Direct Transfer

To prevent idling of funds in future, the finance minister suggested direct transfer to beneficiary and setting up of a payments bank to make this possible

Govt saved Rs 36k cr in one year by plugging leakages via JAM

Jan Dhan-Aadhar-Mobile trinity, commonly known as JAM, helped the Government save leakages worth Rs 36,000 crore in subsidies and benefits provided to the poor, during the last one year, Union Minister Ravi Shankar Prasad today said.

How digital revolution can push financial inclusion

In a CNBC-TV18 panel interview, a number of star speakers came together to discuss what India is and can do to push financial inclusion through the digital revolution.

Direct transfer of cash sops on LPG from June

The government will from June 1 roll out direct transfer of cash subsidy on cooking gas (LPG) in 20 districts as it looks to cut its subsidy outgo by up to Rs 10,000 crore annually by eliminating diversions.