Pradhan Mantri Garib Kalyan Yojana

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

Coronavirus Outbreak: Allow small shops to open, compensate loss of daily income, FRAI urges govt

The Federation of Retailer Association of India (FRAI) on Monday urged the government to let small shops open immediately, as daily income flow of petty retailers has stopped completely since the lockdown, and sought compensation for their income losses

Coronavirus outbreak will push a vast section deeper into poverty and hunger; governments must take these steps to ease suffering

Despite the lockdown, state governments or the Union government should make special provisions to ensure that unemployed workers return home, either to be rid of the burden of paying extra for a roof, or to escape shelters and camps where an outbreak of COVID-19 could spread calamitously.

IBA directs banks to deposit Rs 500 in Jan Dhan accounts held by women starting today

Indian Banks' Association (IBA) has directed all banks to start depositing Rs 500 per month into Jan Dhan Yojana accounts held by women starting 3 April.

Nirmala Sitharaman announcements on Coronavirus: FM unveils Rs 1.7 lakh crore relief package, gives free LPG, wheat, rice to poor; key takeaways

The Central government on Wednesday unveiled an economic package worth Rs 1.7 lakh crores primarily focussed at the poorest and most vulnerable sections of the society.

Centre proposes amnesty scheme for gold to unearth black money; fine on yellow metal held above fixed quantity: Report

According to news reports, there will be a fine on gold above a fixed quantity under the proposed scheme. Details of the scheme have yet to be revealed

RBI says 99.3% of demonetised currency is back: What went wrong with the government's black money hunt

RBI says 99.3 percent of about Rs 16 lakh crore in the form of the banned Rs 500 and Rs 1000 notes have found their way back into the banking system

Paul Krugman is right in calling Narendra Modi’s demonetisation'puzzling'; there are unanswered questions

Beyond the pain and little gains, we don’t know how much money was deposited into bank accounts post the demonetisation. The RBI is still counting the notes

Black money: Response to PMGKY 'not so good', only Rs 5,000 cr declared, says govt

The scheme was launched in December last year to enable people with black money to come clean by paying tax and penalty of 50 percent

The folly in PMGKY ads by govt: How can tax evaders be good citizens ever?

The Modi government did not do enough to send fear down the spines of evaders by cracking down on the suspects who brazenly deposited their ill-gotten high denomination notes