Subsidy Transfer News

Politics

Users’ consent must for changing bank accounts to receive subsidies: UIDAI

Subsidy from government welfare schemes are getting transferred to the bank account most recently linked to Aadhaar and not the designated bank account

2 min read20 Dec 2017
Opinion

Universal Basic Income is not feasible for India

Instead of a Universal Basic Income, what India needs is rationalization of subsidies, better targeting, and operational efficiency

4 min read16 Oct 2017
Politics

After a billion Aadhaar cards, UIDAI readies for next phase

The next phase will involve constant data updates, ramping up of capacity to handle half a billion transactions a day, says UIDAI CEO AB Pandey

2 min read29 Jul 2016
Politics

Govt to start direct kerosene subsidy transfer this fiscal: oil minister

Pradhan says oil ministry is in talks with state govts to launch the scheme in 25 districts

1 min read12 Jun 2015
Opinion

De-jargoned: Business correspondent

BCs work in far-flung areas where the bank does not have a presence, but wants to provide services.

1 min read6 Dec 2012

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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