-The Hindu As of Sunday, around ₹7.5 crore in cash credited into the Bank Accounts of 20,500 ineligible beneficiaries had been recovered VILLUPURAM: The Department of Agriculture has identified as many as 90,000 ineligible beneficiaries under the PM-KISAN Nidhi scheme in the district and recovered ₹7.5 crore so far. A senior official on anonymity said that out of the 90,000 ineligible beneficiaries, as many as 38,000 were from Villupuram district while 60,000 were...
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PM Modi launches fisheries, animal husbandry schemes in poll-bound Bihar -Gyan Varma and Anuja
-Livemint.com * The PMMSY scheme is part of the ₹20 trillion stimulus package announced earlier this year by the Union government. PM Modi also announced the launch of e-Gopala mobile app, that provides solutions on issues related to livestock to the farmers. NEW DELHI: Prime Minister Narendra Modi on Thursday launched ₹20,050 crore-Pradhan Mantri Matsya Sampada Yojana (PMMSY) aimed at developing the country’s fisheries sector sustainably. The virtual conference also witnessed the launch...
More »PM-Kisan norms eased for Covid, TN probes Rs 110 crore fraud, 18 held -Arun Janardhanan
-The Indian Express The officials involved in the scam allegedly shared the login and password details with brokers. The latter, in turn, earned up to Rs 2,000 per beneficiary. Since March, two instalments have been paid out per beneficiary. Channai: THE Tamil Nadu government has discovered a scam amounting to over Rs 110 crore in the PM-Kisan Scheme, with money withdrawn fraudulently online with the help of government officials and local-level politicians....
More »RBI may not extend moratorium on repayment of loans beyond Aug 31: Report
-Business Standard The six-month moratorium period comes to an end on August 31 The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19, sources said. The RBI had announced a moratorium on repayment of debt for six months beginning March 1, 2020...
More »6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana
-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...
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