VARINDIA IT MAGAZINE

Government asked railway employees to convert ATM debit cards to Rupay cards:  The government has said over 12 lakh employees of   Indian Railways   have been advised to convert their existing debit or ATM cards to RuPay-based cards, a move aimed at giving fillip to the ' Aatmanirbhar Bharat ' campaign and the 'Digital India initiative'.   Piyush Goyal, Minister of Railways  informed the Parliament that the railways was also facilitating promotion of the 'Aatmanirbhar Bharat' campaign and the ' Digital India initiative '. RuPay is an Indian multinational financial and payment service launched by the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payment and settlement systems in the country.   The minister also said "the zonal railways and production units have been asked to facilitate conversion of existing Debit/ATM cards issued to railway employees by banks to the RuPay-based cards in order to give a ...

Union Budget 2021: Focus on vision of Aatmanirbhar Bharat and Start-ups:  The Union Budget turns out to be an excellent budget but not a transformational budget as was made out to be. It has adopted a brilliant strategy of large scale infrastructure rollout, funded by asset monetization of existing road, power lines, gas pipelines and railway assets.   The budget also covers funding of New Education Policy which is what I have been asking for as it will provide the human resources needed for growth in this decade. Adequate provisions have been made for health, education, agriculture, MSME's and startups. Hope there is removal of GST on digital payments and removal of Angel tax as a followup of the budget.   The Union budget 2021 has brought relief for a lot of industries and is poised to take India to greater heights. For start-ups and entrepreneurs, one key highlight from the budget is the capital gains exemption for one more year to 31 March 2022, and secondly they will...