SBI data shows the per-capita payouts for scheme have shot up this year.
An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.
The Madhya Pradesh government has decided to set up a 'gau cabinet' for the protection and promotion of cows in the state, Chief Minister Shivraj Singh Chouhan said on Wednesday.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
Villagers suggested that heavy rainfall over the preceding days may have contributed to the collapse, with a surge in Gandaki river potentially weakening the bridge's structure.
The report highlights that India's population in 2036 is expected to be more feminine compared to the 2011 population, as reflected in the sex ratio which is projected to increase from 943 in 2011 to 952 by 2036, highlighting a positive trend in gender equality.
The Bharatiya Janata Party, for whom the temple town sharpened its Hindutva plank, is facing a challenge particularly from the Samajwadi Party in the ongoing state polls.
The new rural development minister wants to use technology to force states to make payments. Critics suggest that he should fix existing problems first.
Days after JP Morgan announced the inclusion of government bonds in its emerging market (EM) bond index, a host of banks and other financial institutions (FIs) are set to tap the debt market. They plan to raise Rs 18,000 crore by issuing non-convertible debentures (NCDs) and bonds. National Bank for Agriculture and Rural Development (Nabard) plans to raise up to Rs 3,000 crore via five-year social impact bonds on Tuesday, the first of its kind in India.
Two Americans, Diana Jue and Jackie Stenson, are living their dreams in India's rural heartlands...
Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).
'The BJP is trying to change this mantra.'
All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy
Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
The University of Lucknow announces admissions to its two-year full-time management programmes for the session 2009-10 (through IIM CAT).
Authorities in Singrauli, Madhya Pradesh have initiated action against a village panchayat secretary, whose 'three wives' are contesting the upcoming panchayat polls from Singrauli district, an official said on Monday.
The Bharatiya Janata Party on Tuesday named its candidates for assembly bypolls in several states, fielding six disqualified MLAs of the Himachal Pradesh assembly in the state days after they joined the party after leaving the Congress.
As part of its rural initiative, ICICI Bank is developing a low cost ATM to cater to the villages in India.
Mann made the claim while addressing a gathering after laying foundation stones for setting up tehsil complexes at Dirba and Cheema in Sangrur.
The Zoram People's Movement (ZPM) stormed to power in Mizoram by dethroning the Mizo National Front (MNF) bagging 27 seats in the 40-member House on Monday.
The Supreme Court, by a majority view of 3:2, upheld the validity of the 103rd Constitution amendment providing 10 per cent reservation to people belonging to economically weaker sections (EWS) in admissions and government jobs.
Hundreds of rural women who gathered to collect forms for a newly announced government scheme in Jorhat district of Assam left their queues to greet Congress leader Rahul Gandhi, who was leading the 'Bharat Jodo Nyay Yatra' through the area on Thursday.
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
Gaurav Mehta, one of 100 'Young Global Leaders', is tapping entrepreneurs inside rural Indians.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
Since Kakuda is made for OTT, the film might find its audience of horror fans but it is not particularly scary, and not the least bit funny, observes Deepa Gahlot.
If doing business in India is a problem for even the richest, most educated scion of a business house, it is unlikely to be a breeze for the average rural Indian woman.
Market experts say that of the total 600,000 villages in India, under two per cent or around 10,000 villages contribute to about half of the rural consumption in the country. Targeting these villages and ensuring that penetration is strong is key for most consumer goods companies.
FM earmarks Rs 7,060 crore for the project.
Samajwadi Party candidate Afzal Ansari is the incumbent MP and slain don Mukhtar Ansari's elder brother. Afzal had won the 2019 election on a BSP ticket after defeating the BJP's Manoj Sinha, now the J&K lieutenant governor.
Excise duty hike for cigarettes could be lower.
India Inc was urged Wednesday to invest in rural India, which according to a McKinsey survey, will provide a market worth $500-600 billion by 2020.
Sacked Rajasthan minister Rajendra Gudha on Wednesday made public three pages of the purported "red diary" which he has claimed contains the details of financial misdeeds of the Congress government and cited their contents to allege corruption in Rajasthan Cricket Association election.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
The rural co-operative credit sector in the country is set to get a boost with $1 billion loan from the Asian Development Bank to the centre.
Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1. Experts said one way to boost consumption is to put more money in the hands of people, and one of the possible ways of doing it is by reducing the tax burden through tinkering with tax slabs or increasing the standard deduction. Another proposal is related to increasing the funds under the rural employment guarantee scheme MGNREGA and higher payout for farmers.
'The government should come back as a job creator as it did in the 1960s and the 1970s.'
Companies will be offered incentives for employing more women.
