How much will be allotted under the Pradhanmantri Kisan Samman Nidhi Yojna as per the union Budget 2019?

Madhya Pradesh Chief Minister Kamal Nath launched his government's Rs 50,000-crore farm debt-waiver scheme named 'Jai Kisan Rin Mukti Yojana'. It is expected to benefit 55 lakh small and marginal farmers. The eligibility cut-off date has been extended to December 12, 2018, from March 31, 2018. Only those farmers who have not registered themselves to pay GST and income tax can avail benefits under this scheme.

In Tamil Nadu, the 37th edition of the ICT Academy Bridge 2019 conference was held in Chennai with theme "Fostering India for Industry 4.0".

Bharti Airtel has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem. The application will allow women to send SOS alerts to any five of their family or friends in 13 languages by pressing the SOS prompt on the app. The app has been developed by Airtel X labs and was conceptualised by an all-women cross-functional team.

UBER unveiled an investment of $1 billion in U.S. company Uber to drive forward the development of driverless ridesharing services. The latest cash injection, expected to close in the third quarter this year, came amid fevered anticipation of Uber's public share offering which is expected to be the largest in the tech sector for years. Toyota has already invested $500 million in Uber as the firm races Google-owned Waymo and a host of other companies, including major automakers, to develop self-driving vehicles.

PayPal India used Google Smart Lock and launched its OneTouch experience in India. OneTouch feature permits Indian consumers to register their android device with PayPal and stay logged into PayPal for further PayPal purchases on that device, thus removing the issue of repeated log-ins and enabling a seamless payments experience. The integration with Google Smart Lock will offer a hassle-free payment procedure as well as maintain security to prevent fraud. India becomes the first market where the feature of Google Smart Lock has been integrated.

As per the World Bank, India's GDP growth is expected to accelerate moderately to 7.5% in Fiscal Year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. The real GDP growth is estimated at 7.2% in FY18/19, the World Bank said in its latest report on South Asia ahead of the spring meeting of the World Bank and the International Monetary Fund.

For promoting the adoption of Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) has reduced the transaction fees up to Rs 1,000 by 60%. For UPI transactions up to Rs.1,000, the charge has been cut to 10 paise from 25 paise, and for transactions above Rs.1,000 has been retained at 50 paise. This will help the service provider banks, third-party applications and at the same time will also help the consumers in the long run as more cash backs and incentives can get offered. At present Google Pay, Paytm and PhonePe are aggressively promoting UPI by offering case back and other benefits.

All India Financial Inclusion Survey (NAFIS) by NABARD was released. According to the survey; more than 88 per cent of rural householdshave bank accounts. Only about 24per cent of the 88% of rural households use ATM services at least once in three months, 7.4per cent of these households use debit or credit card. 7.5per cent use cheque to make a payment at least once in three months.

Markets regulator Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market. Under the new framework, existing custodians will be permitted to add commodities as an asset class and provide physical delivery of both the securities and commodities. Currently, the regulation on the custodian of securities provides safekeeping of securities, gold or gold related instruments, title deeds of real estate and incidental services.

The Asian Development Bank downgraded economic growth forecasts for India and Southeast Asia for 2019 as global risks from trade tensions to Brexit mount. According to the ADB's latest Asian Development Outlook report, gross domestic product in India will probably increase by 7.2 % in 2019, down from a December forecast of 7.6%.