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Amarinder Singh sets deadline to complete programmes in 6 months
Setting a deadline for the completion of his government’s flagship programs within six months, Punjab Chief Minister Amarinder Singh on Thursday directed his Cabinet colleagues to expedite the execution of schemes. Local Bodies Minister Navjot Singh Sidhu, who is at loggerheads with the Chief Minister, was conspicuously absent from the first Cabinet meeting after last month’s parliamentary …
RBI removes NEFT, RTGS payment charges to push digital transactions
RBI has removed charges for payments via NEFT and RTGS and questioned banks to pass on the benefits to customers. This means that payments via NEFT and RTGS would become either free or charges would be drastically decreased. This was announced in the Statement on Developmental and Regulatory Policies, which was released today by the …
Why stocks tanked after RBI rate cut? It’s something else
At first glance, it appears that the 25 basis points repo rate cut by the Reserve Bank of India (RBI) and its change in policy stance to ‘accommodative’ from ‘neutral’ failed to please the market, with equity barometer Sensex plunging 600 points right after the policy announcement. Market observers say the move was expected and …
NCR’s ‘poor’ air quality days decreased by 50%
Union Environment Minister Prakash Javadekar on Thursday said the government’s efforts to control air pollution have led to a decline in the number of days with ‘poor’ air quality in the national capital region (NCR) by about 50 percent in the last four years. Delivering at an event here to mark World Environment Day that falls on June …
Monetary Policy offers no miracle growth pills
A 25 basis point cut in the repo rate by the Monetary Policy Committee will not quite fan the smoldering embers of India’s growth into a blaze. But the decision to change the policy stance from neutral to accommodative will help, when the new government’s policy interventions produce a new growth impulse. Only 42% of the 50 basis …
RBI cuts repo rate by 25 bps for 3rd time
Continuing to deliver good news for borrowers, the Reserve Bank of India (RBI) has announced another repo rate cut by 25 basis points (bps). This is the third time in a row that the central bank has cut key rates this calendar year. Borrowers can hope for more rate cuts in the future as monetary …
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Ayushman Bharat Yojana
Overview Prime Minister Narendra Modi on Sunday introduced the ‘Ayushman Bharat – Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY)‘ scheme, considered as the world’s largest government-funded healthcare programme covering over 50 crore beneficiaries. Explaining it as a “game-changer initiative to serve the poor”, PM Modi said the scheme, which would come into effect from Sunday, is …
How To Update Aadhaar Details Online?
There are two primary reasons why a resident might need to update the Aadhaar details online – To update Demographic Aadhar data, To update Biometric Aadhar data. How to update Demographic Aadhar Data Modifications in some life events like marriage might lead to a resident changing his/her basic demographic information such as address, name, and …
How to get an Aadhaar Number?
Aadhaar is a 12-digit unique identification number that can be obtained by residents of India, based on their biometric and demographic data. The data is collected by the Unique Identification Authority of India (UIDAI), a statutory authority established in January 2009 by the government of India, under the jurisdiction of the Ministry of Electronics and Information Technology, following …
What is UIDAI?
Unique Identification Authority of India (UIDAI) is a government agency in New Delhi that serves as the issuing authority for Aadhaar unique identification numbers (UIDs) and cards. The agency has been mandated by the government to develop, identify and set up the necessary infrastructure for issuing Aadhaar cards. The UIDAI was established in 2009 and functions as …