User: srikanthlogic Topic: IndiaStack
Category: Payments
Last updated: Jul 09 2019 22:26 IST RSS 2.0
 
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Minimum KYC Wallets for Low Value Transactions 9.7.2019 Govt of india: PIB
                                                     As apprised by the Ministry of Electronics and Information Technology (MeitY), Government of India has initiated incentive schemes such as BHIM cash-back scheme for individuals, BHIM incentive scheme for merchants, BHIM Aadhaar merchant incentive scheme for promotion and wider adoption of digital payment.
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State has 803 common service centres promoting Digital India 30.6.2019 Manipur: E-Pao
State has 803 common service centres promoting Digital India
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Congress’ income scheme for the poor is a ‘bluff announcement’, says Arun Jaitley 25.3.2019 Scroll.in - News that matters
The party has left behind a ‘legacy of poverty’ despite being in power for much of the time since Indira Gandhi’s ‘Garibi Hatao’ slogan, he said.
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In Jharkhand, Aadhaar woes are depriving NREGA workers of their wages 5.2.2019 Scroll.in
Because of Aadhaar authentication failures, some workers have not yet received wages for work they did in August.
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One Lakh villages to go digital over next five years 1.2.2019 Govt of india: PIB
India having emerged as the world leader in the consumption of mobile data, the Government now aims to widen its impact by reaching out to the interior and rural areas. While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal said the Government will make one lakh villages into Digital Villages over next five years.
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Govt transferred Rs 5.6 L cr to beneficiaries via Aadhaar enabled payment system 31.1.2019 Financial Chronicle
New Delhi The government has transferred Rs 5.6 lakh crore to beneficiaries of NREGA, LPG subsidies and other benefits using Aadhaar-enabled payment system. It is also facilitating 9.1 crore electronic transactions such as passport services and land records through the e-governance portal. “Good governance through the Aadhaar-enabled Payment System (AePS) has been an area of focus for the government in the last four years. We have transferred a total of around Rs 5.6 lakh crore across to beneficiaries of NREGA, LPG subsidies, etc. using AePS. In addition, we are currently facilitating 9.1 crore electronic transactions such as passport services, land records, etc. through the e-governance portal,’ said Vinay Thakur, director-project development, National eGovernance Division, Ministry of Electronics and IT, while speaking at the 27th Convergence India 2019 expo and conference. He also said that the government is also focusing extensively on developing BharatNet to bridge the digital divide between the ...
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Retail and Banking goes next version, dials Kirana and ration shops for last-mile 23.1.2019 Sify Finance
Hail the Kirana store, a ration shop that offers everything right from Yes bank's basic banking services to Myntra's fashion and accessories. Here's how banks and e-commerce behemoths seem to be overjoyed at an integration with Kirana stores.
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Ministry of Women & Child Development -Year End Review 2018 17.1.2019 Govt of india: PIB
Beti Bachao Beti Padhao (BBBP) Beti Bachao Beti Padhao is one the flagship programmes of the Government. It is a tri-ministerial, convergent effort of Ministries of Women and Child Development, Health & Family Welfare and Human Resource Development with focus on Awareness and Advocacy Campaign; Multi-sectoral action in select 405 districts (low on CSR) and Alert Media & Advocacy outreach in 235 districts; Effective enforcement of Pre-Conception and Pre Natal Diagnostic Techniques (PC&PNDT) Act and Enabling girls' education.
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Aadhaar a game changer: Jaitley 6.1.2019 Sify Finance
Crediting a "decisive" Prime Minister Narendra Modi for the evolution of the Aadhaar as a "game changer", Union Finance Minister Arun Jaitley on Sunday said Unique Identity Number (UID) has helped the government save around Rs 90,000 crore in the last few years by eliminating several duplicate and fake beneficiaries.
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Aadhaar Savings Can Fund 3 Schemes Size Of Ayushman Bharat: Arun Jaitley 6.1.2019 NDTV News - India-news
Terming Aadhaar as a "game changer", Finance Minister Arun Jaitley Sunday said savings made through its implementation can fund three public welfare schemes of the magnitude of Ayushman Bharat -- the...
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SBI promoting digital banking satisfactorily 1.1.2019 Manipur: E-Pao
SBI promoting digital banking satisfactorily
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Revamping of Pension Schemes 27.12.2018 Govt of india: PIB
Ministry of Rural Development has set up a National Social Advisory Committee to address the policy issues. On directions of the Committee, for taking informed decision for revamping the NSAP scheme by way of changes in admissible rates and the criteria, Ministry of Rural Development has already initiated steps for comprehensive third party evaluation of the schemes.
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Year End Review-Key Achievements: 2018 21.12.2018 Govt of india: PIB
The Digital India Programme of the Government aims to transform India into a knowledge-based economy and digitally empowered society by ensuring digital access, digital inclusion, digital empowerment and bridging the digital divide.
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Digital Transactions Registered Tremendous Growth 9.11.2018 Govt of india: PIB
Over the past two years, Digital payment transactions have registered tremendous growth in India. New payment modes – Bharat Interface for Money-Unified Payments Interface (BHIM-UPI), Aadhaar enabled Payment System (AePS) and National Electronic Toll Collection (NETC) – have transformed digital payment ecosystem by increasing Person to Person (P2P) as well as Person to Merchant (P2M) payments.
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Schemes under DBT surveyed 28.10.2018 Manipur: E-Pao
Schemes under DBT surveyed
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UIDAI clears the air on linking Aadhaar with bank accounts 19.10.2018 Rediff: Business
The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.
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Aadhaar Authentication To Withdraw LPG Subsidy To Continue: UIDAI 19.10.2018 NDTV News - Top-stories
Aadhaar-issuing authority UIDAI said Thursday beneficiaries can continue to withdraw LPG subsidy and other government payments using Aadhaar authentication from micro-ATMs at their doorstep.
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Khandu launches India Post Payments Bank 3.9.2018 The Assam Tribune
Khandu launches India Post Payments Bank
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IAS Officers should take the most important role of translating ‘Swarajya’ to ‘Surajya’: Vice President 3.8.2018 Govt of india: PIB
The Vice President of India, Shri M. Venkaiah Naidu has asked IAS officers to take the most important role of translating “Swarajya” to “Surajya.” He was interacting with the Officers of 120th Induction Training Course of Lal Bahadur Shastri National Academy of Administration (LBSNAA) of Mussoorie, here today.
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Identification of Beneficiaries Without Aadhaar 2.8.2018 Govt of india: PIB
As per section 7 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, any individual who is desirous of availing any subsidy, benefit or service for which the expenditure is incurred from the Consolidated Fund of India, shall require to furnish proof of possession of Aadhaar number or undergo Aadhaar based authentication.
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