-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
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Monthly rise in procurement and payments to MSMEs: Govt
-The Indian Express Total procurement and transactions from MSMEs has gone up almost two-and-a-half times in October to Rs 5,000 crore compared to Rs 2,300 crore in May. The Ministry of Micro, Small and Medium Enterprises (MSMEs) Tuesday said that there has been a monthly rise in procurement and payments to MSMEs, alongside a fall in the ratio of pendency of payments. The pending payments to MSMEs are around one-fifth against the...
More »The migrant worker as a ghost among citizens -Sampath G
-The Hindu A new publication contends that their lockdown misery was no anomaly but an effect of exclusion from full citizenship When Prime Minister Narendra Modi announced the world’s most stringent lockdown on March 24, 2020 with barely four hours notice, lakhs of migrant workers across the country found themselves trapped in a novel situation: their livelihood in the city was gone, but they could not return to their native villages. The...
More »Allahabad HC says previous orders on interfaith marriages not ‘good law’ -Asad Rehman
-The Indian Express This assumes significance as Uttar Pradesh Chief Minister Yogi Adityanath had cited this order while announcing he would bring a law on 'love jihad'. Quashing an FIR that accused a Muslim man of abducting a Hindu woman and forcefully marrying her after converting her to Islam, the Allahabad High Court has said that “two adults are free to choose their pARTner” and that it is their right to freedom...
More »35% of work under scheme meant for migrant workers went to MGNREGA -Sanjeeb Mukherjee
-Business Standard The tentative data sourced from the GKRA website shows that since June, around 1.10 million works have been completed under the campaign. Much of the Rs 10,000-crore extra allocation for the Garib Kalyan Rojgar Abhiyan (GKRA), an employment scheme for migrants thrown adrift by the sudden lockdown in March, will be spent on works done through the flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and rural housing project....
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