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The saving of Rs 1,00,000 crore is equivalent to about 10% of the total payment flow between the government and households, considering that in 2008-09, such p ayments in form of direct cash transactions, subsidies and.

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The government would also need to ensure reliability of payment by making the system tamper-.

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However, the most significant gain from an e-payment platform in a country of 80-100 million.NEW YORK: US government-rescued General Motors hopes to raise 10 billion dollars when it relists its stock later this month, The Wall Street Journal reported on Tuesday.

This would require installation of identity authentication infrastructure, especially at.The shares to be sold are owned by the US Treasury, a union-run trust and Canadian federal and.The transmission mechanism between the RBI and rest of the financial system does not work.But getting to a point where the government can make this saving requires all its departments and agencies to be fully networked to ensure that all information transfer is electronic.Such a platform could help the government save Rs 71,000 crore a year, while benefiting individual beneficiaries to the tune of Rs 2 6,200 crore.

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It would require installation of accessible and convenient transaction p oints, with one in every village.Continuing with its monetary tightening drive for the sixth consecutive meeting this year, the RBI today raised key short-term policy rates to rein in inflation.

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So to know the Top 5 Car Insurance Companies in India 2017-2018 you.This would entail transfer of all salaries is done electronically, and use of cash and cheques is eliminated.

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Accordingly, the short-term lending (repo) rate has increased to 6.25.

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