FINANCIALINCLUSION
Build for Bharat podcast: Understanding what it will take to boost digital financial inclusion in India
Financial inclusion to help entrepreneurs focus on financial inclusion, livelihood, skilling, and health.
FM Nirmala Sitharaman assures investors of addressing pain points to encourage investments
Addressing a roundtable on 'Investing in India's Digital Revolution' in San Francisco, the minister encouraged constant engagement with investors to understand and address their concerns. The Finance Minister said she was open to receive suggestions, understand pain points and offer necessary redressal wherever possible.
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit
The finance minister is in the US to attend IMF-WB Spring Meetings 2022.
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit
FedEx President and CEO-elect Raj Subramanian, during the meeting with the Finance Minister, mentioned that he is positive about India and has significant expansion plans, including in skilling.
Banks issue 31.67 crore RuPay debit cards to PMJDY account holders
"Progressing ahead with a mission to provide universal access to banking facilities for every adult citizen, 31.67 crore #RuPay debit cards with inbuilt accident insurance coverage issued to #PMJanDhan account holders till October 21," Department of Financial Services under Ministry of Finance said in a tweet.
Gati Shakti, digitisation, 'Make in India' discussed as Sitharaman meets top CEOs in New York
On October 13, Prime Minister Narendra Modi launched the Rs 100-lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy.
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Jan Dhan accounts cross 41 crore: Finance Ministry
"Govt. committed to #FinancialInclusion to all citizens. As on 6/1/21, #PMJDY accounts cross 41 Cr. and Zero Balance Accounts decline to 7.5% from 58% in March 2015. Clearly showing the use and adaption by every account holder," the Finance Ministry said in a tweet.
Internet users in India to rise by 40%, smartphones to double by 2023: McKinsey
As per McKinsey, India is one of the largest and fastest-growing markets for digital consumers, with 560 million internet subscribers in 2018, second only to China.
Budget 2019: What internet companies, startups and investors feel
Consumer internet companies, startups and investors feel disappointed by budget’s silence over issues like angel investor tax.
Why government's push to make Aadhaar mandatory could erode public faith in Aadhaar-enabled payments
Aadhaar — unlike Google or any other digital service —is compulsory in India, when the country doesn’t even have a data protection and privacy law.
'Smart' cards: Jagjit Singh, Uddhav Thackeray labourers in MP
A card having Jagjit Singh's picture has been given out in the name of Rahul Dube, another resident of Kaitha Gangeo.
Budget 2013: Proposal to give Rs 10,000 to each youth for skill training may make 150 million youths job-ready
Besides incentivising the youth to partake job training the proposal is likely to increase the comfort level for industry to hire more such candidates.
India's new growth paradigm: Faster growth with bigger deficit and higher inflation
The Economic Survey expects growth to accelerate to 7.6% in 2012-13 and 8.6% in 2013-14. Many analysts and investors are sceptical. Which view is right?
Special feature: Banking to the poor mostly on paper
This differential of 65 million shows that the three-year drive by the RBI and states to provide banking to the poor is mostly on paper. ET explains why this massive gap exists and what it means for the financial inclusion drive.
UIDAI wants users to access bank accounts through BC terminals; banking correspondents resent ATM-like model for biz
Since transactions are not updated real-time between an agent of a BC and its server, villagers can bank only with that BC's agent in the village.
The banking-correspondent model has its weaknesses
An identity is just the first link in the cash-transfer chain. Everyone also need bank accounts that are easily accessed.
We want savings to be part of financial-inclusion agenda: Bill and Melinda Gates Foundation
Bob Christen , director of the Financial Services for the Poor initiative at The Bill & Melinda Gates Foundation , told ET over telephone from Seattle why and how the Foundation wants to focus on household savings.
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