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Aadhaar-enabled cash transfer scheme helped save government Rs 45,000 crore in pandemic year
India

Aadhaar-enabled cash transfer scheme helped save government Rs 45,000 crore in pandemic year

Due to big rise in DBT payments, the government sent benefits such as free rations to the poor. Ninety-eight crore received cash benefits through DBT in 2020-21, which is the highest ever

In Punjab’s paddy fields: Where the seeders are happy but the farmers are not
India

In Punjab’s paddy fields: Where the seeders are happy but the farmers are not

A snapshot of Punjab’s stubble-burning season, and what farmers on the ground think about it

Modi's 'conviction and incentive' model: From PDS to property taxation, the four reforms the Centre nudged states to implement
India

Modi's 'conviction and incentive' model: From PDS to property taxation, the four reforms the Centre nudged states to implement

Unlike in the past, reforms were implemented quickly because of the Centre's new policy of 'reforms by conviction and incentives', Prime Minister Narendra Modi said

How DBT prevented arhatiyas from economically exploiting farmers and streamlined procurement of produce
India

How DBT prevented arhatiyas from economically exploiting farmers and streamlined procurement of produce

The intention behind direct payments to farmers is not to bypass Arhatiyas but to improve transparency in the process and provide best options to the farmers for their economic freedom.

At least one in four science ministry officials should be scientists with current domain expertise: Draft policy
India

At least one in four science ministry officials should be scientists with current domain expertise: Draft policy

If the draft policy is accepted, this could mean the lateral entry of experts at mid-level jobs in STEM fields.

All Covid-19 vaccines from India being developed for storage at 2-8 deg Celsius: DBT Secy
India

All Covid-19 vaccines from India being developed for storage at 2-8 deg Celsius: DBT Secy

Logistics at many stages have been worked out keeping this target temperature in mind to meet storage availability.

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain
Business

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain

There is plenty to celebrate for MSMEs and other entities covered under Nirmala Sitharaman's first package of details to flesh out Prime Minister Narendra Modi's Rs 20-lakh-crore stimulus

PM Garib Kalyan Package: Govt says Rs 34,800 cr financial help given to 39 cr beneficiaries
Business

PM Garib Kalyan Package: Govt says Rs 34,800 cr financial help given to 39 cr beneficiaries

The government has provided Rs 34,800 crore financial assistance using digital payment infrastructure to about 39 crore beneficiaries under the Pradhan Mantri Garib Kalyan Package (PMGKP) to protect them from the impact of COVID-19 lockdown

As migrant workers prepare to leave megacities, fixing gaps in PDS and DBT will be key to preventing large scale unrest back home
India

As migrant workers prepare to leave megacities, fixing gaps in PDS and DBT will be key to preventing large scale unrest back home

The shramik trains can take a few thousand of migrant workers back to their home towns. For the rest, whose numbers will still be considerable, their main problem, as lockdown continues, will be hunger, not the virus, and a further deepening of existing social and income inequalities.

Coronavirus Outbreak: Banking, insurance operations to continue during extended lockdown, says govt
Business

Coronavirus Outbreak: Banking, insurance operations to continue during extended lockdown, says govt

Issuing fresh guidelines for the second phase of the lockdown, which will be in effect till 3 May, the government on Wednesday said important financial services like banking and insurance will continue to function during the period to help people meet their financial needs

Coronavirus Outbreak: No dearth of cash, prepared to meet any demand during nationwide lockdown, say bankers
Business

Coronavirus Outbreak: No dearth of cash, prepared to meet any demand during nationwide lockdown, say bankers

Banks have enough cash to meet any demand in view of nationwide lockdown and Direct Benefit Transfer (DBT) commitments under Rs 1.7 lakh crore Pradhan Mantri Garib Kalyan Yojana package

More than 32 cr poor receive Rs 29,352 cr aid under Garib Kalyan Yojana; fintech, digital technology in place for swift transfer to beneficiary
Business

More than 32 cr poor receive Rs 29,352 cr aid under Garib Kalyan Yojana; fintech, digital technology in place for swift transfer to beneficiary

A finance ministry statement on Monday said the swift implementation of the package is being continuously monitored by central and state governments.

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments
Business

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments

Urging people not to believe rumours, the finance ministry on Thursday said Rs 500 has been deposited in each PMJDY account held by women for April and Rs 1,000 more will be given over the next two months in equal instalments

Coronavirus Outbreak: Banks to commence remitting Rs 500 per month to women PMJDY account holders from tomorrow
Business

Coronavirus Outbreak: Banks to commence remitting Rs 500 per month to women PMJDY account holders from tomorrow

Banks to commence remitting Rs 500 per month to women PMJDY (Pradhan Mantri Jan Dhan Yojana) account holders from tomorrow

ICMR will set up two rapid testing labs, 49 additional testing centers for coronavirus diagnosis
India

ICMR will set up two rapid testing labs, 49 additional testing centers for coronavirus diagnosis

The rapid testing labs, able to test around 1,400 samples per day, will be set up Delhi-NCR and Bhubaneswar.

Budget 2020: Access to uninterrupted and affordable electricity will be key to achieve India’s $5 trillion economy goal
Business

Budget 2020: Access to uninterrupted and affordable electricity will be key to achieve India’s $5 trillion economy goal

India will not be able to achieve a self-sustaining energy future without disruption in its energy distribution model

Government expected to push the pedal for agri reforms; here's a list of centre's schemes that can help
Business

Government expected to push the pedal for agri reforms; here's a list of centre's schemes that can help

With an increased focus on addressing the systemic challenges in the agriculture sector, the upcoming Budget may see greater attention on the agriculture sector covering policy reforms and technical intervention.

Reforms unleashed by Narendra Modi govt will make country very competitive; India's story has just begun: NITI Aayog CEO Amitabh Kant
Business

Reforms unleashed by Narendra Modi govt will make country very competitive; India's story has just begun: NITI Aayog CEO Amitabh Kant

India, under Prime Minister Narendra Modi, was moving fast on the track of ease of doing business, the NITI Aayog CEO said

Nirmala Sitharaman says Centre to form about 10,000 farmer produce organisations; urges state govts to push for eNAM, dismantle APMCs
Business

Nirmala Sitharaman says Centre to form about 10,000 farmer produce organisations; urges state govts to push for eNAM, dismantle APMCs

Addressing the 6th World Congress on Rural and Agri Finance, Sitharaman said the government has put rural and farmer development on a larger map

Centre launches fertiliser DBT 2.0 initiatives, to transfer over Rs 70,000-cr subsidy directly to farmers' bank accounts
Business

Centre launches fertiliser DBT 2.0 initiatives, to transfer over Rs 70,000-cr subsidy directly to farmers' bank accounts

The government has been able to curb leakage and black marketing of fertilisers because of the DBT, he said.