Community & General News

Scheme for Special Assistance to States for Capital Expenditure

12 December 2020 at 16:29

All the States except Tamil Nadu have availed benefits of the newly announced scheme. The scheme was announced by the FM on 12th October 2020 as a part of the AatmaNirbhar Bharat package.

Posted in Community & General | 1731 Views

Special window for Affordable & mid income housing Fund(SWAMIH) to provide relief to homeowners - FM

12 December 2020 at 10:30

As a part of #AatmaNirbharBharat Abhiyaan additional borrowing limit of up to 2% of Gross State Domestic Product (GSDP) was allowed to the States for the year 2020-21, equivalent to Rs. 4,27,302 crores.

Posted in Community & General | 2082 Views

FM announces Rs 3 lakh Crores Collateral-Free Guaranteed Loans for MSMEs

11 December 2020 at 10:29

Rs 3 lakh cr Collateral-Free Guaranteed Loans – Budgetary provision of Rs.4000 crore made for the Scheme in First Supplementary Demand for Grants for FY 2020-21.

Posted in Community & General | 2415 Views

RTGS 247365 to be launched w.e.f 14th December 2020

10 December 2020 at 11:14

RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020. India will become one of the few countries in the world to operate its RTGS system round the clock throughout the year.

Posted in Community & General | 2 comments | 4716 Views

FM addresses the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes

10 December 2020 at 10:14

Finance Minister Smt. Nirmala Sitharaman addressed the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes as the keynote speaker.

Posted in Community & General | 1413 Views

RBI releases Draft Circular on Declaration of Dividend by NBFCs

10 December 2020 at 10:14

rbi has released the Draft Circular on Declaration of Dividend by NBFCs. Comments on the Draft Circular are invited from NBFCs, industry participants, and other interested parties by December 24, 2020.

Posted in Community & General | 1812 Views

Reform linked borrowing permission of Rs.23,523 crores issued to 9 States

09 December 2020 at 16:52

Reform linked borrowing permissions lead to various citizen centric reforms in the States. 9 States have successfully completed One Nation One Ration Card Reform.

Posted in Community & General | 1560 Views

Government announces schedule for the sale of government securities

08 December 2020 at 10:24

Auction for Sale (Re-issue) of ‘3.96% GS 2022’, Auction for Sale (Re-issue) of ‘5.15% GS 2025’, Auction for Sale (Re-issue) of ‘5.85% GS 2030’ and Auction for Sale (Re-issue) of ‘6.80% GS 2060’

Posted in Community & General | 3042 Views

Limit for Contactless Cards and UPI Payments to be increased from January 1, 2021

05 December 2020 at 10:55

RBI leaves policy rates unchanged, the accommodative stance of monetary policy to continue as long as necessary. RBI Governor Announces Set of Measures to Revive Economy.

Posted in Community & General | 4425 Views