Taxi driver Balwinder Singh was left stunned and speechless when he found out on November 4 that Rs 98,05,95,12,231 had been credited to his State Bank of Patiala account.
Prime Minister Narendra Modi was on Monday quoted as saying that Tuesday's expansion of his ministry will reflect "budget focus and priorities".
The finance ministry on Sunday highlighted its achievements during the past six months, including the Jan-Dhan Yojana, Varishtha Pension Bima Yojana, and actions taken to curb black money.
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 NPR data can be used for transparent and efficient delivery of social benefits by linking it with various beneficiary oriented government schemes, they said.
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.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
Finance Minister Arun Jaitley announced several reforms.
He also said that infrastructure development in the country in the last eight years has been done with a human touch.
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.
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.
On display were PM Modi's pet projects like the 'Make in India' scheme and 'Jan Dhan Yojana'.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
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.
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Denmark has been rated as the country with the best retirement system in the world.
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.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
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.
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.
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.
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.
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.
Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.
If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
More than 127 million new bank accounts have been opened.
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.
RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a "policy priority" for the central bank to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming out with the first financial inclusion index, which will assess progress in terms of access, usage and quality, Das said, while speaking at the Economic Times Financial Inclusion Summit. It is the responsibility of all stakeholders to ensure that the financial ecosystem (including the digital medium) is inclusive and capable of effectively addressing risks like mis-selling, cybersecurity, data privacy and promoting trust in the financial system through appropriate financial education and awareness, he added.
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 PM spoke about financial inclusion.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
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