The Government has been contemplating on infusing more investments prioritising growth of infra and health sectors to streamline the economy. Since 2016, Government has 'in principle' approved strategic disinvestment in 35 cases.
Seventeen (17) States have successfully operationalised the "One Nation One Ration Card system" with Uttarakhand being the latest State to complete the reform. These States have been granted additional borrowing permission of Rs. 37,600 crores.
The Government has implemented major reforms in the last one year to boost domestic manufacturing, industrial production and GDP growth.
The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.
The proposed framework shall facilitate issuers from across the jurisdictions to raise capital for variety of needs and list their securities at the international stock exchanges in IFSCs.
Total Revenue Deficit Grant of Rs. 74,340 crore released to States in the current financial year
Finance Minister Smt. Nirmala Sitharaman chaired the National Workshop with States/UTs on Asset Monetization organised by NITI Aayog through virtual conference in New Delhi on 9th March 2021.
Insolvency Professional Agency of Institute of Cost Accountants of India has issued certain updates which have been listed here.
Over 1,10,019 loans have been extended since the launch of 'Stand up India' scheme as on 31.01.2021 since its inception and beneficiaries can get a loan of Rs. 10 lakh to Rs. 1 crore to start or increase their business.
The Government constituted a sub-committee of ILC vide order dated 24th June, 2020 under the chairmanship of Dr. M. S. Sahoo, Chairperson, IBBI to make recommendation on PPIRP.
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