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Cash Transfers


'Cash Transfers' - 12 News Result(s)

  • RBI panel for raising priority sector lending cap to 50 per cent

    RBI panel for raising priority sector lending cap to 50 per cent

    While favouring direct cash transfers to farmers to pay any kind of interest subvention or debt waiver, a Reserve Bank of India panel on Tuesday recommended raising the priority sector lending (PSL) target to 50 per cent from the current 40 per cent.

  • LPG subsidy to be covered by direct cash transfers

    LPG subsidy to be covered by direct cash transfers

    The government has decided to expand its Direct Cash Benefits Transfer Scheme to another 78 districts starting July 1. New states that will be covered by the scheme include Bihar, Gujarat and Uttar Pradesh.

  • LPG subsidy to be covered by direct cash transfers

    LPG subsidy to be covered by direct cash transfers

    Prime Minister Manmohan Singh on Friday said he had been informed that the process of tracking and monitoring system in Direct Benefit Transfers (DBT) was "unsatisfactory" and asserted that there was a need to track funds and information about the be...

  • Amazon fighting $234 million tax deficiency in US tax court

    Amazon fighting $234 million tax deficiency in US tax court

    Amazon.com Inc is challenging a $234 million US tax bill, contesting Internal Revenue Service tax calculations for cash transfers between the parent company and its European subsidiaries, according to a court filing.

  • Direct cash transfer of subsidies will be delayed if systems not in place, says P Chidambaram

    Direct cash transfer of subsidies will be delayed if systems not in place, says P Chidambaram

    Finance Minister P Chidambaram said today that the direct cash transfer of subsidies will miss its January 1 launch in districts where necessary arrangements, such as a digitised list of beneficiaries with the banks, are not in place.

  • PM's office asks ministries to speed up work on cash transfer scheme

    PM's office asks ministries to speed up work on cash transfer scheme

    the Prime Minister's Office (PMO) has instructed ministries and departments to immediately start work for the rollout of the direct cash transfer of subsidies programme from January 1.

  • Chidambaram sets stage for launch of Direct Cash Transfer scheme on January 1

    Chidambaram sets stage for launch of Direct Cash Transfer scheme on January 1

    A day after Prime Minister Manmohan Singh formally announced direct cash transfers (DCT) to beneficiaries of subsidies, Finance Minister P Chidambaram said that 42 schemes have been identified for the same, which include food, fertilisers and NREGA. ...

  • PM launches Aadhar-based direct cash transfers in 51 districts of India

    PM launches Aadhar-based direct cash transfers in 51 districts of India

    From January 1, 2013, this scheme is expected benefit people in 51 districts across the country, where Aadhar cards have been distributed in large numbers. The government aims to cover the entire country by the end of next year, ahead of the 2014 ele...

  • India risks backlash hurrying through Aadhaar project

    India risks backlash hurrying through Aadhaar project

    Villagers say while they now pay market rates for kerosene, the cash transfers due to them are often not deposited in their accounts.

  • Prime Minister's scheme for direct cash transfer to subsidy beneficiaries: PMO statement

    With an aim to check corruption and pilferage of subsidised items, Prime Minister Manmohan Singh has set up a scheme of direct transfer of cash to intended beneficiaries that is expected to cover one quarter of households. Here is the full statement...

  • Prime Minister leads initiative for direct cash transfer to subsidy beneficiaries

    Prime Minister leads initiative for direct cash transfer to subsidy beneficiaries

    The Prime Minister has begun the process of developing a system that will allow cash to be transferred directly to the bank accounts of those who qualify for government subsidies and schemes. A committee headed by him will supervise the plan and dead...

  • Banks offer cash transfers to cell number, e-mail

    Banks offer cash transfers to cell number, e-mail

    Three of US' four largest banks are launching a system that lets customers transfer money from their checking accounts using only a mobile number or e-mail address. The banks say the service, called clearXchange, will make payments easier than traditional money transfers, which require a ban...

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