News for 'State for Micro'

RBI Norms Don't Tackle Illegal Apps Menace

RBI Norms Don't Tackle Illegal Apps Menace

Rediff.com11 Oct 2022

Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.

Selfie is a must, dead or alive!

Selfie is a must, dead or alive!

Rediff.com2 Sep 2022

Wherever you go, whether it's Malad or the Maldives, people. want. to. take. pictures. Of themselves. Relentlessly, repeatedly, recklessly.

Kerala CM says extreme poverty to be eradicated in 5 years

Kerala CM says extreme poverty to be eradicated in 5 years

Rediff.com28 Jul 2021

"A first step in this direction is the new project launched by Kerala to eradicate extreme poverty. A survey, that is being conducted as part of it, will be completed within four months," the CM said.

Budget: Worst-hit sectors may get credit guarantee breather

Budget: Worst-hit sectors may get credit guarantee breather

Rediff.com14 Jan 2022

According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

Rediff.com22 Oct 2022

In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.

BJP Punjab manifesto: 75% quota for locals in govt jobs

BJP Punjab manifesto: 75% quota for locals in govt jobs

Rediff.com12 Feb 2022

The BJP-led National Democratic Alliance released its manifesto for the February 20 Punjab polls on Saturday, promising a slew of sops for various sections, including 75 per cent reservation in all government jobs for youngsters from the state, an unemployment allowance, 35 per cent reservation for women in government jobs and massive infrastructure development.

Overnight spell of rain brings Bengaluru to its knees

Overnight spell of rain brings Bengaluru to its knees

Rediff.com5 Sep 2022

This is the second time in a week that the Karnataka state capital is witnessing such severe waterlogging.

For farmers, MSP is like a salary

For farmers, MSP is like a salary

Rediff.com2 Jan 2021

The dilemma is that if farming is to be efficient, farmers will be worse off -- and if farmers are to be better off farming will be worse off, reveals T C A Srinivasa-Raghavan.

How BJP Won UP

How BJP Won UP

Rediff.com12 Mar 2022

The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.

Tejashwi shoots down rumours of Nitish switching sides

Tejashwi shoots down rumours of Nitish switching sides

Rediff.com25 Apr 2022

Yadav also called for firming up of an Opposition alliance to take on the BJP in the 2024 general elections, suggesting that the Congress must focus on over 200 seats on which it is in direct fight with the saffron party, while taking a 'backseat' in states where regional parties are a formidable force.

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.

The Mudra Mela Muddle

The Mudra Mela Muddle

Rediff.com13 Sep 2021

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.

New Year hate crime in NY: Indian-origin Sikh taxi driver assaulted

New Year hate crime in NY: Indian-origin Sikh taxi driver assaulted

Rediff.com8 Jan 2022

In yet another case of suspected hate crime, an Indian-origin Sikh taxi driver in the US has been assaulted by an unidentified man, who knocked off his turban and also used expletives against him outside the JFK International Airport in New York, according to a video on social media.

State of economy spooks BJP allies, but no one's listening

State of economy spooks BJP allies, but no one's listening

Rediff.com17 Oct 2017

Its governing allies are not happy on the economy and complain of ignored concerns but find themselves unable to be assertive.

Delhi's air quality hits 'very poor' level, 1st time this season

Delhi's air quality hits 'very poor' level, 1st time this season

Rediff.com13 Oct 2020

The dip in the air quality can be attributed to low wind speed and temperatures which allowed accumulation of pollutants.

Maha saw 6.5 lakh Covid cases in March against 7.3 lakh from Oct to Feb

Maha saw 6.5 lakh Covid cases in March against 7.3 lakh from Oct to Feb

Rediff.com1 Apr 2021

Many people are not maintaining social distance and do not wear masks, exposing themselves to the infection, experts say.

BJP Has 650,000 Digital Poll Warriors

BJP Has 650,000 Digital Poll Warriors

Rediff.com19 Jan 2022

The BJP IT cell has held meetings right down to booth levels and these volunteers have been working for the past six months already.

'Engage more' with EC ahead of LS poll: Govt to Twitter

'Engage more' with EC ahead of LS poll: Govt to Twitter

Rediff.com25 Feb 2019

The Twitter officials were told that there should not be any "international interference" in the Lok Sabha polls.

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Rediff.com28 Aug 2020

"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Rediff.com26 Aug 2021

The ministry of civil aviation has eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and the decreasing the types of fees charged from the operator from 72 to 4.

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Rediff.com18 Nov 2020

Pages for the Bharatiya Janata Party's Bihar arm (BJP Bihar), Janata Dal-United, and Chirag Paswan (of the Lok Janshakti Party) saw between Rs 15 lakh and Rs 30 lakh in ad spends.

Expect Another Rate Hike In December

Expect Another Rate Hike In December

Rediff.com14 Oct 2022

Probably 35 bps. There could be even an encore in February 2023 to take the policy rate to 6.5% before the financial year ends, predicts Tamal Bandyopadhyay.

Kumar Birla: Budget invests boldly in India's future

Kumar Birla: Budget invests boldly in India's future

Rediff.com10 Feb 2022

As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.

New tobacco law may hurt livelihood of millions of women

New tobacco law may hurt livelihood of millions of women

Rediff.com13 Dec 2021

The proposed amendment to the Cigarettes and Other Tobacco Products Act puts the livelihooNewd of millions of women in jeopardy, according to a study. The new insertion (Section 10A(3)) makes it mandatory for persons to obtain licences, permissions and registrations for manufacturing, selling and distributing any tobacco product, it said. "This insertion if implemented will be an extremely harsh measure for small vendors who do not have the competency or financial means to obtain such licence," said the study by human rights lawyer Vibha Vasuki and senior professor of anthropology Siva Prasad Rambhatla.

Oppn fumes as VP, ministers skip Nehru anniversary

Oppn fumes as VP, ministers skip Nehru anniversary

Rediff.com14 Nov 2021

The Opposition hit out at the government over the absence of Rajya Sabha Chairman, Lok Sabha Speaker and ministers from the traditional event marking the birth anniversary of those whose portraits adorn Parliament's Central Hall.

BJP Move in Delhi: Will AAP Profit?

BJP Move in Delhi: Will AAP Profit?

Rediff.com9 Apr 2022

If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.

PM 'concerned' over maskless crowds at hill stations, markets

PM 'concerned' over maskless crowds at hill stations, markets

Rediff.com14 Jul 2021

He asked the people to shun the argument that they 'want to enjoy before the third wave of coronavirus' and stressed that there should be no compromise in following COVID-19 protocols.

Modi Cabinet reshuffle: Who got what

Modi Cabinet reshuffle: Who got what

Rediff.com8 Jul 2021

Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.

Delhi HC pulls up Twitter over obnoxious posts on Hindu goddess

Delhi HC pulls up Twitter over obnoxious posts on Hindu goddess

Rediff.com28 Mar 2022

A bench headed by acting Chief Justice Vipin Sanghi, which was hearing a petition against the allegedly obnoxious posts on Maa Kali by user 'AtheistRepublic', directed Twitter to explain how it undertakes the blocking of accounts.

FinMin asks PSBs, insurers to postpone staff promotions

FinMin asks PSBs, insurers to postpone staff promotions

Rediff.com4 May 2021

The finance ministry has asked public sector banks (PSBs) to postpone the annual exercise of promoting and transferring their staff in the wake of the Covid-19 pandemic. The advisory issued by the Department of Financial Services (DFS) states that the promotion process has coincided with a spike in Covid-19 cases across the country along with localised lockdowns and an increase in micro-containment zones. As there are cases of bank employees or their family members being hospitalised due to Covid-19, bank, insurance companies and financial institutions must take cognizance of the issue, the advisory issued by DFS said.

'Polyester Flags Go Against The Ethos Of Freedom Movement'

'Polyester Flags Go Against The Ethos Of Freedom Movement'

Rediff.com26 Jul 2022

'If you want to change everything all of a sudden to polyester, then the production of khadi flags will come under trouble.'

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rediff.com6 Mar 2019

Did you know that women can avail for a loan of upto Rs 20 crores to set up a manufacturing business?

Delhi allows home delivery of liquor for orders placed on app, website

Delhi allows home delivery of liquor for orders placed on app, website

Rediff.com1 Jun 2021

The move will boost the government's revenue at a time when Delhi's economy is struggling in view of the Covid-induced lockdown that has been in place since April 19.

Mamata extends lockdown in Bengal till April 30

Mamata extends lockdown in Bengal till April 30

Rediff.com11 Apr 2020

All schools and colleges in West Bengal will remain closed till June 10, she added. The Trinamool Congress supremo said she raised the issue of a financial package for the state and clearing its dues.

FM readies roadmap to boost infrastructure spending

FM readies roadmap to boost infrastructure spending

Rediff.com11 Jun 2021

Finance Nirmala Sitharaman on Friday asked various ministries to try to spend more than their capital expenditure targets as well as explore public private partnerships for viable projects. During a meeting with senior government officials to discuss the infrastructure roadmap, she also urged the ministries and their CPSEs to ensure clearance of Micro, Small and Medium Enterprises (MSME) dues at the earliest. This was the fifth review meeting by the finance minister with ministries and departments on the infrastructure roadmap.

Five years of GST: Recovery of input tax credit still a struggle

Five years of GST: Recovery of input tax credit still a struggle

Rediff.com27 Jun 2022

Agra has long been known for the Taj Mahal, but it is also a manufacturing hub filled with micro, small and medium enterprises (MSMEs) that make everything from electronic components to metal products, from paints and chemicals to footwear. And five years after the introduction of the Goods and Services Tax (GST), the MSMEs here complain that while the indirect tax regime has been transformative, cutting out the need to file multiple taxes, its biggest drawback has been the delay in credit refunds. Whoever you speak to - MSME owners, tax lawyers, or industry bodies like the National Chambers of Industries and Commerce (NCIC), Agra Footwear Manufacturers and Exporters Chamber (AFMEC) and Agra Shoe Manufacturers Association (ASMA) - they all emphasise that the GST continues to face some key challenges.

Ravi Shankar Prasad, Javadekar, Vardhan, Pokhriyal and 8 other ministers quit

Ravi Shankar Prasad, Javadekar, Vardhan, Pokhriyal and 8 other ministers quit

Rediff.com7 Jul 2021

Ahead of the Union Cabinet expansion on Wednesday, several Union Ministers, including Health Minister Dr Harsh Vardhan, Education Minister Dr Ramesh Pokhriyal Nishank and Labour Minister Santosh Gangwar resigned from their posts.

Power outage: Jalandhar MSMEs' new struggle

Power outage: Jalandhar MSMEs' new struggle

Rediff.com20 May 2022

With the Covid-19 pandemic showing signs of ebbing and economic activity picking up, factory owners in Jalandhar had hoped that the worst was over. However, the heat wave in April and extensive power cuts that came with it, have crushed their hopes. The city's large number of micro, medium and small enterprises (MSMEs) are now gearing up for yet another struggle, this time to survive with the shortage of power that is severely impacting their operations.

I'm not an ordinary man: Rane on impending arrest

I'm not an ordinary man: Rane on impending arrest

Rediff.com24 Aug 2021

Union minister Narayan Rane on Tuesday defended his remarks against Maharashtra Chief Minister Uddhav Thackeray, saying he hasn't committed any crime by making them.

A warning for BJP from Himachal Pradesh

A warning for BJP from Himachal Pradesh

Rediff.com11 Dec 2021

If the BJP doesn't do something quickly, Anurag Thakur and P K Dhumal will be the ones having a quiet last laugh.