-The Hindu But, Aadhaar-LPG linkage is still tardy Tumkur: Chief Minister Siddaramaiah will launch Aadhaar-linked Direct Benefit Transfer (DBT) for LPG at the Birla Auditorium in Tumkur district on June 1, 2013. Addressing presspersons here on Thursday, district president of the Congress Shafi Ahmed said that Union Petroleum and Natural Gas Minister M. Veerappa Moily, Karnataka Pradesh Congress Committee president G. Parameshwara, Minister of State (Independent Charge) for Food and Civil Supplies Dinesh...
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LPG Subsidy To Be in Bank A/cs From June 1 in 18 Districts
-Outlook Starting June 1 cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its fuel subsidy. The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due...
More »Banks hurdle in cash transfer to poor: Sheila Dikshit
-The Times of India NEW DELHI: While declaring that her government was keen to take the Aadhaar-based cash transfers to 30 lakh beneficiaries across various schemes, chief minister Sheila Dikshit on Monday expressed concern over obstacles in the delivery of cash transfers due to non-cooperation of Banks. She urged Unique Identification Authority of India chairman Nandan Nilekani to work towards speeding up the bank account opening process linked to Aadhaar enrolments. Dikshit...
More »New bank licences: The contenders -Dinesh Unnikrishnan
-Live Mint A SWOT analysis of 24 companies that are drawing up plans for their entry into banking Mumbai: The deadline for applying for a banking licence expires on 1 July. At least two dozen companies, both in the private and public sectors, are busy drawing up plans for their entry into banking, being opened up again a decade after the Reserve Bank of India (RBI) allowed the entry of two...
More »Who killed Namdeo?-Sreelatha Menon
-The Business Standard The latest suicide in Vidarbha underlines the need for flexible loan repayment norms for farmers Is it better to give compensation to dead farmers, or to provide loans and insurance to those who are alive? In the case of a majority of cotton farmers in Maharashtra, who are struggling against shrinking land size, production costs and debts, there is neither credit or insurance when alive nor compensation on death. Farmers caught...
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