Centre, states to share the amount in 60:40 ratio to link unconnected rural habitations and upgrade existing roads till 2020
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
The manifesto promises better drinking water facilities, better street lights, free community toilets, provision of pink toilets for women, grant of Rs 20,000 for construction of personal toilets, provision of adarsh nagar panchayat, e-tendering and provision of kanji house for stray animals.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
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.
Such a move will help bring clarity to the Centre's estimates of the demonetised amount
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.
Modi claimed the Janata Dal-Secular-Congress coalition government which came to power in Karnataka recently had waived only 800 farm loans.
Opposition's relentless demand for a debate on demonetisation under a rule which entails voting on Thursday forced the adjournment of the Lok Sabha
The Supreme Court on Thursday assured the Centre and bodies like SEBI and RBI that it will take a decision by Friday evening on their plea seeking setting up a larger bench for modifying an earlier order restricting the voluntary use of Aadhaar card to PDS and LPG schemes only.
The SC said it is not asking all the private hospitals to treat certain number of COVID-19 patients for free.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
Prime Minister Narendra Modi, in his maiden Independence Day address, had made several promises to the nation.
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.
Naidu was an Akhil Bharatiya Vidyarthi Parishad activist during the Emergency and was arrested and jailed.
It's such a well-kept secret that even well-heeled financial planners aren't aware of it, says Harsh Roongta.
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.
That apart, farmers will get loans for post-harvest storage of their produce at a subsidised interest rate of 7 per cent for six months.
India should emerge as the 'human resource capital' of the world as China has become a global 'manufacturing factory'.
The dichotomy between richer and poorer states is largely in consonance with the diversity in state level disease burden in the country.
The Pradhan Mantri MUDRA Yojana can lend between Rs 50,000-Rs 10 lakh to small entrepreneurs.
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.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
Vardhan said the ICMR is actively researching on reports of COVID-19 reinfection and although the number of such cases is negligible at this moment, the government is fully seized of the importance of the matter, the health ministry said in a statement.
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
This amount is just about 10% of the previous IDS
As a percentage of the aggregate Budget expenditure, it is 12 per cent.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
Around 10 crore bank accounts opened under the Jan Dhan scheme.
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
The Union Budget 2016-17 has cheered the NBFC sector
Expect fun and games on the floor of the two Houses.
The Shiv Sena chief said an atmosphere is being created in the country that the National Register of Citizens (NRC) is 'dangerous' for Muslims, but added that the exercise will not be carried out in Maharashtra.
The government has made its flagship crop insurance schemes voluntary for farmers with existing crop loans or those willing to take new ones, as it seeks to address the concerns raised by farmers' body and states in implementation of these programmes. "The Union Cabinet has approved the revamping of 'Pradhan Mantri Fasal Bima Yojana (PMFBY)' and 'Restructured Weather Based Crop Insurance Scheme (RWBCIS)' to address the existing challenges in implementation of crop insurance schemes," an official statement said.
MNREGS labourers are usually engaged in irrigation projects.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
If you are making any drastic changes, make sure there is adequate documentation
He also assuaged the honest people that the government will act as a friend to them so that their difficulties are eased.
The Income Tax department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.
Winning an election may be a breeze for the BJP but the aftermath of victory isn't always painless.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances