RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a "policy priority" for the central bank to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming out with the first financial inclusion index, which will assess progress in terms of access, usage and quality, Das said, while speaking at the Economic Times Financial Inclusion Summit. It is the responsibility of all stakeholders to ensure that the financial ecosystem (including the digital medium) is inclusive and capable of effectively addressing risks like mis-selling, cybersecurity, data privacy and promoting trust in the financial system through appropriate financial education and awareness, he added.
Rajasthan Chief Minister Ashok Gehlot-led Congress government on Wednesday presented the Budget for 2021-22 and said it will bring a Universal Healthcare scheme worth Rs 3,500 crore.
India must remain an integral part of the global economy if it has to grow at 9-10 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday. Speaking at the 15th India Digital Summit, Kant said India needs to become a major global exporting nation, without that it will not be possible to become richer and create wealth for its people over the next three decades.
Launching a veiled attack on Rashtriya Janata Dal chief Lalu Prasad, who he did not mention by name, Modi said Bihar has come out of an era when rail, road and internet connectivity were made light of and people used to say of what use roads are for those who walk on their feet.
'Akhilesh did politics like Rabi and Kharif crop which come once a year. Politics is not seasonal, you have to harvest your field all through the year and only then you get a good crop' Political analyst lists 12 reasons why Akhilesh Yadav lost the UP elections.
Pradhan Mantri Jan Dhan Yojana scheme will help in bringing the benefits of formal banking system to even the poorest of poor.
'The people of Uttar Pradesh have already made up their mind to puncture the Samajwadi Party's cycle, kick away the Bahujan Samaj Party's elephant, and remove shadows of the already-vanished hand of the Congress.'
Lack of awareness about the scheme, especially in villages, has created a situation where expectations are turning into disappointment.
Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India.
The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the work force as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their work places from their native places.
A photo of the prime minister hugging Indian Space Research Organisation chief K Sivan after a last-minute setback that led to the loss of lander Vikram, was also put on display for visitors.
The states and Union territories were also urged not to store, reserve, conserve or create a buffer stock of the COVID-19 vaccines, the Union health ministry said in a statement, a day after the start of the second phase of India's inoculation drive in which the coverage has been expanded to include everyone above 60 and those over 45 with specified co-morbidities.
Prime Minister Narendra Modi on Friday launched the second phase of the Swachh Bharat Mission-Urban and Atal Mission for Rejuvenation and Urban Transformation.
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
As spending on infrastructure has three times the desired impact, the government's Rs 111 trillion National Infrastructure Pipeline should be accelerated: Assocham president, Vineet Aggarwal
The SC agrees with the government's request for a year to show effective results of its pro-farmer schemes like Fasal Bima Yojana.
Among the key demands of agitating farmers has been a legal guarantee on minimum support price (MSP). The protest reached a crescendo when thousands of farmers from Punjab and elsewhere marched towards Delhi late last year and decided to block the main entry points once they were denied entry. The Centre, on its part, held 11 rounds of discussions with the protesters and even offered to amend some of the provisions without much success. With now one of their chief demands met, farmers have now moved on to force the government to concede on MSP.
This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha.
To ensure enough food to the poor during the lockdown, the government last week started distributing free 5 kg of rice or wheat per person and 1 kg pulse per household under the Pradhan Mantri Garib Kalyan Yojana to over 81 crore PDS beneficiaries.
Those without Aadhaar can still avail of the scheme after producing proof of applying for Aadhaar
Madhya Pradesh Chief Minister Shivraj Singh Chouhan said he ordered to stop the water outflow from the Bansagar dam so that the water level in the canal can go down, which will aid in rescue operations.
Maharashtra is expecting its active caseload to reach 11.9 lakh by April 30, compared to the current active caseload of 5.64 lakh, Thackeray said.
Post-mortems of 16 more suspected hooch victims were conducted here in the last two days, raising their number to 87, but authorities on Wednesday kept the official death toll in tragedy pegged at 35.
Bhupesh Baghel said about his father that he respected his father as a son, but as a chief minister, none of his mistakes that will disturb public order can be ignored.
In the letter, the Delhi CM urged Baijal to implement the apex court's order in letter and spirit and asserted that the ministry of home affairs does not have powers to interpret the order.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
Existing vacant government-funded housing complexes will be converted into Affordable Rental Housing Complexes through concession agreements for 25 years.
It would involve constructing over 125,000 kilometres of roads and would form part of the third phase of the Pradhan Mantri Gram Sadak Yojana.
The announcement comes on the first anniversary of the project.
The Budget outlay for health and well being is Rs 2.23 lakh crore in 2021-22 as against BE of Rs 94,452 crore and marks an increase of 137 per cent," she said while presenting 2021-22 Budget in the Lok Sabha.
Instructions were issued on holding loan camps in the last week of September.
Modi will address the rally at village Nagla Chandrabhan in Mathura of Uttar Pradesh, which is Upadhyay's birth place.
The budget will empower the poor, give a boost to the farmer and an impetus to the economic growth, the PM said.
The weapon carrying security personnel pushed journalists, who retaliated with more pushes and shoves.
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor.
