-Livemint.com With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs New Delhi: When heavy rains marooned large parts of Tamil Nadu, banking correspondents (BC) armed with Aadhaar-enabled micro-ATMs fanned out to help people retrieve cash from their bank accounts. The flood swept away many belongings including the bank pass book, debit card and other identification documents of S. Sangeetha, 28, who lives in Anumandai village in...
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Deluged Chennai cries for help as airport flooded, trains stop, phones out
-The Times of India CHENNAI: There was no let up to the rain fury in the city and several coastal parts of Tamil Nadu. The city received 34.5cm rain in the past 24 hours. Met officials said the state hasn't been lashed by such a downpour in 100 years. Road and and rail links are down and the airport is flooded. Complaints of patchy to poor mobile phone service have been coming...
More »₹1-lakh cr to be disbursed under MUDRA for micro-entrepreneurs -Shishir Sinha
-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...
More »Jal Board kicks off Yamuna clean-up with sewer lines project
-The Indian Express New Delhi: As part of its efforts to reduce pollution in the Yamuna, the Delhi Jal Board (DJB) implemented the Interceptor Sewer Project, launching its first package in Dwarka on Monday. The project will lay 59 kilometre-long interceptor sewer lines to ensure that only treated sewage is discharged in major drains. The first package includes increasing the capacity of Sewage Treatment Plants (STPs) in Dwarka from 20 million gallons...
More »Quieter, steadier -Vikram S Gandhi
-The Indian Express The prime minister's Jan Dhan Yojana (JDY) is, in many ways, an improvement over previous financial-inclusion schemes. And with an aggressive target to cover 15 crore households with basic banking services, including an overdraft facility, debit card as well as accident and life insurance cover, it is the most ambitious attempt yet. However, to achieve its promise, the JDY needs to focus on implementation. As suggested by the...
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