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No need to physically port ration card from one State/UT to another
No need to physically port the ration card from one State/UT to another under One Nation One Ration Card (ONORC) plan Since inception of the ONORC in August 2019, about 56 Crore portability transactio...
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J&K becomes first UT to be integrated with National Single Window System
LG, Shri Manoj Sinha launches the J&K Single Window Clearance System integrated with NSWS. NSWS is linked with India Industrial Land Bank (IILB) which hosts 45 industrial parks of J&K, will help Inves...
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Govt completes Disinvestment of Air India
Disinvestment of Air India completed The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022. This was stated by Union Minister of State for Finance...
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Comments invited on Draft IFSCA (Fund Management) Regulations, 2022
Invitation for public comments on Draft International Financial Services Centres Authority (Fund Management) Regulations, 2022 International Financial Services Centres Authority (IFSCA), in its endeav...
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Key Highlights of Economic Survey 2021-22
9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22 GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23 PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING ECONOMY FOR SUSTAINED LONGTERM EXPANSION CAPE...
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Central Theme of Economic Survey 2021-22 is ‘Agile Approach’
PREFACE TAKES A BIRD’S EYE VIEW OF EVOLUTION OF ECONOMIC SURVEYS SINCE INDEPENDENCE NEW CHAPTER DEMONSTRATES USE OF SATELLITE & GEO-SPATIAL IMAGES TO GAUGE VARIOUS ECONOMIC PHENOMENON ECONOMIC SURVEY...
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Services Contributed Over 50% To GDP
SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL SERVICES SECTOR FDI INFLOW OF $ 16.73 BILLION RECEIVED IN FIRST HALF (H1) OF 2021-22 22.8% INCREASE IN NET E...
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Summary of The Economic Survey 2021-22
AS PER WORLD BANK, ADB AND IMF PROJECTIONS, INDIA TO REMAIN THE FASTEST GROWING MAJOR ECONOMY IN THE WORLD DURING 2021-24 INDIAN ECONOMY TO GROW BY 9.2% IN REAL TERMS IN 2021-22 AGRICULTURE TO GROW BY...
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CBI Files Supplementary Chargesheet in Multi Thousand Crore Financial Scam case
CBI Files Supplementary Chargesheet Against 27 Accused During Further Investigation of A Case Related To Multi Thousand Crore Financial Scam Central Bureau of Investigation Press Release Dated: 05.01....
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Centre issues guidelines for restructuring under Sugar Development Fund Rules 1983
Guidelines have provision for two years moratorium and then five years of repayment expected to provide relief to financially weak sugar mills which have availed SDF loans In order to facilitate rehab...
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Finance Minister chairs Pre-Budget consultation with State Finance Ministers
Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget c...
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Public Debt Management Quarterly Report for July – September 2021 (Q2 FY22)
Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of Finance, has been bringing out a quarterly report...
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IFSCA sets up committee to create Framework for transfer of stressed loans
IFSCA sets up committee for creating a Framework for transfer of stressed loans from domestic lenders to permitted financial institutions in IFSC The Reserve Bank of India (RBI) has recently (vide the...
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13 programmes launched by Government to promote Startups
To promote startups across all the State/UTs, Government of India has launched Startup India initiative in 2016. This initiative aims at building a strong ecosystem for nurturing innovation and Startu...
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11 benefits Startups can avail under Startup India Initiative
Creation of Jobs by Startups Startup India is a flagship initiative of Government of India which aims at building a strong ecosystem for nurturing innovation and Startups in the country. This initiati...
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Collaboration with Foreign Companies under Atmanirbhar Bharat
The Government announced Atmanirbhar Bharat Abhiyan – a special economic package of Rs20 lakh crore on 12.05.2020 with the aim of making the country self-reliant and to focus on local manufacturing. I...
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PLI Scheme extended to 14 Sectors
Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing capabilities and Exports, an outlay of INR 1.97 lakh crore (over US$ 26 billion) has been announced in Uni...
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142.74 Lakh new accounts opened under Sukanya Samriddhi Account
1,42,73,910 new accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021 The number of new accounts opened under Sukanya Samriddhi Account (SSA) from 01.04.2018 to 31.10.2021 is 1,4...
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List of 26 New Bills to be presented in Lok Sabha with Object
which includes The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021, The Insolvency and Bankruptcy (Second Amendment) Bill, 2021, The Cryptocurr...
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Experts Committee Recommends to develop IFSC as Global (Re)Insurance Hub
International Financial Services Centres Authority Report of the Committee of Experts on Insurance Posted On: 16 NOV 2021 7:42PM by PIB Delhi The International Financial Services Centres Authority (IF...