Livelihoods News

A new fluorescent blue Rs 50 banknote in the Mahatma Gandhi series, slightly smaller and slimmer than the existing note will soon be introduced by the Reserve Bank of India.

All earlier notes will also continue to be legal tender. The dimensions of the new note will be 66mm x 135mm. While the height is the same as the new Rs 500 and Rs 2,000 banknotes which were issued after demonetization, the width is lesser than the Rs 500 banknote.

Stressing that the government alone cannot build a New India, Prime Minister Narendra Modi on Thursday prodded young entrepreneurs to devise systems and solutions that help in “improving governance”. Seeking participation of different sections of society in improving governance, he said that in earlier times, “the role of the government was very limited” and social initiatives catered to the requirements of people in fields such as education and healthcare. He also highlighted the measures taken by the government to uproot corruption.

Reserve Bank of India (RBI) on Wednesday said that farmers need to mandatorily link Aadhaar numbers to their accounts to avail subsidised farm loan.

In line with the government's policy, the RBI on Wednesday said farmers can avail of short-term crop loans of up to Rs 3 lakh at subsidised interest rate of 7% that could go down to 4% on prompt repayment.

PM Narendra Modi, in his Independence Day speech, talks about building a new India by 2022, resolution of Kashmir issue, and the importance of GST and demonetization

With the slogan of “Bharat Jodo”, Prime Minister Narendra Modi on Tuesday asked the people of the country to come forward to build a New India in the next five years which will be free from caste and religious differences, corruption and terrorism, and where people will have access to basic facilities like housing, power and water.

Addressing the nation on the 75th Quit India Movement in the Lok Sabha, Prime Minister Narendra Modi on Wednesday urged everyone to work for a “New India” – a country that protects and encourages its women, a country free of poverty, corruption, terrorism, casteism, and communalism.

He further added that from 2017 to 2022, the government will work towards achieving goals set by the freedom fighters.

NEW DELHI, INDIA —The government of India and the International Rice Research Institute (IRRI) recently furthered their partnership for food and nutrition security and capacity development in the South Asian region.

More mothers with young children could opt for paid work if they found reliable alternative caregivers to take care of family-related responsibilities, a survey in Rajasthan’s Udaipur district shows.

The baseline survey of 3,177 mothers with children in the 1-6 years age group has found that on average the respondents spent 9.4 hours each day doing some kind of unpaid work as against 17 minutes per day doing paid work.

The goods and services tax (GST) has drastically reduced the tax rates on purchase of foodgrains in the country, besides correcting the wide disparities in the tax incidences among major grain-producing states. The development would reduce the tax burden on the state-run Food Corporation of India, the operations of which are funded out of the Centre’s subsidy budget. Also, procurers including private traders are now finding it easier to do business with grain-surplus states as tax liability is no longer a determinant of their market decisions.

New Delhi: New Delhi-based not-for-profit Digital Empowerment Foundation (DEF) plans to train 100 women in digital entrepreneurship over the next one year.

The organisation, through its rural wireless information entrepreneurship programme SoochnaPreneur, seeks to identify and train entrepreneurs who can eventually set up rural information enterprise units (Soochna Seva Kendras/Information Service Centres).

India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, the agriculture sector and farmers have been driven to the brink, shows an IndiaSpend analysis. Output of foodgrains in India increased from 50.82 million tonnes in 1950-51 to 252.22 million tonnes in 2015-16, according to the Agriculture Statistics At A Glance 2016 report.

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