In a significant move to modernise India’s subsidy delivery system, the Government of India will launch a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry on February 26, 2026. The initiative aims to enhance transparency, efficiency and accountability…
Tag: #FinancialInclusion
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Scindia Addresses Mega GDS Sammelan in Guntur
The Department of Posts organised a massive Gramin Dak Sevak (GDS) Sammelan in Guntur, bringing together more than 9,000 GDS employees from across the Andhra Pradesh Circle. Union Minister for Communications and DoNER Shri Jyotiraditya M. Scindia addressed the gathering, describing Gramin Dak Sevaks as the backbone of India’s rural…
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India Hosts EU FEMM Delegation to Advance Gender Equality
New Delhi: The Ministry of Women and Child Development (MWCD), Government of India, hosted a 17-member delegation from the European Parliament’s Committee on Women’s Rights and Gender Equality (FEMM Committee) during its official mission to New Delhi from February 16 to 20, 2026. The delegation, led by Ms. Lina Gálvez,…
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Shivraj Singh Chouhan Drives 6 Crore ‘Lakhpati Didis’ Mission
NEW DELHI, FEBRUARY 19: Union Minister for Rural Development and Agriculture & Farmers’ Welfare, Shri Shivraj Singh Chouhan, has issued directions to accelerate the creation of 6 crore ‘Lakhpati Didis’ under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY–NRLM). The announcement came during a high-level review meeting at…
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DAY-NRLM Workshop Spurs Women-Led Procurement Growth
NEW DELHI, FEBRUARY 19: The Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM), in collaboration with PCI India, convened a National Learning Dissemination Workshop on “Scaling Women Enterprises through Public Procurement” in New Delhi on 17th February 2026. The event aimed to strengthen the integration of women-led Self-Help Group…
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DFS Reviews Business Correspondent Network at 10th Meeting
New Delhi, February 17, 2026: The Department of Financial Services (DFS) convened the tenth meeting of the Monitoring Committee on Business Correspondents (BCs), reviewing progress on financial inclusion initiatives and strengthening the BC ecosystem across the country. High-Level Participation The meeting was chaired by Shri M. Nagaraju, Secretary, DFS, and…
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DFS Chintan Shivir 2026 Focuses on Viksit Bharat 2047
The two-day Chintan Shivir of the Department of Financial Services (DFS), Ministry of Finance, concluded successfully in Coorg, Karnataka, with a clear message: India’s financial institutions must evolve boldly to achieve the vision of Viksit Bharat@2047. The high-level deliberations brought together senior policymakers, banking leaders and domain experts to chart…
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MSME Investments Surge in Northeast India
New Delhi: The Central government has intensified efforts to promote investments in MSMEs in Northeast India, with the Rising Northeast Investors Summit 2025 attracting investment interest worth ₹4.48 lakh crore. The update was shared in the Rajya Sabha by Minister of State for Development of North Eastern Region (MDoNER), Dr….
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RBI Launches Financial Literacy Week 2026 on Safe Banking
The Reserve Bank of India (RBI) has launched Financial Literacy Week 2026 (FLW-2026), a nationwide awareness campaign aimed at strengthening safe banking practices among citizens, with a sharp focus on Know Your Customer (KYC) norms. The initiative underscores KYC as the first and most critical step toward protecting individuals from…
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PM SVANidhi Scheme Strengthened, Boosts Street Vendors’ Income
The Centre’s flagship PM SVANidhi scheme has shown significant improvement in empowering urban street vendors, with strong evidence of rising incomes, improved access to formal credit, and growing digital adoption. The Ministry of Housing and Urban Affairs informed Parliament that the scheme’s redesigned structure has strengthened livelihoods while preventing over-indebtedness…