Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.
Faulting previous governments for not taking adequate measures to economically empower women in the country, Prime Minister Narendra Modi on Thursday said his government was constantly creating an environment in which women self-help groups can connect villages with prosperity as he released Rs 1,625 crore as capitalisation support fund to over four lakh such groups. In a virtual interaction with the women self-help groups (SHGs) under the "Aatmanirbhar Narishakti se Samvad" (dialogue with self-reliant women) initiative, Modi said in a changing India, opportunities are increasing for women to move forward. The movement of woman SHGs has intensified in the last 6-7 years with over 70 lakh of them working across the country, a figure over three times more than earlier, he said, adding over eight crore women are connected with these groups.
On the extension of the PMGKAY, he said it will cost the government Rs 90,000 crore more.
The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday. The amendment, besides deregulating production and sale of food products, will provide for no stock limit to be imposed on any produce.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
In his address to the nation from Red Fort on Independence Day, Prime Minister Modi had given a clarion call to free India from single-use plastic.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
Under the scheme, also called the Export Credit Insurance Scheme, the insurance guaranteed could cover up to 90 per cent of the principal and interest.
The Delhi government on Saturday claimed the Centre has 'stalled' its ambitious doorstep delivery of ration scheme that would have benefitted 72 lakh ration card holders in the national capital and termed the move 'politically motivated'.
He advised banks to facilitate appropriate credit expansion.
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
Dividing people in the name of religion, engineering riots and committing atrocities on Dalits is not Hindutva but to unite one human being with another is, he said in a veiled attack on the Bharatiya Janata Party while replying to a question at a summit organised by news channel Times Now.
Vardhan said the ICMR is actively researching on reports of COVID-19 reinfection and although the number of such cases is negligible at this moment, the government is fully seized of the importance of the matter, the health ministry said in a statement.
ESI subscribers to get Covid unemployment allowance within 15 days of claim. Payment will be made into bank account of the insured and Aadhaar will be used for identification.
'Congress leaders don't believe in themselves and in the potential of the party.' 'Unless they have faith in themselves, only then will the public have faith in them.'
The ministry of petroleum and natural gas is evaluating a threshold at which the subsidy on liquefied petroleum gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered is to limit any subsidy disbursal only to Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries.
To date, USAID has provided $5.9 million to assist India in responding to the COVID-19 outbreak.
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.
As per the fifth round of the NFHS, there are 1,020 women for every 1,000 men.
Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls
His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.
Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being seen as an attempt by the ruling Bharatiya Janata Party to contain the fallout of a decision hitting the common man in the ongoing elections in West Bengal, Assam and three other states.
'India is the only country whose economy is strong and growing fast.'
More funds are expected to be allocated for the new crop insurance scheme, PMSKY and RKVY.
'All imaginary figures are pushed by government bureaucrats.' 'They never showed that the production of wheat was less this time.'
The NDA government has asked states to enrol all MNREGA workers under the three newly-launched social security schemes.
While the government has claimed significant increase in funds for farm credit, PMKSY and PKVY, facts show a different story.
Of the cash outgo, Rs 64,598 crore is for enhanced expenditure on fertiliser subsidy under Atmanirbhar Bharat Abhiyan 3.0 and Rs 20,466 crore for the capital outlay in defence services.
A major reason for the decline in the consumption of kerosene was an increase in the number of LPG consumers in rural India after the government launched the Pradhan Mantri Ujjwala Yojana. in 2016.
So far, 50 people have also been injured in these incidents, the government said in a statement.
Prime Minister Narendra Modi's announcement of providing free inoculation to all adults will entail total spending of anywhere between Rs 45,000 crore and Rs 50,000 crore. This is higher than Rs 35,000 crore that the government had budgeted.
'The government has realised that the finances of the government are in a precarious state.' 'We are borrowing to fund the ever-burgeoning revenue deficit.' 'Then you are paying interest on the fresh borrowing.' 'For the first time, the government has realised that this cannot go on.'
He also said that although India got independence much before Goa became free, people of the country could not enjoy at that time as they felt uneasy thinking that one part was the country was still under foreign rule.
Prime Minister Narendra Modi on Saturday announced a number of welfare measures for children who lost their parents to COVID-19, including ensuring a corpus of Rs 10 lakh when they turn 18 and providing for their education.
