India Post Payments Bank (IPPB) has recently achieved the milestone of two crore customers. IPPB was launched by the Indian Prime Minister on September 1, 2018, with the main objective of financial inclusion. In September 2019, the payments bank launched the Aadhaar-enabled payment system (AePS) services. And then, it has become the single largest platform in the ..
Aadhaar: GK, Current Affairs, Questions, Trivia and News
The government has allowed migrants to change address on Aadhaar by giving self declaration. It will help them open bank account and promote financial inclusion. The changes were made by amending the Prevention of Money-laundering (Maintenance of Records) Rules as per the gazette notification issued on 13 Nov. This move will allow an individual to ..
Braj Raj Sharma, a 1984-batch IAS officer of J&K cadre, has been appointed as Chairman of Staff Selection Commission (SSC). He succeeded Pankaj Kumar, who recently became the new CEO of the Unique Identification Authority of India (UIDAI).
Pankaj Kumar, a 1987-batch IAS officer, has been appointed as the new CEO of the Unique Identification Authority of India (UIDAI). The UIDAI is a statutory authority under the provisions of the Aadhaar Act of 2016 under the Ministry of Electronics and Information Technology (Meity) with the mandate to issue UID or Aadhaar to all ..
Ministry of Electronics and Information Technology launches an Automated Real Time Performance Smart-board
Union Ministry of Electronics and Information Technology (MEITY) has launched an Automated Real Time Performance Smart-board for effective monitoring and measurement of the key programmes of the government such as Digital India, Aadhaar, Digital Payments etc. The aim of Smart-board is to be a single window access for Centre, State or District specific projects implemented ..
Prime Minister Narendra Modi launched the National Pension Scheme for Traders and Self Employed Persons with annual turnover not exceeding Rs 1.5 crore. About the Scheme It is a voluntary and contributory pension scheme for traders in the age group of 18 to 40 years The scheme provides for minimum assured pension of Rs 3,000 ..
In a major boost to national food security, the Government of India (GoI) has launched the One Nation-One Ration Card scheme on a pilot basis in Telangana, Andhra Pradesh, Maharashtra and Gujarat from 1st August 2019. Families who have food security cards can buy subsidized rice and wheat from any ration shop in these states. ..
Aadhaar architect Nandan Nilekani has launched an account aggregator model – Sahamati – via which, individuals and small businesses can share their digital financial data with third-parties in a safe and secure manner. For example, a user seeking a loan will be able to quickly share bank statements and other details required by lending institutions ..