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The real beneficiary -Reetika Khera

-The Indian Express Aadhaar doesn’t empower people, only the state Ironically, in the week that the UIDAI revealed its draconian face, serving a legal notice to those who exposed flaws in the Aadhaar eco-system, Ajay Pandey (CEO, UIDAI), wrote, “The critics tend to forget that Aadhaar empowers the people, not the state” (‘Criticisms Without Aadhaar’, IE, May 13). However, government data reveals that Pandey is wrong to believe that “Aadhaar empowers...

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SBI ATM, online, cash transaction fees change from June 1: All you need to know -Ramarko Sengupta

-The Times of India State Bank of India (SBI) has revised service charges on ATM (Automated Teller Machine) withdrawals for users of its mobile app "SBI Mobile Buddy", as well as for various other cash and online transactions, effective from June 1. The country's largest lender will start charging customers Rs 25 per transaction for withdrawing money from an ATM through its mobile wallet app from Thursday. The SBI mobile wallet allows...

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How taxmen nabbed black money hoarders who tried to beat the note ban -N Sundaresha Subramanian

-Business Standard Relatives' accounts, meddling with accounting software and shell cos used to hide unaccounted cash Two major civil contractors of Bengaluru, who undertake state government civil contract works from irrigation and other departments, were alleged to have engaged in massive inflation of expenses and investment of unaccounted income in the purchase of immovable properties. Discreet enquiries by the Income Tax (I-T) department revealed that they were helping in the conversion of unaccounted...

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Modi Government Halves Spending On Maternity Benefit Programme

-PTI Pregnant women and lactating mothers are eligible to receive a cash benefit of Rs. 5,000 in three instalments. New Delhi:  The Modi government on Wednesday virtually halved the number of beneficiaries under its Maternity Benefit Programme (MBP) by restricting the scheme to firstborns instead of 'first two live births' as applicable earlier. PTI had earlier reported that reduced allocation of funds of Rs. 2700 crore for the scheme in the Union...

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Rs 9,124 crore pending payments under MGNREGA -Rosamma Thomas

-The Times of India JAIPUR: Across the country, payments worth Rs 9,124 crore are yet to be paid for work done in the 2016-17 financial year under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This comes at a time when Prime Minister Narendra Modi has created incentive schemes for rewarding those using the digital payment platform. Only days ago, 20-year-old Maharashtra student Shradha Mengshette was surprised to win Rs1...

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