Search Results for: Ministry of Finance

Prime Minister Narendra Modi

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh. Aug 28, 2024
IMF Boosts Egypt's Economy with $820 Million Aid

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face. Aug 27, 2024
Centre cuts timeline for public grievance redressal to 21 days

Centre Slashes Public Grievance Redressal Timeline from 30 to 21 Days

The Indian government has issued comprehensive guidelines to reduce the timeline for public grievance redressal to 21 days from the previous 30 days. This development was announced on August 27, 2024, and is expected to bring about a significant change in the way public grievances are handled in the country. Aug 27, 2024
RG Kar scam: ED to enter investigation by filing ECIR

RG Kar scam: ED to enter investigation by filing ECIR on Principal Sandip Ghosh

More trouble seems to be brewing for the former and controversial Principal of R.G. Kar Medical College & Hospital, Sandip Ghosh, as the Enforcement Directorate (ED) is also entering the scene by filing an Enforcement Case Information Report (ECIR) regarding financial irregularities there during his tenure. Aug 27, 2024
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