more are in the process of doing so.

How Will Lee's Election Impact Asia?

How Will Lee's Election Impact Asia?

Rediff.com11 Jun 2025

Lee Jae-myung's decisive victory in South Korea's snap presidential election marks a major political shift driven by public backlash against authoritarian, with significant implications for domestic reform and the future of the US-South Korea alliance, observes Dr Rajaram Panda.

There is a lot to learn from India: IMF

There is a lot to learn from India: IMF

Rediff.com13 Oct 2022

India's deployment of a direct cash transfer scheme and other similar social welfare programmes is a "logistical marvel", the International Monetary Fund (IMF) said on Wednesday. "From India, there is a lot to learn. There is a lot to learn from some other examples around the world. "We have examples from pretty much every continent and every level of income. "If I look at the case of India, it is actually quite impressive," Paolo Mauro, deputy director of the Fiscal Affairs Department at the IMF, told reporters at a news conference in Washington.

Upholding constitutional ethos hallmark of CJI Sanjiv Khanna's tenure

Upholding constitutional ethos hallmark of CJI Sanjiv Khanna's tenure

Rediff.com13 May 2025

Some of his directives had the Supreme Court judges disclose their assets whereas the row over the discovery of cash from a sitting judge's official residence paved way for inquiry.

Why Telangana gave cheques to farmers instead of direct transfer

Why Telangana gave cheques to farmers instead of direct transfer

Rediff.com11 May 2018

Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.

Manchester City's record-breaking splurge in January!

Manchester City's record-breaking splurge in January!

Rediff.com4 Feb 2025

Manchester City spent more than 180 million pounds ($223.58 million) -- more than the combined amount paid by the other 19 English top-flight clubs in a relatively quiet window.

China's Market Surge: Should You Invest?

China's Market Surge: Should You Invest?

Rediff.com11 Oct 2024

Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'

Can't accept, but ...: Mamata on SC verdict on school jobs

Can't accept, but ...: Mamata on SC verdict on school jobs

Rediff.com4 Apr 2025

West Bengal Chief Minister Mamata Banerjee has defended her support for teachers who were dismissed following a Supreme Court verdict, accusing the BJP and CPI(M) of "hatching a conspiracy" to influence the ruling. She dared the BJP to arrest her for supporting the affected candidates, while asserting that her government will abide by the verdict but explore all legal options. The development has triggered political reactions with the BJP demanding Banerjee's resignation, while the CPI(M) expressed concern over the impact on the education system. Banerjee also criticized the BJP's handling of the Vyapam scam in Madhya Pradesh, drawing parallels to the school jobs scam in West Bengal.

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Rediff.com10 Mar 2025

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

CM Fadnavis promises to hike Ladki Bahin stipend to Rs 2,100

Rediff.com5 Dec 2024

Maharashtra Chief Minister Devendra Fadnavis on Thursday assured his government will continue the Ladki Bahin Yojana and fulfil Mahayuti's pre-poll promise of hiking the monthly stipend under the scheme to Rs 2,100 from Rs 1,500 now to eligible women.

Economic survey favours reform in subsidies

Economic survey favours reform in subsidies

Rediff.com2 Jul 2009

The Economic Survey on Thursday prescribed reforms in the subsidy regime in oil, food and fertiliser sectors and asked the government to review the possibility of direct cash transfer to the targeted people.

'Media Frenzy Has Ruined Justice Varma's Reputation'

'Media Frenzy Has Ruined Justice Varma's Reputation'

Rediff.com16 Apr 2025

'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'

It Won't Be An Easy Term For The BJP

It Won't Be An Easy Term For The BJP

Rediff.com8 Feb 2025

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.

'Time ripe for replacing collegium with NJAC or a better system'

'Time ripe for replacing collegium with NJAC or a better system'

Rediff.com6 Apr 2025

Former Union Law Minister Ashwani Kumar has argued for replacing the existing collegium system for judicial appointments, asserting that public sentiment leans toward an alternative mechanism, potentially resembling the National Judicial Appointments Commission (NJAC). He believes that the government has the authority to propose a revised constitutional amendment for judicial appointments that would withstand judicial scrutiny. Kumar also urged the Supreme Court to establish a robust internal process to address concerns within the judiciary, including allegations against judges.

 Western Union, SBI in tie-up

Western Union, SBI in tie-up

Rediff.com22 Jul 2010

Global payment services major, Western Union, has tied-up with State Bank of India to enable international direct cash-to-account transfers.

RBI releases draft rules on AePS to counter frauds on payments system

RBI releases draft rules on AePS to counter frauds on payments system

Rediff.com1 Aug 2024

The Reserve Bank of India (RBI) on Wednesday released draft guidelines for streamlining the onboarding and monitoring of Aadhaar Enabled Payment System (AePS) operators to counter frauds perpetuated through the ecosystem. Banks and the National Payments Corporation of India (NPCI) are required to comply with these directions within three months from the date of issue of the guidelines.

'Old Tax Scheme Will Naturally Go Away'

'Old Tax Scheme Will Naturally Go Away'

Rediff.com4 Feb 2025

'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.'

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

Rediff.com16 Sep 2013

IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.

The real moral failure in the food security Bill debate

The real moral failure in the food security Bill debate

Rediff.com8 May 2013

A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model.

'How Can I Save Tax If I Earn Less Than Rs 10L?'

'How Can I Save Tax If I Earn Less Than Rs 10L?'

Rediff.com28 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Cash-for-vote: Case against Telangana CM transferred to CID

Cash-for-vote: Case against Telangana CM transferred to CID

Rediff.com16 Jun 2015

Andhra Pradesh government transferred a criminal case lodged earlier against Telangana CM K Chandrasekhar Rao by one of the accused in the cash-for-vote scam

4 Months After Poor LS Score, How BJP Swept Vidarbha

4 Months After Poor LS Score, How BJP Swept Vidarbha

Rediff.com2 Dec 2024

'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'

PM launches Aadhar-enabled service delivery system

PM launches Aadhar-enabled service delivery system

Rediff.com20 Oct 2012

With UPA facing allegations of corruption, Prime Minister Manmohan Singh on Saturday said his government wants to use new technology to curb dishonesty and bring transparency in governance.

PM to launch Aadhaar based delivery system tomorrow

PM to launch Aadhaar based delivery system tomorrow

Rediff.com19 Oct 2012

The payment mechanism is aimed at checking corruption and pilferage in the social sector schemes that seek to promote financial inclusion.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

How technology can help diesel subsidy

How technology can help diesel subsidy

Rediff.com19 Dec 2012

If diesel subsidy can be confined to the running of public transport vehicles and agricultural pump sets, then it will stop benefiting private car owners and sundry other unintended recipients.

Core committees notified for implementation of DCT

Core committees notified for implementation of DCT

Rediff.com28 Nov 2012

In a move that shows the urgency and seriousness with which the UPA 2 is planning the execution of first phase of direct cash transfer scheme before the January 1, 2013, deadline it has set for itself, the Union government has notified formation of two core committees -- called Mission Mode Committees -- tasked with rollout of the scheme. Prasanna D Zore reports from New Delhi.

'PDS is broken, alternative methods needed'

'PDS is broken, alternative methods needed'

Rediff.com14 Sep 2012

Direct cash transfers or food coupons should be used to provide services to the poor, says Farzana Afridi.

Delhi, Mumbai LPG consumers to get cash subsidy from Jan 1

Delhi, Mumbai LPG consumers to get cash subsidy from Jan 1

Rediff.com1 Jan 2014

Domestic cooking gas consumers in Delhi and Mumbai will from Wednesday get cash subsidy for buying cooking gas refils as the Direct Benefit Transfer for LPG (DBTL) Scheme will be extended to 105 more districts.

What are the pitfalls for subsidy targeting

What are the pitfalls for subsidy targeting

Rediff.com21 Nov 2012

Cash transfer is targeted at the poor, but Aadhaar which will be at the core of the direct transfer process -- has no role in identifying the poor.

Job plan: Govt stops cash payment

Job plan: Govt stops cash payment

Rediff.com5 May 2008

"We will not make payment if the beneficiary does not have a bank account. We have opened 1.45 crore accounts so far. We will cover 3.37 crore beneficiaries very soon," Union Rural Development Minister Raghuvansh Prasad Singh told PTI on Monday. The minister, who was speaking after inaugurating the National Consultation on NREGA, said the move would help check any irregularity in implementation of the programme.

Food Security Act may float backup fund

Food Security Act may float backup fund

Rediff.com13 Dec 2010

"We have suggested a fund for drought or flood, and when our production is hit. The fund will be with the states which the Centre will provide. The implementing agency will be the respective state governments," said K V Thomas, minister of state for agriculture and food.

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.

LPG users get Rs 91 cr direct subsidy since June 1

LPG users get Rs 91 cr direct subsidy since June 1

Rediff.com16 Jul 2013

Describing DBT for LPG as a 'tremendous success,' Oil Minister M Veerappa Moily said the programme, when implemented throughout the country, would help save Rs 8,000-9,000 crore (Rs 80-90 billion) of subsidy from going to unintended beneficiaries.