Community & General News


FM mentions that it is factually incorrect to state that there has been no expenditure on COVID 19 vaccination by the centre

   10 May 2021 at 15:35

The amount of Rs. 35,000 crore has been shown under the Demand for Grants No. 40, titled ‘Transfers to States’. The use of the Demand titled ‘Transfers to States’ in no way implies that expenditure cannot be incurred by the Centre.

Posted in Community & General |   1065 Views


Centre releases Rs. 8923.8 crore to Panchayats in 25 States in view of COVID-19 pandemic

   09 May 2021 at 17:55

Ministry of Finance released an amount of Rs. 8,923.8 crore to 25 States for providing grants to the Rural Local Bodies (RLBs). The grants are meant for all the three tiers of Panchayati Raj Institutions – village, block and district.

Posted in Community & General |   966 Views


Publication of provisional database for the companies under the regulatory ambit of NFRA

   07 May 2021 at 17:44

NFRA is in the process of creating a verified and accurate database of companies and auditors that come under the regulatory ambit of NFRA.

Posted in Community & General |   1698 Views


RBI announces rate of interest on GoI Floating Rate Bond, 2024

   06 May 2021 at 19:39

The rate of interest on Government of India Floating Rate Bond, 2024 (FRB 2024) applicable for the half year May 07, 2021 to November 06, 2021 shall be 3.51 percent per annum.

Posted in Community & General |   2055 Views


Revenue Deficit Grant of Rs. 9,871 crore released to 17 States

   06 May 2021 at 16:54

The Department of Expenditure, Ministry of Finance today released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore for the year 2021-22 to 17 States.

Posted in Community & General |   999 Views


RBI | Relaxation in OD facility for States Governments/UTs

   06 May 2021 at 05:56

The maximum number of days in a quarter on which State Governments/UTs can avail overdraft is being increased from 36 to 50 days and the number of consecutive days on which overdraft can be availed is being increased from 14 to 21 days.

Posted in Community & General |   1350 Views


Cabinet approves strategic disinvestment and transfer of management control in IDBI Bank Limited

   06 May 2021 at 05:42

LIC’s Board has passed a resolution to the effect that LIC may reduce its shareholding in IDBI Bank Ltd. through divesting its stake along with strategic stake sale envisaged by the Govt.

Posted in Community & General |   1113 Views


Simplification of procedure for import of oxygen cylinders and cryogenic tankers/containers

   05 May 2021 at 20:32

In view of the COVID pandemic, PESO shall not carry out a physical inspection of global manufacturers' production facilities before the grant of registration and approval of global manufacturers for importing oxygen cylinders and cryogenic containers.

Posted in Community & General |   1101 Views


No consignment of 3,000 Oxygen concentrators pending with Custom authorities: Finance Ministry

   03 May 2021 at 21:54

The matter regarding a consignment of 3,000 Oxygen Concentrators lying with Customs Authorities came up in the Hon’ble Delhi HC and the same was clarified by the Government Counsel that presently no such consignment is pending with Custom Authorities.

Posted in Community & General |   1374 Views


FM Nirmala Sitharaman participates in Governor's Seminar as part of ADB's annual meeting 2021

   03 May 2021 at 21:42

The Finance Minister mentioned that overall, enhanced regional and global cooperation is the key to become successful in our common pursuit of resilient recovery.

Posted in Community & General |   945 Views



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