Uttar Pradesh Cm Yogi Adityanath is going to start a new compaign as on behalf of Make in India. On regard of this he has asked from the officials of the state about “Make in Up” programe. Acording to chief minister this will grow the overall financial status of the state as a lot of financial companies and investors will be investing in Make in UP programme. Job opportunities will also increase in the state. » Read more
South Korean company Motors will be investing Rs 10,000 crore in India. It will be one of the biggest foreign investments in the country. Earlier, Hyundai Motor had its first unit in Andhra Pradesh after exploring four states of the country for two years. » Read more
Good News – Under BHIM(Bharat Interface for money)Volunteers of the Bharatiya Janata Yuva Morcha (BJYM) have decided to train 15 lakh youngsters . This decision has been taken by further Prime Minister Narendra Modi’s digital initiative. This training programme started on April 8 and will continue till April 14 (the birth anniversary of Dr Bhimrao Ambedkar). During this week, BJYM will train about 15 lakh youths about BHIM App.
15 lakh youngsters to be trained to use BHIM App
BHIM (Bharat Interface for Money) is a Mobile App developed by National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI). It was launched by Prime Minister Modi, at a Digi Dhan mela at Talkatora Stadium in New Delhi on December 30, 2016. This app has been named after Bhim Rao Ambedkar and is intended to facilitate e-payments directly through banks and as part of the 2016 Indian banknote demonetization and drive towards cashless transactions.
Awareness drive in Lucknow has already been started and adjoining areas about the the benefits of the BHIM App, and it will facilitate cashless transaction under programme
Hyperloop One a company hosted it’s first summit in India New Delhi . Under this summit Hyperloop discussed India’s most promising Hyperloop routes. Hyperloop showed the possibility of travelling to Mumbai from Delhi in just 55 minutes, faster than any commercial airline using its pipe train. It also placed vision of One India. Hyperloop One Vision For India summit also showcased five Hyperloop One Global Challenge (HOGC) semi-finalist teams from India, hence to increase the transportation speed in India.
A central Bank customer wins One Crore in Lucky Draw under Lucky Grahak Yojana. This change has come in person life by doing a transaction of Rs 1,590 . The lucky bounty of Rs 1 crore under the government’s promotional scheme to popularize digital payments has been given to the customer.The winner was selected by President Pranab Mukherjee from the 100th draw of lots under digital payments promotion schemes at Rashtrapati Bhavan during a ocassion.
HP Inc on Wednesday launched its first ‘Centre of Excellence’ (CoE) in India to promote digital India mission.The CoE is the fifth in the world and first in India for HP Indigo. With southern states contributing to almost 50% of its business, the company is looking drive adoption in multiple sectors including photography, packaging and labelling on-demand and customized printing. Besides the company’s digital offset presses, it will also showcase pre-press, post-press and web to print solutions. » Read more
Good News – A new way has been stated to connect routes and aim for better connectivity on . Government has decided that Railways will set up Wi-Fi hotspot kiosks at about 500 stations and help people. The help includes in this will be followed such as to provide online services, including inforamtion and benefits of many government schemes. » Read more
Good news for Start Ups and Entrepreneurs as Our government has decided that to invest approx Rs 200 crore to set up 100 more incubators across the country to support start-ups in innovations.On this purpose Technology Secretary Ashutosh Sharma said – “As we want to double the number of incubators over the next four years, we will spend Rs 200 crore on setting up 100 more incubators under the National Initiative for Developing and Harnessing Innovations (NIDHI) programme,” » Read more
Digital Payment Method has been going widely all over the country. Pm modi has appealed country wide to use digital payment method as much as people can use. This is the fastest way our country become corruption less. This step was taken by Pm Modi after democratization get started, In November 16 . In Initial stage people were not interested in using this method but lately people started using and understanding benefits of it
Digital Payment method is spreading in the country. A lot of traders said these days that Pm Modi should remove Transaction Charges on E payments – By doing this people will be more aware and it will help people to adopt Digital Payment Method easily. as they don’t have to pay charges. According to CAIT National President B.C. Bhartia Transaction charges are making digital payment method very hard to adopt by people. According to CAIT transaction charges should be subsidized by government for faster adoption.
Traders – Transaction Charges should be removed on e-Payments
In August 2015 a draft proposal was also called by Government for E Traders to help them adopt digital payments
They also proposed a incentive plan under which they proposed that the incentive could be in form of TAX either or benefits of Wavier . ALL mean to embrace e payment system to traders.
Recently a new decision has been made by government.Small traders and businesses with a turnover of up to Rs 2 crore will pay less tax if they accept payments through banking and digital means, Finance Minister Arun Jaitley said recently. The main aim to take this step is only to to achieve the government’s mission of moving towards a less cash economy and to incentive’s small traders/businesses to proactively accept payments by digital means.
This means only 30% tax advantage will be available on Digital Payments for small traders.