-PTI The report noted 31% of multiple account holders (with a bank account in addition to PMJDY) are actively using alternate bank account. New Delhi: Duplication of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is on the rise while 28 per cent of accounts are lying dormant, says a survey by financial inclusion consulting firm MicroSave. According to the survey, conducted in 42 districts spread across 17 states and one union...
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Show Me The Money -PDT Achary
-The Indian Express In spite of attempts to dress it as one, Aadhaar bill is not a money bill. The issue of bills being categorised as money bills in an attempt to circumvent the Rajya Sabha has once again become live. On Friday, the Lok Sabha passed the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016, which Finance Minister Arun Jaitley asserted was a money bill....
More »Budget 2016: In the right direction -S Mahendra Dev
-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...
More »Over 80 lakh households have given up LPG Subsidy: Pradhan
-The Hindu Campaign is part of government’s endeavour to reduce LPG Subsidy bill More than 80 lakh households have given up LPG Subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG Subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...
More »Now app to verify domestic helps, employees using Aadhaar -Yuthika Bhargava
-The Hindu TrustID has been developed by Swabhimaanya, registered authentication user agency with UIDAI Whether hiring a domestic help or taking a cab, authenticating the identity of a person is a big challenge in India. A newly-launched mobile application aims to fill this gap by enabling such verifications using Aadhaar. The application — TrustID — has been developed by Swabhimaanya, which is a registered authentication user agency with the Unique Identification Authority of...
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