'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Modi also pitched for a social movement to ensure the safety of women and girls.
Congress had attacked Narendra Modi during the Lok Sabha campaign on social media under the hashtag 'Feku'.
Once implemented, customers making payments using Rupay card or BHIM UPI will get a cashback of 20 per cent of the total GST amount, subject to a maximum of Rs 100.
India did not create the problem. But if it had a better functioning government system, it would have been able to deal with it at lower cost to its citizens, explains T N Ninan.
It also advocated adoption of technology platforms and innovative models.
Lens on rural transactions. Only 38% of branches of scheduled commercial banks (SCBs) are in rural areas
Vinay Sahasrabuddhe explains BJP's strategy.
Floats from 13 states, including Bihar, West Bengal, Odisha weren't present at parade
A minimum of 50 per cent tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in Parliament shortly.
The President noted that this is an opportune moment for the country to play a decisive role in the fourth industrial revolution.
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
'The government and the RBI have been playing a very good part in terms of inflation management.'
The finance minister termed rationalisation of subsidies as 'unsung reforms'.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
Modi govt says its economic score on all coutns is very good.
AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.
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.
Gandhi accused Prime Minister Narendra Modi of being 'casteist' and 'anti-Dalit', and said his party will always stand against the BJP's 'oppressive' ideology.
There's unintended hilarity and very little combat to justify the existence of a sequel, feels Sukanya Verma.
Even though he consults chief ministers at regular intervals, the ultimate decision is still his own. He will be blamed, nobody else, if, god forbid, there is a huge spurt in fatalities after the reopening, notes Virendra Kapoor.
'The Covid situation is like demonetisation.' 'People were upset with the government initially, but eventually they voted for the BJP again.'
The NDA government has asked states to enrol all MNREGA workers under the three newly-launched social security schemes.
The FM asserted that nearly Rs 11.85 lakh crore out of the Rs 15.44 lakh crore junked notes were back into the system
Can welfare schemes truly transform from being flagship to flag-bearers for a government that is looking to get a second term in 2019?
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.
As and when the pandemic recedes from these shores, rebuilding the economy will be the biggest challenge for Modi in the remaining three years of his term, observes Virendra Kapoor.
He urged Congress-run states to also help elevate the poor.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
179 million debit cards were issued during December 2016 to June 2018. A mere 2,000 ATMs were opened in the same period.
The bench also said that a seven-judge bench needed to be constituted for authoritatively deciding a batch of petitions challenging the Aadhaar scheme on grounds including that it infringes on the Right to Privacy of citizens.
In his four-page letter in Hindi, the PM said that better infrastructure and rule of law are imperative for social and economic prosperity and only the NDA can provide that in Bihar.
All-women bank to take wings across states.
The apex court had permitted only voluntary use of Aadhaar for welfare programmes including MGNREGA, all pension schemes, provident fund and Pradhan Mantri Jan Dhan Yojna.
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.
The venture is applying to the Reserve Bank of India for approvals.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'
Reminding the Bharatiya Janata Party government of its poll promise of bringing back black money, Congress general secretary Digvijay Singh on Thursday dared the Centre saying if it has courage it should reveal the name of account holders.
