Echoing a similar view Raghuram Rajan, Subbarao's successor at the RBI, said one positive factor for the Indian economy is that the agriculture sector is doing well
Govt said some states like West Bengal and Bihar are lagging behind in distribution of free ration under the PMGKAY and they should be more "sensitive" towards the poor
Maharashtra Congress chief Thorat also pointed out that the PM did not say anything about the stand- off with China in eastern Ladakh in his address
Amit Shah said the extension of PMGKAY, a programme to provide free ration for over 80 crore people, shows the sensitivity of PM Modi to the millions of poor and their welfare
PM said every member of household will get 5 kg or rice or flour every month until the end of November, in addition to 1 kg chana every month for each family
The scheme which was to cost Rs 60,000 cr initially will now cost Rs 90,000 cr adding up to Rs 1.5 trillion in expenditure by the govt
The Covid-19 advance has been a great help to EPFO members during these difficult times, especially for the members with monthly wages of less than Rs 15,000
The sum was debated and it became clear it would have to be similar in scale to the support given under the Pradhan Mantri (PM) Garib Kalyan Yojana (PMGKY)
Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account
The revenue secretary asserted that the response to PMGKY was not so good
Keep in mind that PMGKY in that financial year was not an isolated scheme, says Finance Minister
This amount is just about 10% of the previous IDS
Those who do not surrender even during searches will face penalty and tax at 137.25%
Post note ban, unaccounted cash can be deposited under PMGKY in banks till March 31
A move that comes amidst the I-T department uncovering anomalies post demonetisation
No credit for advance tax paid, TDS or TCS will be allowed under the scheme
It commenced on December 17 and shall remain open for declarations and deposits up to March 31, 2017