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Aadhaar card not mandatory for DBT scheme, clarifies RBI

Aadhaar card not mandatory for DBT scheme, clarifies RBI

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.

Payment banks of post offices likely to handle direct subsidy transfers

Payment banks of post offices likely to handle direct subsidy transfers

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.

Now, get subsidy for kerosene in bank account from April 1

Now, get subsidy for kerosene in bank account from April 1

Zee Media Bureau

New Delhi: Government will directly transfer the subsidy for kerosene to bank accounts from April 1.

From 'Startup India' to 'Divyaang', what all PM Narendra Modi said in last 'Mann ki Baat' of 2015

From 'Startup India' to 'Divyaang', what all PM Narendra Modi said in last 'Mann ki Baat' of 2015

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:-

GST rollout to boost growth by 2%: Adi Godrej

GST rollout to boost growth by 2%: Adi Godrej

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.

PM Modi reviews progress of LPG subsidy transfer scheme

PM Modi reviews progress of LPG subsidy transfer scheme

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.

6.02 crore bank accounts opened under Jan Dhan scheme

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.

Aadhar not must for LPG subsidy under modified DBT

The modified scheme will be initially re-launched in 54 districts from mid-November and in rest of the country from January 1.

Modified direct benefit transfer scheme to be relaunched

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.

Govt not reimbursing money paid for LPG direct subsidy: Oil cos

IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.

PM to meet ministries on July 30 on DBT implementation

To be attended by Finance Minister P Chidambaram, the meeting is likely to discuss the contours of the scheme and streamlining the transfer of LPG subsidy through the Aadhaar platform.

No cash subsidy to food card holders for now: Secy

The direct benefit transfer scheme for cooking gas (LPG) may have been termed a success, but the government is not yet thinking of giving cash subsidy to ration card holders, a top official said on Tuesday.

Depts rolling out DBT to be exempt from expenditure cap: FinMin

The Finance Ministry Wednesday said the government departments which have rolled out scholarships or schemes under the Direct Benefit Transfer (DBT) will be exempted from the expenditure cap in January-March quarter.

Direct cash transfer will not lead to misuse, says Montek

According to Ahluwalia, direct benefit transfer scheme of government will be a game changer and a very important instrument for the financial inclusion of people of the country.

ADB says will recommend DBT to other developing nations

Lauding the government's Direct Benefit Transfer scheme, multilateral funding agency Asian Development Bank on Saturday said it will advise other developing nations to implement it in order to check corruption and prevent leakages in subsidies.

Direct Benefit Transfer Scheme rolled out in Rajasthan

Centre`s ambitious Direct Benefit Transfer Scheme was on Tuesday rolled out in three districts of the Rajasthan.

Chandigarh rolls out Direct Benefit Transfer scheme

The Chandigarh Administration on Tuesday rolled out the ambitious Direct Benefit Transfer scheme of the Centre which would benefit 1,384 persons.