P Jayaram Bhat, MD and CEO, Karnataka Bank Ltd said that the Pradhan Mantri Jan-Dhan Yojana (PMJDY) aims at encouraging savings, availing credit from banks and rooting of government subsidies and benefits to directly to the beneficiaries accounts.
The Madhya Pradesh government has decided
to give a subsidy totalling Rs 1,776 crore on the tariff fixed
by the Electricity Regulatory Commission this fiscal to
provide relief to power consumers in some categories.
State-run oil marketing companies will get around Rs.12,000 crore from the central government as subsidies, less than half of the Rs 31,700 crore sought by the petroleum ministry, a government official said Friday.
institutions are planning to take a slew of measures
including increasing tuition fee and charging user fee for
internet as the government has asked them to generate
additional resources from students.