In the interim budget, Finance Minister Piyush Goyal announced direct income support of Rs 6,000 per year to 12 crore small and marginal farmers holding cultivable land up to 2 hectare.

Experts say that while announcing such a scheme is easier, the challenge is in getting the design of the scheme correct.

Suppression of unpleasant employment data will not help; proper analysis of such data and strategic planning will do.

NPAs being written off and revenue being foregone every year for India's rich can easily fund Minimum Income Guarantee scheme

The idea of UBI is not new but in the past few years, it has resurfaced globally in a very big way as a means of redistributing income.

Not complying with KYC updation requests can lead to your bank account getting partially frozen - which affects debit transactions - and subsequently shut down completely.

IPPB will leverage reach of 1.55 lakh post office branches to provide banking and financial service to people in rural areas. This will create the country's largest banking network with direct presence at village level.

Prime Minister Narendra Modi on August 21 will launch long-awaited India Post Payments Bank (IPPB) that will have at least one branch in every district and focus on financial services in rural areas, a senior official said.

You can set up a maximum security biometric identity system in a high security facility with all round controlled access but the moment you take it to a national level, it develops any number of leakage points.

In the amended Customer Due Diligence (CDD) procedure, RBI said, \"The Aadhaar number, the PAN or Form No. 60\" need to be obtained from an individual who is eligible for applying for the biometric ID.

The central government is failing to ensure timely payments for the work carried out by labourers under the Mahatma Gandhi National Rural Employment Guarantee Act (MN-NREGA) scheme in the past few months, complains a civil society group.

A coalition of civil society groups has asked Narendra Modi government to announce a Rs 200,000 crore agricultural debt relief package in the forthcoming Union Budget 2018.

The Budget Session of Parliament kicks-off today and the Economic Survey, the government's report card on economic performance in the past year, will be tabled soon.

ICRA's note on pre-budget expectations says that the agency expects enhanced allocations for infrastructure, such as affordable housing, roads, railways, ports, inland waterways and smart cities, to help jumpstart investment activity and economic growth in India.