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: Before extending lockdown, PDS universalisation, community kitchen expansion and cash grants are critical to prevent food riots
Only if the Centre steps in to universalise the public distribution system, will the time bomb of mounting hunger be truly defused.
Ram Nath Kovind asks people to buy local products for 'better tomorrow'; reiterates efforts taken by govt to make India $5 trillion economy
President Ram Nath Kovind exhorted people to use locally manufactured products for a 'better tomorrow' as he reiterated the government's commitment to make India a USD 5 trillion economy.
Also, the PSBs have taken up technology quite well with core banking now virtually omnipresent. Employee efficiency too has improved and comparable with that in private banks.
Budget 2019 serves all sectors of economy, builds upon India's growth story of last 5 yrs, writes ex-FM Arun Jaitley in blog
The Budget 2019 creates a political direction for an aspirational India. The economically weaker sections get the basic amenities of life and several sectors of interest to the middle-class have been incentivised.
Narendra Modi has an unenviable task of turning around India’s sagging economy; here are the major challenges new govt faces
If one looks at the first term of the Narendra Modi government, the economic performance chart gives a mixed picture
Narendra Modi 2.0: Why landslide mandate, right conditions make it perfect time for govt to kick-start weak PSBs’ sell-off
To give a perspective, of the 18 PSBs now, at least eight have gross NPAs above 15 percent of their total advances. This means Rs 15 out of every Rs 100 they have lent have gone bad.
Lok Sabha Election 2019: Why investors want Narendra Modi back for another term rather than a fractured Congress-led coalition
The Indian economy's biggest disadvantage is its weak political Opposition that can’t offer a better roadmap for the economy than what the Narendra Modi-government has done so far
Jan Dhan Yojana’s triumph shows financial inclusion gaining pace; scheme a launching pad for success of DBT, other products
Allegations of large-scale misuse of Jan Dhan accounts by black money hoarders seeking to convert their illegitimate wealth in cash during demonetisation are yet to be proved.
Neither NDA nor UPA will form govt in 2019, there's hope and scope for Federal Front: Mamata Banerjee tells News18
Speaking to News18 in an exclusive interview Trinamool Congress chief and West Bengal chief minister Mamata Banerjee hit out at Narendra Modi's brand of divisive politics and claimed that she had excellent relations with regional leaders across India.
Rahul Gandhi's NYAY a test on fiscal prudence: Economy must be strong enough to bear pressure of Rs 3.6 lakh cr
If one is in principle okay with a universal basic income approach, then this scheme of minimum income guarantee is a modification of the same where the beneficiaries are not universal but a targeted section.
Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley
Launched in August 2014, the first phase of the Pradhan Mantri Jan Dhan Yojana (PMJDY) was focused on opening basic bank accounts and RuPay debit card with inbuilt accident insurance cover of Rs 1 lakh.
What makes Narendra Modi’s remarks ominous for the nation is his assertion that during the 6-year period, loans were sanctioned through what he humorously calls phone banking---behest lending at its worst.
4 years of Narendra Modi govt: NDA has paid more than a nodding acknowledgement to entrepreneurship; it’s time to up the ante
While the Narendra Modi-led government has made a lot of promises to entrepreneurs, how many of these have really helped the startup sector? The jury is still out on this.
Bank services impacted as over a million employees go on 2-day strike; salary withdrawals to be affected
Banking activities in public sector banks across the country have been interrupted as employees go on two-day nation-wide strike against the meagre two percent salary hike offered by the management - Indian Banks Association.
Employees and officers of various state-run banks have called for a two-day nationwide strike from 30 May to protest a nominal 2 percent wage hike
There have been a number of missed opportunities though for which the Modi government still has the time. In its fifth and final year, it must square its shoulders and address them
Cash crunch: ATMs in Andhra and Telangana are nearly dry; authorities had flagged problem with New Delhi
As on date, one in every two of the nearly 3000 ATMs in Hyderabad do not have cash.
Banking system is incomprehensible and quite inaccessible for many of the urban poor. The most important service they need from banks is money- transfer
Shivalik Mercantile has 25 branches in Uttar Pradesh and in several states across the country. The RBI has certified Shivalik as a multi-state cooperative bank.