Friday, November 22

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Govt Woos Investors To Tap India’s Agri Sector

Agriculture Minister Radha Mohan Singh today called upon investors to leverage opportunities in the country’s farm, dairy, poultry and fisheries sectors. The government is implementing various schemes to promote these sectors in order to double farmer’s income by 2022, he said at the World Food India 2017 event here. “…the world is eager to study […]

Indian Govt Permits Banks To Sell More Small Savings Schemes

In order to encourage savings, the government has allowed banks, including top three private sector lenders, to accept deposits under various small savings schemes like National Savings Certificate (NSC), recurring deposits and monthly income plan. Until now, most of the small savings schemes were sold through post offices. According to a recent government notification, banks […]

Aadhaar Helped Indian Govt Save USD 9 Billion: Nandan Nilekani

The Indian governments Aadhaar card scheme, which has enrolled more than 1 billion people, has helped the exchequer save about USD 9 billion by eliminating fraud in beneficiary lists, its architect Nandan Nilekani has said here. The system, launched by the previous UPA government, has been “enthusiastically” supported by the current government led by Prime […]

Karnataka Govt Signed MoUs With Eight Companies, Including Google and PwC

The Karnataka government today signed MoUs with eight companies including Google and PwC to cater to the needs of the identified 100 startups under the state’s ‘Elevate 100 programme.’ “Google which will provide $3000 worth of cloud credits for startups registered with Startup Cell and $20,000 worth of cloud credit for startups who are winners […]

Indian Govt is Working on Data Protection Law

The government is working on exclusive framework on data protection to strengthen privacy provisions and check misuse of personal information, a top official said. IT Secretary Aruna Sundararajan said that the government has “already taken cognisance of the fact that data is being put out indiscriminately in certain cases”. She said that the IT ministry […]

Axilor Ventures Announces 20 Startups that Made To Its Fifth Accelerator Batch

Bangalore, April 13, 2017: Axilor Ventures announced the list of 20 startups that made it to its Summer’17 accelerator batch. This is its fifth batch and is the largest accelerator cohort in India. Talking of the new accelerator cohort, Ganapathy Venugopal, Co-founder and CEO of Axilor said, “The institutional capacity to support early stage startups […]

Save 46 percent Tax Using Digital Transaction- Indian Govt to Small Traders

Government today said small traders will be able to save up to 46 per cent in tax by migrating from cash to digital transactions as the decision to tweak the presumptive income norms would reduce tax liability. “Apart from making a tax saving of almost 46 per cent by migrating to banking mode, the small […]

Swachh Internet- Indian Govt to Soft Launch Malware Cleaning System From Dec 20

Government will kick start operations of a long-awaited malware and botnet cleaning centre with soft launch on December 20, a programme aimed at automatically disinfecting computers and mobiles from viruses and malicious software for free. “Major cybersecurity initiative of Digital India. Soft Launch of BotNet cleaning centre of India CERT from December 20,” Ministry of […]

Indian Govt Will Release Aadhaar Linked e-payments App Soon

Government will soon launch a mobile application to facilitate Aadhaar-linked digital payments and roll out a nation-wide programme to train over 1 crore people on e-payments. “We are going to promote Aadhaar-enabled payment system (AEPS) in coordination with Finance Ministry. About 40 crore bank accounts have been linked to Aadhaar,” IT and Law Minister Ravi […]