Others News

GoI gives permission to 7 states to mobilise additional Rs. 16,691 crore capital expenditure

13 November 2021 at 08:37

7 States namely, Chhattisgarh, Kerala, Madhya Pradesh, Meghalaya, Punjab, Rajasthan and Telangana have achieved the target set by the Ministry of Finance for the capital expenditure upto 2nd Quarter of 2021-22.

Posted in Others | 1452 Views

RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme to be launched by PM on 12th Nov

12 November 2021 at 08:41

PM to launch two innovative customer centric initiatives of RBI on 12 November

Posted in Others | 1830 Views

Finance Secretary releases guidelines for reforms in Public Procurement & Project Management and MTDs for Procurement of Goods and non-Consultancy Services

30 October 2021 at 08:45

Guidelines attempt to incorporate into the realm of Public Procurement, innovative rules for faster and efficient execution of projects. MTDs specifically cater to needs of e-procurement, and easing digitization process of Public Procurement.

Posted in Others | 1500 Views

RBI reappoints Shri Shaktikanta Das as RBI Governor

30 October 2021 at 08:43

The Board in its meeting reviewed the current domestic and global economic situation and challenges. The Board deliberated on possible measures for addressing the emerging challenges.

Posted in Others | 1626 Views

FM Nirmala Sitharaman holds review meeting on CAPEX for Civil Aviation and Telecommunications

26 October 2021 at 08:37

The Finance Minister emphasised that there must be an accelerated phase of infrastructure development and Ministries must continuously make concerted efforts to ensure that project implementation is fast-tracked.

Posted in Others | 1236 Views

Cabinet approves an increase of 3% over the existing rate of 28% of the Basic Pay / Pension

22 October 2021 at 08:34

Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensions, due from 01.07.2021

Posted in Others | 1722 Views

Total Revenue Deficit Grant of Rs. 69,097.00 crore released to States in current financial year

12 October 2021 at 21:59

The Department of Expenditure, Ministry of Finance has released the 7th monthly instalment of the PDRD Grant of Rs. 9,871.00 crore to the States. With the release of this instalment, a total amount of Rs. 69,097.00 crore has been released.

Posted in Others | 1359 Views

Chief Economic Advisor steps down, says "Will Return back to Academia"

09 October 2021 at 06:18

While being conscious of the enormous privilege bestowed on me, I will happily return back to serving the country as a researcher after fulfilling my three-year commitment. - K V Subramanian.

Posted in Others | 1314 Views

Tata Sons Wins Air India Bid For Rs. 18,000 Crore

09 October 2021 at 06:17

The next step will be to issue the Letter of Intent (LoI) and then sign the Share Purchase Agreement following which, the conditions precedent would need to be satisfied by the successful bidder, the company and Government.

Posted in Others | 2574 Views

GoI receives Rs. 8,08,672 crore up to August 2021 as per the Monthly Review of Accounts

01 October 2021 at 06:02

The Government of India has received Rs. 8,08,672 crore upto August, 2021 comprising of Rs. 6,44,843 crore Tax Revenue (Net to Centre), Rs. 1,48,650 crore of Non Tax Revenue and Rs. 15,179 crore of Non Debt Capital Receipts.

Posted in Others | 1095 Views