The government on Monday ruled out the possibility of free food-grains distribution to migrants saying there is no panic situation and no complete national lockdown unlike last year.
As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,00,495.94 crore as on July 3.
It can be an useful tool in achieving the objective of Pradhan Mantri's Jan Dhan Yojana
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
Addressing a G20 Summit session, Modi also presented his '5-I' vision to maximise digital technology for social benefit.
Sitharaman also announced Rs 10,000 crore fund to support 2 lakh micro food enterprises for promoting health and wellness, herbal, organic and nutritional products.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
'Individual beneficiary desirous of availing the benefits under the scheme (PMUY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication,' said a gazette notification issued by the ministry of petroleum and natural gas.
With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.
Ruling alliance members heartily cheered Yadav with chants of 'Jai Shri Ram'.
Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.
Though the apex court opined that 'cost of the treatment should not be higher at the present time', it also said that court is not equipped to either regulate cost of treatment or say what should be the best model of treatment for patients infected with coronavirus.
Former RBI governors Urjit Patel and Raghuram Rajan have also expressed worry about the Mudra scheme, particularly government's target-setting practice and the rising bad loans.
The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
The districts are Gondia (Maharashtra), Raj Nand Gaon (Chhattisgarh), Davangiri (Karnataka), South Goa, Wayanad and Kottayam (Kerala), West Imphal (Manipur), Rajouri (J&K), Aizwal West (Mizoram), Mahe in Puducherry, SBS Nagar in Punjab, Patna, Nalanda and Munger in Bihar, Pratapgarh in Rajasthan, Panipat, Rohtak and Sirsa in Haryana, Pauri Garhwal in Uttrakhand and Bhadradari Kothagudem in Telangana.
Rediff.com's Dominic Xavier introduces you to the new look CCS, the most elite club in government.
A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.
It is mixed sentiments for some players in the real estate industry as IT sector in Bangalore trundles back on purchase mode but Hyderabad displays a cautious sentiment owing to the current political situation.
Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.
It has been argued that India should have held back on disengagement from the Kailash Range, using that as a trump card to force Chinese concessions in areas such as Depsang, where they hold the advantage.
What really transpired at Friday's press conference where the BJP declared NaMo as its Pradhan Mantri-to-be? Shubir Rishi and Rajorshi Sanyal give you the inside story. DISCLAIMER: Satire Ahead.
Mamata Banerjee accused Modi of trying to mislead the people with half-truth and distorted facts.
From being called 'paon paon wale bhaiya' (foot soldier) by villagers to being addressed as 'Mama' (maternal uncle) by children, Chouhan's long innings at the top was interrupted when the BJP fell short of seven seats from the majority mark in the 2018 polls.
Union minister and Bharatiya Janata Party candidate from Amethi Lok Sabha seat Smriti Irani on Thursday submitted to the Election Commission that she did not complete her graduation from Delhi University.
With the price of a cylinder touching Rs 800, it's becoming increasingly unaffordable to an already price-sensitive population, threatening to risk one of the most-celebrated campaigns of the Modi regime, reports Twesh Mishra.
The government is giving adequate publicity to the benefit to be extended to account holders, sources added.
Indian elections are won and lost on 'negative' imageries and campaigns - but not certainly on 'negativity' as a political trait and electoral creed, asserts N Sathiya Moorthy.
As India gears up to vaccinate people above 60 years of age and those over 45 years with comorbidities against COVID-19 from March 1, the Union health ministry on Friday said the facility of on-site registrations will be available so that eligible beneficiaries can walk into identified vaccination centres, get themselves registered and get inoculated.
Prime Minister Narendra Modi assumed office on Tuesday, a day after being sworn-in by President Pranab Mukherjee.
He advised banks to facilitate appropriate credit expansion.
8 crore migrant workers will get 5 kilogram of grains per person and 1 kilogram of 'chana' for two months.
also made a case for the need to create a self-sufficiency fund for innovation, construction and manufacturing clusters to make use of the emerging opportunities in the wake of disruption in global supply chain.
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor.
The vaccination rate needs to go up by three to four times, assert Ajay Shah and Amrita Agarwal.
What IS with these politicos and Hema Malini's cheeks, you ask? We try to decode the mystery.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
Desai, president of Bhumata Ranragini Brigade, has been batting for women's entry into the Sabarimala temple in Kerala.
The states will be asked to tap the Centre's JAM trinity.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
