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PMMY aims to facilitate easy collateral-free credit of up to Rs 10 lakh to micro-entrepreneurs for income-generating activities
The next growth is expected to come from works contract, services and states
After six consecutive hikes aggregating 250 bps, RBI hits a pause
DFS secretary to review progress of financial inclusion and social security schemes
The scheme aims to promote entrepreneurship at the grassroot level focusing on economic empowerment and job creation and has been extended up to the year 2025
Auditor says large number of cancellations defeated the purpose of the scheme
The dividend receipts from CPSEs grew more than 37 per cent to Rs 58,988 crore against the Revised Estimates (RE) target of Rs 43,000 crore
The department has advised chief secretaries of States/ UTs and chairman and CEOs of Public Sector Banks (PSBs) to extend full support during the campaign
On March 30, GeM completed five million transactions in a single financial year for the first time ever
Savings and investment rates in the financial year (FY) 2021-22 were 30.2 per cent and 29.6 per cent, respectively
Directs banks to double down on comprehensive stress testing of portfolios at micro-cluster level
Mumbai witnessed 50 per cent growth in gold seized in FY23 compared to the pre-pandemic year of FY20
He also said the Budget's focus on prudence and fiscal consolidation was a good step that will reduce and stabilise public debt, which is quite high in the country compared to other G20 countries
Mohanty was whole-time member (economics) of PFRDA and retired in May 2022
The product will offer users 5% cashback on Flipkart Wholesale online spending. Members can apply for the card directly at Flipkart Wholesale stores and on its Best Price Flipkart Wholesale app
Partnership will give farmers information about negotiable instrument meant to assist rural economy
The responses have been drawn from over 400 manufacturing units from both large and SME segments with a combined annual turnover of over Rs 10 trillion
'Govt paving way for collective ownership in Budget implementation'
Trust and expectation have replaced doubt in discussions about Indian economy, he says
The amendments aim to enhance the security of policyholders, promote their interests, and improve returns