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The Centre’s subsidy bill for the current fiscal is likely to be higher than the budgeted ₹2.27-lakh crore by at least ₹40,000 crore, largely on account of higher spending on food and fertiliser.
Data with the Comptroller General of Accounts (CGA) show that expenditure by the Department of Fertilisers touched 92 per cent of the budget estimate (BE) by November this fiscal, while spending by the Department of Food and Public Distribution has already exceeded the full year target to touch 108 per cent of the BE.
Low oil prices helped contain the expenditure by the Ministry of Petroleum at 54 per cent of the BE by end-November 2020.
Aadhar payment systems gathers steam, trumps ATM withdrawals
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With less than a quarter of the 2.3 lakh ATMs deployed in rural areas in the country, account holders are growing increasingly comfortable withdrawing cash from neighbourhood bank agents and merchant shops which double down as ‘micro-ATM’ points.
Agencies
MUMBAI: The Covid-19 pandemic has led to a surge in the adoption of cash withdrawals through Aadhar-enabled Payment Systems (AePS) that have doubled since last year, replacing the age-old dependence on teller machines where transactions halved in the same period.
With less than a quarter of the 2.3 lakh ATMs deployed in rural areas in the country, account holders are growing increasingly comfortable withdrawing cash from neighbourhood bank agents and merchant shops which double down as ‘micro-ATM’ points.
Prayagraj: Union minister of state for communications Sanjay Dhotre launched the Five-Star Villages scheme in Prayagraj at an event at head post office on Friday evening and announced the list of villages in the state covered under it. Five-Star Villages scheme aims to ensure universal coverage of flagship postal schemes in rural areas of the country.
The department of posts has divided UP into seven regions. In phase-one, 151 villages have been selected, including 41 in Agra region, 26 in Lucknow region, 35 in Bareilly region, two in Ghaziabad, 15 in Varanasi, 25 in Kanpur and seven villages from Allahabad region.
Among these five villages are from Pratapgrah and two from Sultanpur district. Sarai Nahar Rai, Tiwaripur, Hanuman Misir, Parsa Dadwa, Pure Tikai kaa pura, Fakir ka purva and Kanaura villages of Pratapgarh and Sultanpur figure in the list. The districts in Allahabad region include Prayagraj, Pratapgrah, Kaushambi, Sultanpur and Mirzapur.