News for 'Public Distribution Scheme'

Will discontinue unconstitutional religion-based quota, Karnataka tells SC

Will discontinue unconstitutional religion-based quota, Karnataka tells SC

Rediff.com26 Apr 2023

In its reply, the state government said reservation solely on the basis of religion is also contrary to the principles of social justice and the concept of social justice aims to protect those who are deprived and discriminated against within the society.

'No magic bullet to agriculture reforms'

'No magic bullet to agriculture reforms'

Rediff.com9 Feb 2021

'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Rediff.com25 May 2023

Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.

UP polls: SP picks winnable candidates, ally RLD relies on clean record

UP polls: SP picks winnable candidates, ally RLD relies on clean record

Rediff.com14 Jan 2022

The Rashtriya Lok Dal has chosen educated candidates hailing from the constituency and with no criminal background, while partner the Samajwadi Party picked them on their 'winnability' factor as the alliance announced the first list of nominees for the Uttar Pradesh assembly polls.

Rural spending has skyrocketed but defence hit badly

Rural spending has skyrocketed but defence hit badly

Rediff.com10 Jul 2020

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

Digital India programme to offer passport, pension online

Digital India programme to offer passport, pension online

Rediff.com11 May 2016

Telecom and IT Minister Ravi Shankar Prasad said one of the primary focus areas of Digital India is Pillar 5: eKranti - electronic delivery of services.

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.

ED alleges Rs 2,000-cr liquor scam in Chhattisgarh, names IAS officer as kingpin

ED alleges Rs 2,000-cr liquor scam in Chhattisgarh, names IAS officer as kingpin

Rediff.com7 May 2023

The ED said its investigation also revealed that from 2019 to 2022, the sale of 'unaccounted illicit' liquor was almost 30-40 per cent of the total liquor sale in the state.

Record wheat output expected, arranging storage for harvest a worry

Record wheat output expected, arranging storage for harvest a worry

Rediff.com19 Feb 2020

India is expected to harvest 291.95 mt of foodgrain in 2019-20

Success of food law hinges on raising output: Minister

Success of food law hinges on raising output: Minister

Rediff.com1 Oct 2013

Since the food subsidy is almost Rs 1,000 per person per year, there is a need for complete re-engineering of the existing public distribution system so as to ensure each and every grain reaches the right beneficiary, he said.

100 ASI sites to be lit up as India takes over as G20 president

100 ASI sites to be lit up as India takes over as G20 president

Rediff.com30 Nov 2022

Hundred centrally-protected monuments, including UNESCO world heritage sites spread across the country, will be lit up for a week and bear the G20 logo starting December 1 when India will assume the Presidency of influential group, officials said on Wednesday.

State govts start selling tur dal at Rs 120-145/kg

State govts start selling tur dal at Rs 120-145/kg

Rediff.com26 Oct 2015

The Centre had asked the state governments to meet the millers.

Why Short-Sellers Like Hindenburg Matter

Why Short-Sellers Like Hindenburg Matter

Rediff.com8 Feb 2023

Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.

BJP's strategy for 2019 will target women voters

BJP's strategy for 2019 will target women voters

Rediff.com28 Mar 2017

The BJP's win in the Uttar Pradesh assembly polls has emboldened the top leadership to pursue a pro-woman agenda.

All political parties are in favour of freebies: SC

All political parties are in favour of freebies: SC

Rediff.com23 Aug 2022

The bench said it has to balance the equity and it was not against any policy of the government or the scheme.

Delhi excise case: ED arrests AAP leader, Hyderabad businessman

Delhi excise case: ED arrests AAP leader, Hyderabad businessman

Rediff.com14 Nov 2022

The Enforcement Directorate (ED) has arrested Aam Aadmi Party communication in-charge Vijay Nair and businessman Abhishek Boinpally in connection with its ongoing money laundering probe into the Delhi Excise policy that was scraped following corruption allegations, official sources said Monday.

This is a merger of equals: HDFC chief Deepak Parekh

This is a merger of equals: HDFC chief Deepak Parekh

Rediff.com4 Apr 2022

The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a regulatory filing. The scheme of amalgamation will be subject to various regulatory approvals, including from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), HDFC Bank said in the filing on Monday.

In Sebi's Fire: Vivek & Roopa Kudva

In Sebi's Fire: Vivek & Roopa Kudva

Rediff.com23 Jun 2021

After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.

'It was Maulana Azad who set up IITs with full support of Nehru'

'It was Maulana Azad who set up IITs with full support of Nehru'

Rediff.com18 Apr 2023

'It was Maulana Azad's foresight which created the IITs, UGC, science academies across the country.'

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Did Raman Singh take Rahul Gandhi too lightly?

Did Raman Singh take Rahul Gandhi too lightly?

Rediff.com11 Dec 2018

The results, while bringing the Congress back to power in this state, also end the rule of the 66-year-old BJP stalwart, who has earned several monikers during his 15-year-long tenure -- Doctor saheb being a trained Ayurvedic medical practitioner, chaur wale baba for his popular rice scheme and the 'Mobile Wale Baba' for giving free smartphones to 50 lakh women and students.

With Rents Surging, Opt For Longer Lease

With Rents Surging, Opt For Longer Lease

Rediff.com5 May 2023

'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'

Own a car? No subsidised LPG for you

Own a car? No subsidised LPG for you

Rediff.com6 Dec 2017

The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy

'BJP is insecure about the youth vote'

'BJP is insecure about the youth vote'

Rediff.com30 Mar 2022

'They have to be seen as being responsive to the employment woes and economic stagnation afflicting many young people.'

It's Raining Billions For Gujarat!

It's Raining Billions For Gujarat!

Rediff.com3 Nov 2022

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

CII pitches for Rs 3 lakh cr fiscal stimulus to push growth

CII pitches for Rs 3 lakh cr fiscal stimulus to push growth

Rediff.com17 Jun 2021

The Indian economy requires a Rs 3 lakh crore fiscal stimulus, including cash transfer to households through Jan Dhan accounts to spur economic growth amid the pandemic, industry chamber CII said on Thursday and pitched for appointment of a 'Vaccine Czar' for speedy vaccination coverage. CII president T V Narendran also said the chamber expects GDP to grow at 9.5 per cent in 2021-22 as the strong growth in the second half of the fiscal year will be supported by robust external demand and large-scale coverage of vaccination, allowing resumption of economic activity. He also advocated for appointment of a "Vaccine Czar" for speedy vaccination coverage.

Cash for votes makes a return in TN's Erode bypoll

Cash for votes makes a return in TN's Erode bypoll

Rediff.com24 Feb 2023

It is a sea of men clad in veshtis with distinctive party colour border design seeking votes with a smile and folded hands for their party candidates. The town is abuzz, with electioneering at its peak, and teeming trendy cars criss-cross the busy roads and bylanes bringing in more and more leaders from elsewhere for campaign.

Govt saved Rs 10,000 crore in interest costs in FY22

Govt saved Rs 10,000 crore in interest costs in FY22

Rediff.com9 Jun 2022

Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.

Franklin Templeton AMC's senior officials, trustee fined

Franklin Templeton AMC's senior officials, trustee fined

Rediff.com14 Jun 2021

Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Rediff.com2 Feb 2021

Finance Minister Nirmala Sitharaman presented her third Budget on February 1.

Panagariya on the three BIG problems that NYAY will face

Panagariya on the three BIG problems that NYAY will face

Rediff.com28 Mar 2019

It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.

How will India's poor cope with this crisis?

How will India's poor cope with this crisis?

Rediff.com8 Apr 2020

'Unless the State is a welfare State, unless the State has more welfare measures, it will not be able to deal with these kind of sudden situations.'

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Rediff.com29 Apr 2021

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.

SP built Haj House, we constructed Kailash Mansarovar Bhawan: Yogi

SP built Haj House, we constructed Kailash Mansarovar Bhawan: Yogi

Rediff.com24 Jan 2022

"Earlier Haj House was made in Ghaziabad. Our government constructed Kailash Mansarovar Bhawan. Earlier the mafia used to harass traders, but now no mafia can dare to grab property of any trader, doctor or a poor person...," he said.

'Monetisation of assets has come 75 years too late'

'Monetisation of assets has come 75 years too late'

Rediff.com28 Aug 2021

'When the government wants to sell these assets, even if one set of assets gets caught in any quagmire, the whole process will fail.' 'The entire world is watching us.'

No govt job, subsidy if more than 2 kids: UP population draft bill

No govt job, subsidy if more than 2 kids: UP population draft bill

Rediff.com10 Jul 2021

Suggestions have been invited from the public to improve the draft bill and July 19 is the last date for it.

This Budget Is A Statement Of Confidence

This Budget Is A Statement Of Confidence

Rediff.com2 Feb 2023

'Indian families' needs and expectations have gone through a revolution across economic demographics.' 'As this latest Modi-Sitharaman Budget demonstrated, politicians have understood this change. They are responding to it,' points out Shekhar Gupta.

Modi must worry about India's malnutrition crisis

Modi must worry about India's malnutrition crisis

Rediff.com24 Jan 2020

'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'

Cops prevented people from voting in Mainpuri, Rampur: Akhilesh

Cops prevented people from voting in Mainpuri, Rampur: Akhilesh

Rediff.com5 Dec 2022

Samajwadi Party President Akhilesh Yadav on Monday alleged that the police and administration are preventing people from casting votes in Mainpuri parliamentary and Rampur Assembly constituency in the bypolls in Uttar Pradesh.