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FM asks Ministries to explore Public Private Partnership (PPP) mode for viable projects

 11 June 2021 at 22:07

Finance Minister Smt. Nirmala Sitharaman chairs the meeting to discuss the infrastructure road map ahead. She conveys the Ministries to front-load their capital expenditure & aim to achieve more than their CAPEX targets.

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Posted in Others |   285 Views


Total Revenue Deficit Grant of Rs. 29,613 crore released to States in last 3 months

 09 June 2021 at 15:58

The Department of Expenditure, Ministry of Finance on Tuesday released the 3rd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore for the year 2021-22 to 17 States. 

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Posted in Others |   282 Views


NFRA seeks comments/suggestions on the consultation paper on NFRA's engagement with its stakeholders

 08 June 2021 at 20:40

NFRA has prepared and published a Consultation Paper, incorporating its preliminary views, and proposed action plan, on the recommendations of the TAC and is seeking the comments/suggestions of the wider stakeholder group and the public at large.

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Posted in Others |   384 Views


FM Nirmala Sitharaman calls for faster claim settlement under PMJJBY in meeting with insurers

 05 June 2021 at 20:55

The Finance Minister observed that under the PMGKP scheme, a total of 419 claims have been paid as on date, amounting to Rs 209.5 crore disbursed in the account of their nominees.

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Posted in Others |   381 Views


RBI Monetary Policy Committee keeps Repo Rate unchanged at 4%

 05 June 2021 at 06:00

The Governor of the Reserve Bank of India, Shri Shaktikanta Das has announced that the Policy Repo Rate will remain unchanged at 4% and that the Marginal Standing Facility and Bank Rate will remain at 4.25%.

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Posted in Others |   330 Views


FM Nirmala Sitharaman chairs meeting to discuss infrastructure roadmap ahead

 04 June 2021 at 20:44

Finance Minister emphasized that an enhanced capex will play a critical role in revitalising the economy post pandemic and encouraged the Ministries to front-load their capital expenditure.

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Posted in Others |   288 Views


Shri Anurag Singh Thakur launches IEPFA's 6 modules of short films titled 'Hisab Ki Kitaab'

 03 June 2021 at 21:05

Union Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur has launched the six modules of short films of Investor Education & Protection Fund Authority (IEPFA) titled "Hisaab Ki Kitaab".

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Posted in Others |   309 Views


DPIIT recognizes 50,000 startups under Startup India Scheme

 03 June 2021 at 20:50

With the launch of the Startup India initiative, recognized startups have now spread across 623 districts. Each State and UT has at least one startup. 30 States and UTs have announced specific Startup Policies to support startups.

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Posted in Others |   303 Views


Government issues amendment in the Export Policy of Amphotericin-B injections used to treat Black Fungus

 02 June 2021 at 06:12

The export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code has been restricted, with immediate effect.

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Posted in Others |   75 Views


Expert Committee on Variable Capital Company submits its report to the IFSCA

 01 June 2021 at 22:28

Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of IFSCA, Shri. Injeti Srinivas.

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Posted in Others |   57 Views