MONEY TRANSFERS TO FARMERS
Budget 2024 for Farmers: Agriculture industry wants FM to hike PM Kisan installment amount to Rs 8,000 in budget
PM Kisan scheme in Budget 224: Under the PM Kisan scheme, eligible farmers' families across the country earn Rs 6,000 yearly, which is paid in three payments every four months via Direct Benefit Transfer (DBT). Agricultural experts asked the FM to raise the PM-KISAN installment amount in the Union Budget 2024.
Army does not want Agniveer scheme, INDIA bloc will throw it into dustbin: Rahul Gandhi
Congress leader Rahul Gandhi vowed to scrap the Agniveer scheme and criticized Prime Minister Narendra Modi for allegedly demeaning the country's soldiers by turning them into laborers. Speaking at his first election meeting in Haryana for the Lok Sabha polls, Gandhi also targeted Modi over farmers' issues. He promised to eliminate the Agniveer scheme, which was introduced by the Modi government for short-term induction of personnel into the armed forces. Gandhi also pledged to waive farmers' debt if the INDIA bloc comes to power.
Rahul Gandhi, Akhilesh Yadav hit out at PM Modi for 'ignoring' farmers, youngsters
Congress leader Rahul Gandhi and Samajwadi Party chief Akhilesh Yadav Tuesday accused Prime Minister Narendra Modi of working for "arabpatis" and ignoring farmers and unemployed youngsters. Addressing a joint rally near the Rani Jhansi fort here, the alliance partners said they would work for the youths and farmers if the INDIA bloc government comes to power.
New govt will transfer Rs 1 lakh into accounts of women from SC and ST categories, says Rahul Gandhi
Rahul Gandhi, a Congress leader, expressed confidence in winning the upcoming Lok Sabha elections. He outlined key promises from the party's manifesto, including transferring Rs 1 lakh annually to the bank accounts of women from SC, ST, and backward categories, and providing guaranteed apprenticeships to unemployed youths.
CBDC transaction volumes down, P2M transactions growing: RBI
The Central Bank Digital Currency (CBDC) transaction volumes have gone down after crossing 10 lakh in late-December 2023, Reserve Bank of India Governor T Rabi Sankar said on Friday. The overall number of transactions has touched 2.2 crore since the launch of the CBDC pilot on December 1, 2022, Sankar said, adding that the number of participants in the pilot stands at 50 lakh.
Country has decided to give over 400 LS seats to BJP-led NDA in upcoming polls: PM Modi
Modi was addressing a public rally at Bhari in Yavatmal district in Vidarbha in eastern Maharashtra after inaugurating development projects worth thousands of crores, flagging off trains and disbursing funds under the PM Kisan Samman Nidhi scheme to eligible farmers.
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When poor, farmers, women, youth are empowered, country will become powerful: PM Modi
Addressing the Viksit Bharat Sankalp Yatra via video conferencing, Modi said the biggest objective of the Yatra is to ensure that no rightful beneficiary of government schemes is left out.
Cong moves EC to restrict BRS not to mention disbursement of Rythu Bandhu amount in poll rallies
The Congress has formally approached the Chief Election Commissioner, urging the imposition of restrictions on the Bharatiya Rythu Sankshema (BRS) party. The request specifically emphasizes refraining from mentioning the disbursement of Rythu Bandhu amounts in their ongoing poll campaign.
BJP govt will stop all welfare schemes if voted to power in Rajasthan: Rahul Gandhi
Rahul Gandhi, leader of the Congress party, warned of the potential consequences of a BJP government in Rajasthan. He expressed concerns about the discontinuation of welfare schemes and prioritization of billionaires. Gandhi emphasized the benefits that the poor, farmers, and small traders would receive if Congress were voted back into power.
Telangana polls: Congress leaders favour only three hours of power supply to farmers, alleges KCR
"They (Congress leaders) say they will throw 'Dharani' into Bay of Bengal, 'Rythu Bandhu' is wasteful expenditure. More dangerously, they say 24-hour power supply is unnecessary, KCR is wasting the funds and three-hour power supply is enough," KCR said.
Centre didn't play any role in bringing down Naxal menace in Chhattisgarh, our government's policy helped curb it, says Chief Minister Baghel
Chhattisgarh Chief Minister Bhupesh Baghel has accused the BJP-led Centre of not playing a role in curbing Naxalism in the state. Baghel stated that Naxal violence increased during the BJP government's rule from 2014 to 2018, while his government's strategy of development, trust, and security pushed the Maoists back. He also dismissed allegations of scams against his government, calling them a conspiracy to defame his administration. Baghel's party high command will decide whether he will continue as CM if the Congress retains power after the upcoming elections.
Over 81,000 farmers deemed ineligible for PM-Kisan scheme in Bihar
Over 81,000 farmers in Bihar have been found ineligible for the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme due to reasons such as paying income tax. The government has instructed state-owned banks to collect the refund amounting to approximately Rs 81.6 crore from these farmers. The agriculture department has urged the banks to expedite the process and freeze the accounts of ineligible farmers. Some banks have already collected around Rs 10.3 crore in refund money.
What is jeera futures and how can you make money from it? Anuj Gupta explains
Commodity derivatives play an important role for farmers, traders, and middlemen who use commodities such as cumin seed or jeera for their products. The prices of commodities are linked to the common man's kitchen and have increased significantly, with cumin seed prices rising by 150% in the last three years due to unseasonal rains. India is the biggest exporter of spices, with increasing demand from other countries due to geopolitical tension. Exporters can use commodity derivative products by selling their position in the commodity futures, allowing them to lock in prices and prevent losses.
PM Kisan 14th Installment date: When will beneficiaries receive next installment
Under the PM Kisan scheme, the government deposits Rs. 2000 into the bank accounts of eligible beneficiary farmers who have registered and met the program's eligibility requirements.
SC dismisses plea of journalist Rana Ayyub challenging summons by Ghaziabad court in money laundering case
On January 25, the top court had asked a special court in Ghaziabad to adjourn the proceedings in the money laundering case against Ayyub scheduled for hearing on January 27 to a date after January 31.
SC reserves verdict on plea of journalist Rana Ayyub against summons in money laundering case
On January 25, the top court had asked a special court in Ghaziabad to adjourn the proceedings in the money laundering case against Ayyub scheduled for hearing on January 27 to a date after January 31.
ED case against Rana Ayyub: SC asks Ghaziabad special court to adjourn proceedings till January 31
"List on January 31. In the meantime, the Ghaziabad special court is requested to adjourn the proceedings...fixed for January 27 to a date after January 31," said a bench of Justices Krishna Murari and V Ramasubramanian. Advocate Vrinda Grover, appearing for Ayyub, told the bench that the petitioner has been summoned for January 27 by the special court in Ghaziabad.
SC to hear journalist Rana Ayyub's plea in money laundering case on Jan 25
A bench of Chief Justice D Y Chandrachud, and Justices V Ramasubramanian and J B Pardiwala, posted the matter after senior advocate Vrinda Karat mentioned it. Karat told the court that the Bench which was scheduled to hear the matter Monday was not available, and requested the bench to post the matter for hearing later today at 2 pm.
Ratul Puri summoned by Delhi court in fertiliser scam
The judge passed the order while noting the submissions made by the ED's Special Public Prosecutor Nitesh Rana that prima facie there were enough evidence to prosecute Puri in the case.
India's direct benefit transfer scheme is a logistical marvel: IMF Paola Mauro
India's case is "quite impressive" given the "sheer size" of the country, said Paolo Mauro, deputy director of the fiscal affairs department, responding to a question on its successful implementation by the government.
IMF calls India's deployment of cash transfer scheme a 'logistical marvel'
"From India, there is a lot to learn. There is a lot to learn from some other examples around the world. We have examples from pretty much every continent and every level of income. If I look at the case of India, it is actually quite impressive," PTI quoted Paolo Mauro, Deputy Director of the Fiscal Affairs Department at the IMF, as saying.
Congress slams govt for 'taking back' money under PM-KISAN by declaring farmers 'ineligible'
Addressing a press conference at the AICC headquarters here, Congress spokesperson Akhilesh Pratap Singh said that by declaring the farmers ineligible under the Kisan Samman Nidhi, the central government has started the action of taking back the money.
Financial inclusion major step towards inclusive growth: FM Nirmala Sitharaman
The success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore with its expanded coverage to 67 per cent rural or semi-urban areas.
Farmers can now withdraw money of PM Kisan Samman Nidhi at home
"Farmers in the village are forced to visit a bank branch or ATMs, which are scarce in rural pockets, to withdraw the money of the Kisan Samman Nidhi. We are trying to simplify it for farmers with help of India Post Payment Bank and Aadhaar Enabled Payment System (AePS)," the official said.
Online transfer of funds between post office and banks announced in Budget 2022
Finance minister Nirmala Sitharaman also announced to set up 75 digital banking centres in 75 districts by scheduled commercial banks.
They have not returned: How Covid-19 has impacted labour migration in the country
Sectors such as manufacturing, ecommerce, logistics, construction and real estate are facing an acute labour shortage — of about 20-25%, say job consultants and CEOs of large companies. This is prompting many companies to step up local hiring.
Government disburses 42% more money to wheat farmers this year
The government has set a target of procuring 42.7 million tonne of wheat, of which around 80% purchase has already been made with still more than a month to go before the procurement season ends on June 30.
Why Indian farmers need to reform digitally
Given that India is an agrarian economy, tech enablement can turn the fortunes of our country.
Chhattisgarh to transfer Rs 5,700 crores directly to farmers
This new tranche of Nyay Yojana will be launched by Chief Minister Bhupesh Baghel with party president Sonia Gandhi and Rahul Gandhi on May 21 to coincide with former Prime Minister Rajiv Gandhi’s death anniversary.
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