News for 'State for Micro'

'It is unlikely most labourers have returned home'

'It is unlikely most labourers have returned home'

Rediff.com6 Apr 2020

'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'

Crucial bypoll results today, to decide fate of Shivraj govt

Crucial bypoll results today, to decide fate of Shivraj govt

Rediff.com10 Nov 2020

The counting will begin at 8 am, and as per the Election Commission's COVID-19 guidelines, a candidate, his poll agent and counting agent can remain present in the counting hall, officials said, adding various measures have been taken to ensure social distancing and avoid crowding.

MFIs must cap their lending rates: Govt

MFIs must cap their lending rates: Govt

Rediff.com27 Sep 2010

In a bid to stop stop micro-finance institutions (MFIs) from charging usurious rate of interest, the Finance Ministry has asked state-owned banks to ensure that such institutions do not charge a loan rate of above 24 per cent.

RBI may cut rates by 75 bps in FY21: Fitch Solutions

RBI may cut rates by 75 bps in FY21: Fitch Solutions

Rediff.com21 Apr 2020

The disruptions caused by COVID-19 have more severely impacted small and mid-sized corporates, including NBFCs and MFIs, in terms of access to liquidity.

ISRO launches its 100th satellite, says 'new year gift'

ISRO launches its 100th satellite, says 'new year gift'

Rediff.com12 Jan 2018

The successful orbiting of the satellites by the Polar Satellite Launch Vehicle PSLV C-40 comes four months after the Indian space Research Organisation's mission to launch backup navigation spacecraft IRNSS-1H onboard PSLV-39 ended in a rare failure.

Why is Rakesh Tikait going to Bengal?

Why is Rakesh Tikait going to Bengal?

Rediff.com10 Mar 2021

'Why shouldn't we talk against the BJP when it is solely responsible for bringing in these three laws by riding rough over Parliamentary procedures and norms?' 'We will talk against the BJP because it is the sole political party responsible for pushing these destructive farm laws'

This woman's eco-friendly pads are solving 3 problems

This woman's eco-friendly pads are solving 3 problems

Rediff.com2 Jul 2019

Shaidalin Marbaniang's eco-friendly napkins solve three problems -- accessibility, sustainability and also generates employment.

Omar and Mufti in Twitter spat over triple talaq bill

Omar and Mufti in Twitter spat over triple talaq bill

Rediff.com31 Jul 2019

Peoples Democratic Party chief Mehbooba Mufti and National Conference leader Omar Abdullah engaged in a war of words on Twitter after the passage of the triple talaq bill in Rajya Sabha, with the latter stating that PDP leaders abstaining from voting "helped the government with the numbers needed to pass the bill."

With OCEN, small businesses have access to instant loans

With OCEN, small businesses have access to instant loans

Rediff.com6 Aug 2020

The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.

'Bengal has a lot to learn from Gujarat'

'Bengal has a lot to learn from Gujarat'

Rediff.com30 Mar 2021

'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'

MSMEs get early Diwali, GST refund in 30 days

MSMEs get early Diwali, GST refund in 30 days

Rediff.com23 Aug 2019

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities.

Twitter deletes Urjit Patel's fake account

Twitter deletes Urjit Patel's fake account

Rediff.com23 Aug 2016

The fake handle was opened in June this year but was not used to tweet anything before August 20.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

PM asks bankers to ensure stable credit growth

PM asks bankers to ensure stable credit growth

Rediff.com30 Jul 2020

During a three-hour long virtual meeting with CEOs of large public and private sector banks along with heads of NBFCs, the prime minister assured them that the government is ready to take all steps to support the financial sector.

'You're not alone': Tharoor shows solidarity with Omar

'You're not alone': Tharoor shows solidarity with Omar

Rediff.com5 Aug 2019

Tharoor questioned the alleged arrest of leaders and said, "if we alienate them, who's left?"

Report says fresh support of only Rs 12-13 lakh cr likely in stimulus

Report says fresh support of only Rs 12-13 lakh cr likely in stimulus

Rediff.com13 May 2020

Of the Rs 20-lakh-crore package that Prime Minister Narendra Modi announced to defend the economy against coronavirus disruptions, fresh support may be only around 60 per cent of the offer as it counts the first financial stimulus and liquidity support that Reserve Bank has given already, and will overburden the bond market, says a report.

Budget has a vaccine for banking's virus

Budget has a vaccine for banking's virus

Rediff.com17 Feb 2021

Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.

AAP took great care of Hindu voter sentiments

AAP took great care of Hindu voter sentiments

Rediff.com11 Feb 2020

'Kejriwal took political steps and micro level care at every level not to allow the consolidation of Hindu votes behind the BJP,' observes Sheela Bhatt, the distinguished political commentator.

Mamata handpicks sari designs for Durga Puja

Mamata handpicks sari designs for Durga Puja

Rediff.com5 Aug 2014

He said designs for special range of saris will be launched before Durga Puja.

BJP polling agent held for influencing voters; EC orders re-poll

BJP polling agent held for influencing voters; EC orders re-poll

Rediff.com14 May 2019

The incident took place at Asawati village in the Faridabad parliamentary constituency where polling was held on May 12.

NBFC liquidity crisis hits 'loans against property' market

NBFC liquidity crisis hits 'loans against property' market

Rediff.com13 May 2019

High loan-to-value and high-yield buckets have reported higher delinquencies

Chitfund: Tripura CM slams Centre

Chitfund: Tripura CM slams Centre

Rediff.com24 Apr 2013

Sarkar, who is also the home minister of the state, said his government was keeping a close surveillance on the functioning of the chit funds in the state and had enacted a rule for protection of the depositors.

Govt's plan to enter e-retail still in limbo

Govt's plan to enter e-retail still in limbo

Rediff.com15 Sep 2020

The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.

Sitharaman's Stimulus: Renovate a house in flames without dousing the fire!

Sitharaman's Stimulus: Renovate a house in flames without dousing the fire!

Rediff.com27 May 2020

'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.

Budget may skip the big-bang route

Budget may skip the big-bang route

Rediff.com30 Jan 2017

Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.

Over 13,000 business units hit in 3 Uttarakhand districts

Over 13,000 business units hit in 3 Uttarakhand districts

Rediff.com24 Jun 2013

The heavy rains that have lashed Uttarakhand over the past weekend, and the floods that followed, have blown the sails out of the hill state's fragile economy.

How India can NEUTRALISE Enemy Drones

How India can NEUTRALISE Enemy Drones

Rediff.com23 Jul 2021

'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'

Sitharaman may announce Rs 3 trillion stimulus package this week

Sitharaman may announce Rs 3 trillion stimulus package this week

Rediff.com12 May 2020

There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.

Vikas Dubey encounter breathes new life into Opposition in UP

Vikas Dubey encounter breathes new life into Opposition in UP

Rediff.com27 Jul 2020

cution' of the Brahmins in the regime of Adityanath, a Rajput, accused of pandering to his caste's interests. Radhika Ramaseshan reports.

'People are dying. We are helpless'

'People are dying. We are helpless'

Rediff.com17 May 2021

'Some VIP or minister should come to the ward and see how people are suffering.' 'The pain and suffering of the relatives of the patients who are admitted; let them hear their desperate pleas for medicines and oxygen and ventilators and ICU beds; the cries of the kith and kin of doctors and nurses who are being eaten by the pandemic.'

Sushil Modi draws flak for alleging no help from Oppn towards Covid relief

Sushil Modi draws flak for alleging no help from Oppn towards Covid relief

Rediff.com5 May 2020

The senior Bharatiya Janata Party leader had made the allegation in a tweet on Sunday wherein he had also launched a veiled attack on a sitting Congress MLA, who had shot off a letter to Chief Minister Nitish Kumar, seeking return of Rs 50 lakh released from his local area development fund.

'Bad times don't last'

'Bad times don't last'

Rediff.com30 Mar 2020

'At this time, staying in the game is more important.' 'If we do that, then wealth can be generated.'

Union minister rebels, refuses to contest poll

Union minister rebels, refuses to contest poll

Rediff.com25 Mar 2019

'Giriraj Singh has told the central leadership that he is being made a target by some BJP leaders and some JD-U in a conspiracy to defeat him in the polls.'

FinMin seeks PSBs' help to make India $ 5 trn economy

FinMin seeks PSBs' help to make India $ 5 trn economy

Rediff.com16 Aug 2019

According to a communication by the ministry to the heads of PSBs, it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level.

We must all plan for new reality: PM to CMs

We must all plan for new reality: PM to CMs

Rediff.com12 May 2020

Modi said the biggest challenge would be to ensure that the disease does not spread to villages across the country after relaxations provided by the government.

ISIS gun down 14 Real Madrid fans in Iraq

ISIS gun down 14 Real Madrid fans in Iraq

Rediff.com13 May 2016

ISIS militants have killed at least 14 Real Madrid fans at a supporters club in northern Iraq.

Union Bank to hire 5,000 this fiscal

Union Bank to hire 5,000 this fiscal

Rediff.com23 Dec 2008

State-run Union Bank of India on Tuesday said it is hiring 5,000 employees this fiscal, including 300 specialised officers for its micro, small and medium business.

Will RBI's rate cut force banks to lend?

Will RBI's rate cut force banks to lend?

Rediff.com28 Apr 2020

'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.

What helped Bandhan get the banking licence?

What helped Bandhan get the banking licence?

Rediff.com4 Apr 2014

Bandhan has a strong presence in India's under-banked eastern and northeastern regions.

Modi must give Indians the capacity to reach 2021

Modi must give Indians the capacity to reach 2021

Rediff.com5 Jun 2020

'All parties and the government acknowledge that there we are in trouble and there is more trouble ahead,' observes Aakar Patel.