The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
These consistent performers are expected to maintain momentum.
Demonetisation is the biggest reason for the rise in preference for small savings.
Tax wing scanning cash deposits between Rs 5-10 lakh
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
Governments make budgets to retain and consolidate their hold on power, not to please opponents or economists. They do so by trying to gratify as many as possible without causing harm to the others, says Shreekant Sambrani.
I-T heat on thousands of firms for unusual cash deposits.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
The area-based income compensation scheme says that farmers should be paid the difference between the actual price they get and the state-mandated MSP. The compensation will be determined on a per acre basis by using district-level estimates of marketable surplus and prices in the harvest season.
At a time when major economies have increased spending, India will have to do the same.
The total amount of the scheme, which came into effect on December 1, 2018, is to be paid in three equal instalments of Rs 2,000 every four months. The data showed about 2.51 crore farmers have not got even the second instalment and 5.16 crore of them were yet to get the third instalment.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Payments banks are niche banks which will be allowed to function with several restrictions.
The Prime Minister stressed on achieving financial inclusion.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
Around 700 migrant workers, women and children have lost their lives in this reverse migration. But what is happening today with the migrant labour is only a continuation of the policies pursued by the Modi regime during the last six years. It is not for nothing that India was ranked the most dangerous country in the world for women in 2018 by the Thompson Reuters Foundation poll, points out Rashme Sehgal.
The winter session of Lok Sabha was adjourned sine die on Tuesday after passing 18 legislations, including amendment bills on amend coal mines allocation and labour laws, in 22 sittings.
"In the last four years, the government has made serious efforts to provide proper houses to the poor living in shanties."
The saffron party's IT cell had realised the power of WhatsApp early in the day and wielded it to devastating effect in the Bengal elections.
Modi said the newly-sworn in government took four major decisions related to farmers' and traders welfare in the first meeting of the Union Cabinet.
Agriculture, social services, education, defence and so on will be brought into the digital fold and every gram panchayat will be connected to the internet.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
The men and women in Modi's revamped council of ministers have been carefully selected and a delicate balance between administrative experience and balance of power has been maintained.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
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The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
He congratulated the Uttar Pradesh government and industrialists for their commitment for development.
Those who always talk of 'samajwad' and 'bahujan' are extremely selfish, he said in an apparent reference to Bharatiya Janata Party's key rivals in Uttar Pradesh - the Bahujan Samaj Party and the Samajwadi Party.
The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Addressing a rally in Karkardooma in east Delhi, Modi alleged that the AAP and the Congress were provoking people and misinforming them. They were keeping the Constitution and tricolour in the forefront, but the aim was to 'divert attention from the real conspiracy', Modi said ahead of the Delhi elections on February 8.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Stressing that both the government and the opposition have 'important roles to play', the President said, "While giving expression to their political ideas both must move forward in tandem to ensure that development of the country and welfare of its people are promoted consistently."
'Everyone wants that doctors should fight from the frontlines of the pandemic, but there's no reaction from the government when they fall ill or even die because of it.'
It has conducted searches against four bureaucrats based in Uttar Pradesh and Uttarakhand over the last three days.
These things are cheaper than equivalent branded drugs, to patients, says Modi
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