In a bid to accelerate self employment opportunities, the finance ministry has decided to organise Mudra Promotion Camps across the country beginning September 27 from the Prime Minister’s constituency Varanasi. As part of the special drive, 50 camps, including one each in state capitals, will be…
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India needs its MSMEs to go cashless: Report
Almost eight months after demonetisation, India is slinking back to using cash as its primary mode of financial transactions. While the government has undertaken several initiatives to induce the consumers to go digital, a report by the Boston Consulting Group (BCG) predicts that it would be far …
Number of handicraft artisans declining in Nagaland
Kohima: There has been a decline in the number of handicraft artisans in Nagaland, with fewer than 10,000 registered as compared to 40,000 artisans in the state some few years back. This was stated by Assistant Director (Handicrafts), Development Commissioner (Handicrafts) Marketing & Service…
Budget 2017: A hit or a miss for entrepreneurship in India? Start-ups respond
The biggest day on India’s policy calendar had a slew of announcements directed at the middle class and the rural sector, but few that shone a spotlight on the burgeoning startup ecosystem in India. India’s payment industry, however, has much to cheer about with the proposed regulator…
Budget 2017: A thumbs up for ‘Digital India’ – FM unveils series of reforms
In a big push to digital economy, Finance Minister Arun Jaitley in his Budget announced a plan to boost digital transactions by removing service tax on railway tickets booked via IRCTC portal, establishing a travel portal for Indian defence forces and launching Aadhaar Pay, a merchant app for Aad…
Highlights of Union Budget 2017-18
The 2017 Union Budget, presented by Finance Minister Arun Jaitley on February 1, was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public serv…
Budget 2017: Expectations & predictions by start-ups & tech leaders
All eyes in the country are on the Union Budget 2017, which will be announced on February 1. Post the demonetisation exercise, this will be a chance for the government to take stock, and set the terms for the future. Businesses will be looking at Budget 2017 for breaks to help offset any upset du…
Budget 2017: FM should announce incentive on cashless transactions, better IT backbone
Reserve Bank of India might not have officially acknowledged, yet over 95 per cent of the demonetized currency of 500 and 1000 notes has returned into circulation. The Government still hopes to unearth 3-4 lakh crores of unaccounted wealth, deposited in the banks. Income Tax department with help …
आधार फाइनेंशियल ट्रांजैक्शन का केंद्र बिंदु बन रहा है: UIDAI, CEO, डॉ अजय भूषण पांडे
नोटबंदी के बाद जिस तरह से केंद्र सरकार डिजिटल ट्रांजैक्शन को बढ़ावा दे रही है। उसमें आधार का एक अहम रोल बनता नजर आ रहा है। यहीं नहीं आधार बेस्ड (आधारित) ट्रांजैक्शन कैश से लेकर दूसरे सभी ट्रांजैक्शन में सबसे ज्यादा सुरक्षित है। ऐसा आधार नंबर देने और उसके अथंटिकेशन का काम करने वाली अथॉरिटी यूनीक […