'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
To kick-start the work under MGNREGA after the lockdown is lifted, the government has already prepared plans and states have also submitted their work plans.
A look at the key decisions taken by the Narendra Modi government in its six months.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
Union Human Resource Development Minister Smriti Irani on Friday described Prime Minister Narendra Modi as a "great economist", who she said has given a positive direction to the nation's economy.
The NPR data can be used for transparent and efficient delivery of social benefits by linking it with various beneficiary oriented government schemes, they said.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
Finance Minister Arun Jaitley announced several reforms.
RJD chief Lalu Prasad took out a march on the main roads in Bihar capital on Sunday to protest against the Modi government's failure to bring black money.
He urged Congress-run states to also help elevate the poor.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
On display were PM Modi's pet projects like the 'Make in India' scheme and 'Jan Dhan Yojana'.
India must remain an integral part of the global economy if it has to grow at 9-10 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday. Speaking at the 15th India Digital Summit, Kant said India needs to become a major global exporting nation, without that it will not be possible to become richer and create wealth for its people over the next three decades.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
He also said that infrastructure development in the country in the last eight years has been done with a human touch.
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Denmark has been rated as the country with the best retirement system in the world.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.
Each member will separately sign the agreement & it will become effective only after the last member signs the pact.
The venture is applying to the Reserve Bank of India for approvals.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
Social integration with inclusion is is most necessary.
Modi had campaigned with promises of jobs, infrastructure and development.
Last year, FDI cap in insurance was hiked to 49%
According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, India, Pakistan and Bangladesh.
If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.
The finance minister's meeting with chief executives and managing directors of banks ahead of the Union Budget assumes significance in view of the critical role the banking sector plays in boosting consumer demand across sectors.
All eyes will be on what the prime minister says as his August 15 addresses have often been marked by big announcements, his government's achievements and bringing to people's attention what he believes to be the major challenges facing the country.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
More than 127 million new bank accounts have been opened.
Introducing the 128th Constitution Amendment Bill, which was approved by a two-thirds majority in the Lok Sabha on Wednesday, Meghwal recounted the measures initiated by the Narendra Modi government for the empowerment of women over the last nine years.
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.
The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.
The president said women safety is a very serious issue and a lot of work has been done on this but much remains to be done.
The President noted that this is an opportune moment for the country to play a decisive role in the fourth industrial revolution.
The PM spoke about financial inclusion.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
