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.
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.
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.
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.
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.
Reform linked borrowing permissions lead to various citizen centric reforms in the States. 9 States have successfully completed One Nation One Ration Card Reform.
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’
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.
Comments on the Draft Directions are invited from banks, market participants, and other interested parties by January 31, 2021.
FM Smt. Nirmala Sitharaman observed the 63rd Founding Day of the DRI, the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the CBIC.
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