Page-5 of Economy of India

Over 14 lakh join Pradhan Mantri Kisan Maan Dhan Yojana

The government had launched the Pradhan Mantri Kisan Maan Dhan Yojana to provide social security through pensions for small and marginal farmers. How did the enrolment go? The scheme was rolled out in the month of August and in a ..

What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?

The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business ..

Employees’ State Insurance Corporation (ESIC) tiews up with SBI for DBT facility

The Employees’ State Insurance Corporation (ESIC) has partnered with State Bank of India (SBI) for direct transfer of benefits electronically into bank accounts of all stakeholders. As per pact, SBI will provide e-payment services directly to bank accounts of all ..

Wipro bags $300 mn contract from ICICI Bank to provide digital technology led services

The digital transformation and IT services major, Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank to provide digital technology led services. Under the contract, Wipro will offer a comprehensive suite of services to ..

Ashok Leyland becomes India’s first commercial vehicle maker to get BS-VI certification for heavy duty trucks

Ashok Leyland has become the first Indian Original Equipment Manufacturer (OEM) to meet the Bharat Stage VI (BS-VI) emission norms across its full range of heavy-duty trucks with gross vehicle weight of 16.2 tonnes and above. The company has recently ..

Merger of Public Sector Banks

The government has unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders. Proposed Merger Punjab National Bank, Oriental Bank of Commerce and United Bank of India will combine ..