Community & General News


MoS Finance: Disinvestment of Air India completed

   08 February 2022 at 08:59

The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022.

Posted in Community & General |   1596 Views


Ministry of Finance released monthly PDRD grant of Rs.9,871 crore to 17 States

   05 February 2022 at 09:09

The Department of Expenditure, Ministry of Finance, today released monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore to 17 States.  This was the 11th instalment of the PDRD grant released to the States. 

Posted in Community & General |   1308 Views


Ministry of Finance granted additional resources of Rs. 7,309 crore to two states for undertaking power sector reforms

   29 January 2022 at 08:31

Additional resources of Rs. 7,309 crore made available to States for undertaking power sector reforms

Posted in Community & General |   1326 Views


Air India handed over to Tata Group today

   27 January 2022 at 17:53

The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore

Posted in Community & General |   3222 Views


RBI issues regulations under the amended Factoring Regulation Act, 2011

   25 January 2022 at 09:00

Government of India has recently amended the Factoring Regulation Act, 2011 (“the Act”) which widens the scope of companies that can undertake factoring business. The Act permits Trade Receivables Discounting System (TReDS) to file the pa

Posted in Community & General |   1797 Views


FM Nirmala Sitharaman authorised release of advance installment of tax devolution to State Governments of Rs. 47,541 crore

   20 January 2022 at 13:32

Finance Minister Smt. Nirmala Sitharaman authorises release of advance installment of tax devolution to State Governments amounting to Rs. 47,541 crore

Posted in Community & General |   1149 Views


Shri Piyush Goyal asked industry bodies to prepay MSMEs for their services to boost employment and growth

   12 January 2022 at 17:29

The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution today asked Industry Bodies to prepay MSMEs to safeguard their viability and to boost employment and growth.

Posted in Community & General |   1245 Views


FM Nirmala Sitharaman chairs review meeting with heads of PSBs

   07 January 2022 at 16:49

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman reviewed the performance of Public Sector Banks (PSBs) with their Chairmen & Managing Directors (CMDs/MDs) via virtual mode in New Delhi today.

Posted in Community & General |   1119 Views


CGA Deepak Das | PFMS brought accountability and transparency in the governance

   06 January 2022 at 17:28

PFMS played an instrumental role in making the governance easier and accessible: CGA Deepak Das

Posted in Community & General |   1617 Views


Ministry of Finance releases revenue deficit grant of Rs. 9,871 crore to 17 States

   06 January 2022 at 16:05

Total Revenue Deficit Grant of Rs. 98,710 crore released to States in current Financial Year

Posted in Community & General |   1032 Views



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