Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) is one of the flagship programmes of the Ministry of Power to facilitate 24x7 supply of power. The scheme has been launched with a clear cut objectives to enable to initiate reforms in the rural areas. The twin targeted goals of the scheme focuses on feeder separation (rural households & agricultural) and strengthening of sub-transmission & distrib...
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Category: Economy
Atal Pension Yojana
Atal Pension Yojana is a government-backed pension scheme in India. The new initiative, motivated by the Government's concern for old age income security for the working poor, particularly in the unorganized sector, was announced in the budget proposals 2015-16 and was formally launched from 1st June, 2015. The scheme is to raise the living standard of the uninsured workers in the unorganized sector by inspiri...
Asset Reconstruction Companies have not been Able to Perform their Function of Asset Reconstruction of NPAs of Banks
Asset Reconstruction Company (ARC), purchases bad loans or Non-Performing Assets (NPAs) of Commercial Banks and Financial Institutions and provides focused approach to NPAs by isolating them from the financial system, freeing financial system to focus on their core activities; and facilitating development of market for distressed assets. Althou...