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ELECTRONIC DISBURSAL
EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...- Next ECMS tranche likely in August, to target rare earths, componentsGovernment officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme (ECMS) beneficiaries next month. The ...
- QR codes on rice bags: Centre widens grain-tracking pilot to 3 statesThe Centre is expanding its QR tagging system for Food Corporation of India foodgrain bags. This initiative will cover Andhra Pradesh, Tela...
- Final May 2026 Social Security payment: Which SSA retirees, SSDI and survivor beneficiaries get up to $5,181 deposits Wednesday?Millions of retirees, disability recipients, and survivors await the last Social Security payment of May — but only a specific group qualif...
- Shastra VC launches $100 million fund to back deeptech, AI startupsThe Bengaluru-based firm said the new vehicle will invest between $500,000 and $3 million in IP-led firms across these sectors. The launch ...
- Samsung chip employees to get average $338,000 bonus under strike dealSamsung chip workers will get big bonuses. An agreement was reached to avoid a strike. Employees in the semiconductor division will share p...
- MeitY to revamp IT hardware PLI later this year, say officialsBy 2026-27, India's ambitious incentive scheme for IT hardware production may undergo significant revisions. With discussions underway to p...
- Trump tariff refund checks begin disbursing this week — who qualifies and why are millions excluded from payouts?Trump tariff refunds begin disbursing this week after the Supreme Court voided IEEPA-based tariffs, leaving the U.S. government liable for ...
- Govt eyeing minimum design skills target for component scheme companiesNew government rules may soon require companies under the Electronic Component Manufacturing Scheme to invest in design capabilities. Curre...
- US Stock Market: US treasury lifts Q2 borrowing estimate to $189 billion on weaker cash flowsThe U.S. Treasury has increased its borrowing outlook for the current quarter due to softer-than-expected cash flows, now projecting $189 b...
- Smartphones emerge as India's export champions in FY26India's electronics exports saw a significant 24% rise in the last fiscal year. Smartphones led this growth, with exports climbing nearly 2...
- Disbursement under ECMS will stop if design, Six Sigma quality not met: Union minister Ashwini VaishnawElectronics and IT Minister Ashwini Vaishnaw has given the electronics component industry a 15-day deadline. They must present concrete pla...
- Government to likely halt disbursement under ECMS if design, Six Sigma quality not met: Ashwini VaishnawThe government is set to review its electronics manufacturing scheme. Beneficiaries must invest in product design and achieve Six Sigma sta...
- Electronics manufacturing leads PLI scheme as production jumps 146%: ReportElectronics manufacturing, particularly mobile phones, has seen a significant surge under the PLI scheme, with production rising 146% to Rs...
- PLI scheme: Electronics, pharma receive 70% of total disbursements for FY25Out of a total of Rs 10,114 crore disbursed by the government for the year 2024-25, the two sectors -- electronics and pharma -- got Rs 5,7...
- CBIC starts electronic disbursal of duty drawback to exporter's bank accounts via PFMSCBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, eff...
- Govt mulls tweaking PLI schemes in textiles, food processing, pharma: OfficialThe scheme was announced in 2021 for 14 sectors, including telecommunication, white goods, textiles, manufacturing of medical devices, auto...
- PLI: Rs 4,415 cr disbursed, system in place to facilitate beneficiaries’ visa applicationsThe Indian government has disbursed approximately Rs 4,415 crore under the Production-Linked Incentive (PLI) schemes for eight sectors, inc...
- Empowered committee in PLI scheme approves Rs 1,000 cr disbursement to beneficiaries of electronics sectorThe Empowered committee in the production-linked incentive (PLI) scheme has approved a disbursement of Rs 1,000 crore to beneficiary firms ...
- Bhagwati gets Rs 5.3 cr under PLI for IT hardwareBhagwati Products, the electronics manufacturing unit of Gurgaon-based Micromax Informatics, said on Wednesday it has received Rs 5.3 crore...
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