Direct Benefit Transfer scheme News
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The quantum of hike was doubled through an order dated May 30, 2017.
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Use of Aadhaar card and seeding of bank accounts with Aadhaar numbers is purely voluntary and it is not mandatory," RBI said in a communication to banks.
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The entire direct benefit transfer(DBT) scheme for distribution of government subsidy is likely to be handled by the Post Bank -- the new payments bank which will be under the Department of Posts.
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PM Narendra Modi on Sunday addressed the nation in the 15th edition of the 'Mann Ki Baat'. Here is all the PM said in the year's last edition of the popular radio programme:-
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The government must roll out Goods & Services Tax (GST) from next fiscal as it is likely to boost economic growth by 2 percent, Godrej Group Chairman Adi Godrej said Tuesday.
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Prime Minister Narendra Modi on Saturday reviewed the progress of implementation of the scheme for paying subsidy on cooking gas (LPG) directly into bank accounts of consumers.
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Over six crore bank accounts have been opened so far under the Pradhan Mantri Jan Dhan Yojana (PMJDY), Finance Minister Arun Jaitely said on Saturday.
The modified scheme will be initially re-launched in 54 districts from mid-November and in rest of the country from January 1.
The Union Cabinet on Saturday approved the modified direct benefit transfer scheme which will alleviate the hardships of the LPG consumers faced by them in the earlier scheme.
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