News for 'Jan-Dhan'

India has the worst retirement system in the world

India has the worst retirement system in the world

Rediff.com20 Oct 2015

Denmark has been rated as the country with the best retirement system in the world.

EPFO eyes online PF withdrawal facility by March end

EPFO eyes online PF withdrawal facility by March end

Rediff.com16 Oct 2015

EPFO has verified or attested 64.67 lakh Aadhaar numbers.

Modi's 3 big initiatives were actually started by UPA!

Modi's 3 big initiatives were actually started by UPA!

Rediff.com27 Jan 2015

Three recent initiatives kicked off with renewed vigour to improve governance were actually started, perhaps in a different format by the UPA government.

Development only way to empower the poor, says Modi

Development only way to empower the poor, says Modi

Rediff.com27 May 2016

The PM spoke about financial inclusion.

Bank accounts? Only 48% of Indians have access

Bank accounts? Only 48% of Indians have access

Rediff.com2 Dec 2014

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.

Six areas of reforms to expect from Modi's banking retreat

Six areas of reforms to expect from Modi's banking retreat

Rediff.com2 Jan 2015

The meeting will be attended by all heads and EDs of public sector banks

Payment problems plague 1 million plantation workers

Payment problems plague 1 million plantation workers

Rediff.com24 Nov 2016

The Assam government has taken the initiative to pay workers their wages electronically and has asked banks to open branches adjacent to tea gardens and install ATMs in estates.

Financial inequality highest in India, China: IMF

Financial inequality highest in India, China: IMF

Rediff.com4 May 2016

Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.

The challenges of branchless banking

The challenges of branchless banking

Rediff.com5 Dec 2016

Some believe the shift to mobile-based transactions will be seamless considering that the urban tele-density is 148%. In rural areas, it is touching 51%. But smartphone penetration in India is a mere 12%. Growth of mobile money has been extremely slow: It is currently 1%.

PMO to review cash transfer for gas subsidy

PMO to review cash transfer for gas subsidy

Rediff.com22 Oct 2014

Govt expects to save Rs 10,000 crore through this move.

'Should I not go after the corrupt?' Modi defends demonetisation

'Should I not go after the corrupt?' Modi defends demonetisation

Rediff.com3 Dec 2016

Taking a dig at those who have been attacking him over demonetisation, he said, "Some people have lost glow on their faces... earlier they used to chant money-money, now they are chanting Modi-Modi."

Modi promises bonanza to traders if re-elected

Modi promises bonanza to traders if re-elected

Rediff.com19 Apr 2019

If re-elected, his government will set up a National Traders' Welfare Board, bring trader credit cards and a pension scheme for small shopkeepers besides making a provision to provide loans of up to Rs 50 lakh without collateral.

Govt confirms, Aadhaar deadline will be extended

Govt confirms, Aadhaar deadline will be extended

Rediff.com30 Aug 2017

Several petitions have been filed in the apex court challenging the government's move making Aadhaar mandatory for availing benefits of various social welfare schemes.

You're like Diwali lamps spreading light: Modi to Indians in Japan

You're like Diwali lamps spreading light: Modi to Indians in Japan

Rediff.com29 Oct 2018

The PM said Japan and the Indian diaspora has a big role to play in India's growth story.

PM chides BJP MPs for not attending Parliament

PM chides BJP MPs for not attending Parliament

Rediff.com21 Mar 2017

He told them wryly that he can do a lot of things but cannot be present in the Houses on their behalf.

Bankers are COVID Warriors too!

Bankers are COVID Warriors too!

Rediff.com11 Jun 2020

'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.

Will India choose Rupay over Visa, Mastercard?

Will India choose Rupay over Visa, Mastercard?

Rediff.com14 Jul 2017

RuPay has 42% of total debit cards, but contributes only 16% of PoS, e-commerce transactions. With banks scheduled to renew deals with Visa, Mastercard, here's how RuPay plans to increase its reach to premium customers.

Budget 2019: Social services sector gets major boost

Budget 2019: Social services sector gets major boost

Rediff.com5 Jul 2019

The Centre's programmes of maternity benefit and Child Protection Services also got a major boost in the Budget.

Arvind Subramanian in race to be next chief economist of World Bank

Arvind Subramanian in race to be next chief economist of World Bank

Rediff.com14 Mar 2018

Arvind Subramanian was appointed CEA in October 2014 and got a year's extension in September 2017

'Growth projections have to be taken with a pinch of salt'

'Growth projections have to be taken with a pinch of salt'

Rediff.com2 Dec 2020

'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'

Budget proposes schemes to widen social security net

Budget proposes schemes to widen social security net

Rediff.com28 Feb 2015

Finance Minister Arun Jaitley announced several reforms.

India must grow at 8 or 9%. 7.75% ain't enough

India must grow at 8 or 9%. 7.75% ain't enough

Rediff.com23 Aug 2018

'A sustainable growth rate of 8 per cent is evidently some distance away,' says T N Ninan.

Caution: Road blocks ahead for Modi Sarkar

Caution: Road blocks ahead for Modi Sarkar

Rediff.com17 Nov 2015

After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.

No 'one size fits all' solution for social development: India

No 'one size fits all' solution for social development: India

Rediff.com8 Oct 2015

Social integration with inclusion is is most necessary.

Naxals in Jharkhand force elderly to convert black money

Naxals in Jharkhand force elderly to convert black money

Rediff.com16 Nov 2016

Security forces say Naxals have amassed nearly Rs 1,500 crore through extortion, kidnapping, looting and the narcotics trade.

Modi invites Apple CEO to set up manufacturing base in India

Modi invites Apple CEO to set up manufacturing base in India

Rediff.com27 Sep 2015

Foxconn, which is Apple's largest manufactures, has decided to set up a manufacturing base in India

Who will be the next Chief Economic Advisor?

Who will be the next Chief Economic Advisor?

Rediff.com26 Jul 2018

Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.

Trouble for reforms: Sena sides with Opposition on Insurance Bill

Trouble for reforms: Sena sides with Opposition on Insurance Bill

Rediff.com24 Nov 2014

Government's reforms agenda in Parliament is in for trouble with its biggest ally Shiv Sena on Monday joining some Opposition parties in declaring resistance to a bill on raising FDI cap in insurance sector from 26 per cent 49 per cent.

Registrations begin for Modi's Silicon Valley event

Registrations begin for Modi's Silicon Valley event

Rediff.com10 Aug 2015

On Sunday, August 9, over 400 California-based community leaders from various organisations and inter-faith groups gathered under the Indo-American Community of West Coast USA banner, some of whom were the first to sign up for the event.

'Can government play with people's money?'

'Can government play with people's money?'

Rediff.com2 Apr 2020

'...Rs 137 lakh crores of people's money?' 'It is not the government's money, it is people's money.'

'When people are about to die of hunger, you have to step in big time'

'When people are about to die of hunger, you have to step in big time'

Rediff.com1 Apr 2020

'Most of the measures the finance minister announced will take effect after the lockdown.' 'By that time, millions of people will be starving.'

CEA Arvind Subramanian to leave FinMin, return to US

CEA Arvind Subramanian to leave FinMin, return to US

Rediff.com20 Jun 2018

Subramanian was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development in the US before joining the ministry.

'The Opposition is bankrupt'

'The Opposition is bankrupt'

Rediff.com11 Mar 2017

'When the campaign started the Congress said it had been miserable for the last 27 years for UP and that people should get rid of those who made it miserable, and that they should bring back the glorious years of the Congress.' 'Then they joined hands with those who ruled for the last 26 years. Some called it a shrewd strategy, but to the people this was not shrewdness.' 'Where is the credibility in your actions when you change direction of the campaign?'

India is a difficult country to govern in many ways: Deepak Parekh

India is a difficult country to govern in many ways: Deepak Parekh

Rediff.com25 Jun 2015

Legislative process in the country is unduly long and tedious

Post DeMo, cash is back with a bang!

Post DeMo, cash is back with a bang!

Rediff.com14 Nov 2018

The currency with the public is 10.3 per cent higher than it was in the week preceding November 8, 2016 - from Rs17.97 trillion to Rs18.76 trillion.

Make financial inclusion a national priority, Modi tells banks

Make financial inclusion a national priority, Modi tells banks

Rediff.com26 Aug 2014

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.

PM slams 'stalwarts' who spoke against digital push

PM slams 'stalwarts' who spoke against digital push

Rediff.com29 Oct 2017

He said digitisation was aimed at bringing in accountability and added that more cash would bring with it social evils.

I-T begins action under Benami Act; attaches 42 assets worth crores

I-T begins action under Benami Act; attaches 42 assets worth crores

Rediff.com30 Jan 2017

The I-T dept has issued 87 notices under section 24 of the said Act

Four years of Modi govt: Hyper-active yes, but...

Four years of Modi govt: Hyper-active yes, but...

Rediff.com26 May 2018

'Nationalism built on divisiveness cannot strengthen the country, or help the economy improve its performance,' points out T N Ninan.

Tax payers can now e-verify ITRs using bank, demat a/c details

Tax payers can now e-verify ITRs using bank, demat a/c details

Rediff.com22 Jan 2016

The e-filing website of the I-T department would now provide a facility to pre-validate bank account details.