Sukanya Samriddhi Yojana is launched by the government of India for the betterment of a girl child. Parents can build the fund for higher education or other expenses of a girl child with this saving scheme. What is Sukanya Samriddhi Yojana For Girl Child? Under the Beti Bachao Beti Padhao Yojana, this...
Affordable Rental Housing Complexes (ARHCs), introduced by the Ministry of Housing and Urban Affairs as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U), seek to provide reasonably priced rental housing in close proximity to workplaces for urban migrants and economically vulnerable individuals in both the industrial sector and the...
Holding on to a new house is a dream of countless people. And to pave the way for this dream to come true, the government of India initiated Pradhan Mantri Awas Yojana PMAY on June 17, 2015. The government's motive is " Housing for All" and was to initiate loans...
Affordable Rental Housing Complexes (ARHCs), introduced by the Ministry of Housing and Urban Affairs as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U), seek to provide reasonably priced rental housing in close proximity to workplaces for urban migrants and economically vulnerable individuals in both the industrial sector and informal...
The Reserve Bank of India is preparing to launch its central bank digital currency (CBDC), legally recognised as the digital rupee. It will be interchangeable with traditional money, usable for payments, and secure for storing value. Referred to as the e or digital rupee, RBI’s CBDC provides an alternative for...
India's very own E- Rupee is a noncontact electronic payment that is fully cashless that was launched by the Reserve Bank of India (RBI), on December 1, 2022. The E-Rupee holds the same value as the physical money which means that Rs 1 in cash is equal to 1 digital rupee....
What is e-RUPI?India’s Government plans to leverage digital infrastructure for seamless delivery of welfare packages. Taking inspiration from other countries like the United States and Hong Kong, India is introducing a new payment system called “e-RUPI,” utilizing prepaid vouchers for specific purposes. As a fintech pioneer, this move could lead...
