Have you ever wondered . When your smart phone`s screen gets damaged and you want to get a replacement. The new screen cost you about 65% to even more than cost of mobile and you wonder how can this be possible. You would be amazed to know this is due to just one term Inverted …
Inverted Duty Structure | How cost of mobile Phone spare parts can be more than it ? Read More »
Courtesy- Money Control In India ,People are very skeptical about inflation or say “mahegai“. They tend to have their own standard on deciding the general inflation rates that affect them directly. They general measure inflation in terms of change in retail prices of basic commodities from a earlier price they were comfortable with. Well , …
What are Payments Banks? Definition: A payments bank is like any other Scheduled bank, but operating on a smaller scale without dealing with any credit risks (lending or credit giving business). Â In simple words, it can carry out most banking operations but can’t provide loans or issue credit cards to its customers. It can …
Payments Banks of India – Every thing you want to know Read More »
Introduction We are developing nation with 1.25 + billion population. Subsidiaries have at the core of our social sector to improve the life of million and empower them.In the long run, subsidized commodities gave rise to leakages and deprive the targeted citizens of their fair share.Large scale, Technology -enabled, real-time direct transfers can improve economic lives of …
JanDhan,Aadhaar and Mobile -JAM Trinity explained-social inclusion Read More »