Financial Support
Financial Support News

Financial support for poor in prisons and unable to afford penalty, bail amount, says Sitharaman
The minister said this during her Budget speech in the Lok Sabha.'Support for poor persons who are in prisons and are unable to afford penalty or bail amount, required financial support will be provided'

Union Cabinet gives nod to BharatNet, distribution scheme for power discoms; a brief look
The total expense for BharatNet will be Rs 29,430 crore to cover around 3,60,000 villages in 16 states, which includes Rs 19,041 crore to be spent by the government for the viability gap funding,

India's first quarter GDP growth likely to be weakest since 2012; coronavirus, lockdown halted economic activity: Poll
Forecasts for gross domestic product (GDP) data, due to be released on 29 May, ranged between +4.5 percent and -1.5 percent, underscoring the widespread uncertainty on the impact of the coronavirus on the economy at that stage.

Coronavirus Outbreak: Machine makes 1,000 rotis an hour for needy in Noida; efforts underway to procure more devices
Installed at a community kitchen in Bhangel village, the machine helps the facility, operated by the Noida Authority in Uttar Pradesh, produce 15,000 rotis in a day, they said.

LIC launches tech-term insurance plan, offers financial protection; all you need to know about product
The tech-term plan will be available through online application process only and no intermediaries will be involved, it says.

Govt working on efforts to turn around AI; cost cutting, revenue augmentation measures to fetch Rs 2,000-cr benefits
The ministry would monitor the implementation of the AI plan and then report to the AISAM.

Govt to give 5% subsidy for non-basmati rice exports for four months; move to help keep local prices steady
The government will give a subsidy of 5 percent for non-basmati rice exports for the four months to 25 March, 2019, the trade ministry said in the order dated 22 November.

OYO inks MoUs with State Bank of India, Bank of Baroda for financial support to its hotel partners
The MoUs will also allow OYO to help in the creation of thousands of jobs in tier II and III cities by nurturing micro-entrepreneurs in the hospitality sector, the company said