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Centre rolls out subordinate debt scheme for MSMEs

Centre rolls out subordinate debt scheme for MSMEs

🕔18:02, 19.Aug 2020

New Delhi, Aug 19  The Union government has launched the Credit Guarantee Scheme for Subordinate Debt for MSMEs, thereby operationalising the Rs 20,000 crore distressed assets fund. On Wednesday, the Ministry for MSMEs issued guidelines for the scheme which was

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Govt adds over 40 lakh KCCs in just 24 days

Govt adds over 40 lakh KCCs in just 24 days

🕔06:45, 28.Jul 2020

New Delhi, July 28  The Government has launched special drive to provide all PM-KISAN scheme beneficiaries with Kisan Credit Cards (KCC) on the fast track. In just 24 days of this month, more than 40 lakh KCCs have been issued

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DA for Central govt employees frozen till July 2021

DA for Central govt employees frozen till July 2021

🕔17:48, 23.Apr 2020

New Delhi, April 23  In view of the crisis arising out of COVID-19, government on Thursday decided to freeze payment of additional instalment of dearness allowance (DA) to the Central government employees and dearness relief (DR) to pensioners falling due

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RBI reviewing monetary policy framework change: Governor

RBI reviewing monetary policy framework change: Governor

🕔18:16, 15.Feb 2020

New Delhi, Feb 15  The Reserve Bank of India is currently examining if there is a need to bring any change in the monetary policy framework and that, if required, it will talk to the government, Governor Shaktikanta Das said

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Government to infuse Rs 55,250 crore in PSBs

Government to infuse Rs 55,250 crore in PSBs

🕔12:42, 31.Aug 2019

New Delhi, Aug 31  The government on Friday announced Rs 55,250 crore upfront capital infusion in PSU banks for credit growth and regulatory compliance to support the merging lenders. The declaration came after the government announced the mega-merger of 10

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Corporate tax could be cut on better GST collections: FICCI

Corporate tax could be cut on better GST collections: FICCI

🕔21:17, 5.Mar 2019

New Delhi, March 5  The government on Tuesday said corporate tax rates can be cut to 25 per cent from 30 per cent if the goods and services tax (GST) collections improve, but wanted the firms to pass on the

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Government calls all-party meeting

Government calls all-party meeting

🕔12:54, 26.Feb 2019

New Delhi, Feb 26 The government has called an all-party meeting on Tuesday to brief opposition leaders about the IAF attack on Tuesday on the biggest training camp of the Jaish-e-Mohammed (JeM), which had claimed responsibility for the Pulwama terror attack.

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Government approves setting up of 12,000 MW solar power projects

Government approves setting up of 12,000 MW solar power projects

🕔10:49, 7.Feb 2019

New Delhi, Feb 7  The government on Wednesday approved a proposal for setting up of 12,000 MW of solar power projects by state-run producers. According to the Cabinet Committee on Economic Affairs (CCEA), the producers will be provided with a

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Government ups print media ad rates by 25 per cent

Government ups print media ad rates by 25 per cent

🕔10:30, 9.Jan 2019

New Delhi, Jan 9  The government on Tuesday increased the advertisement rates for print media by 25 per cent over the existing rates, which is expected to especially benefit small and medium newspapers. An Information and Broadcasting Ministry release said

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Udan-III: 15 airlines bid for 111 proposals

Udan-III: 15 airlines bid for 111 proposals

🕔11:07, 8.Jan 2019

New Delhi, Jan 8  The Union government has received bids for 111 proposals which include operations of seaplanes in the third round of auction for the regional air connectivity — UDAN — scheme from 15 airlines, a senior government official

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94% of GST refund claims settled: Government

94% of GST refund claims settled: Government

🕔10:02, 4.Dec 2018

New Delhi, Dec 4  The government on Monday said nearly 94 per cent of the total GST refund claims of Rs 97,202 crore has been settled by the Central Board of Indirect Taxes and Customs (CBIC) and the state authorities.

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Government appoints MD & CEO in 10 PSU banks

Government appoints MD & CEO in 10 PSU banks

🕔09:58, 20.Sep 2018

New Delhi, Sep 20 :  Mrutyunjay Mahapatra and Padmaja Chundru are among five deputy managing directors in State Bank of India who have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively, according to

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New Mineral Policy in two months: Mines Ministry

New Mineral Policy in two months: Mines Ministry

🕔09:35, 18.Aug 2018

New Delhi, Aug 18  The government is giving final touches to the draft National Mineral Policy and is likely to announce it within two months, a Mines Ministry official said on Friday. “The new policy aims to give a big

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Government, private sectors should ensure skilled ecosystem: Pradhan

Government, private sectors should ensure skilled ecosystem: Pradhan

🕔11:29, 16.Jul 2018

Bhubaneswar, July 16  Union Skill Development and Entrepreneurship Minister Dharmendra Pradhan on Sunday said that the government and the private sector should work together to ensure a skilled ecosystem. “It is imperative that the government and the private sector work

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Government welcomes RBI monetary policy statement

Government welcomes RBI monetary policy statement

🕔10:14, 6.Apr 2018

New Delhi, April 6 The government on Thursday welcomed the RBI’s monetary policy statement in which it maintained the status quo on its key short-term lending rate at 6 per cent. Maintaining a neutral stance, the Monetary Policy Committee (MPC), in

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Parliament fails to function 14th day in a row, government reaches out to ‘disruptors’

Parliament fails to function 14th day in a row, government reaches out to ‘disruptors’

🕔20:28, 22.Mar 2018

New Delhi, March 22 Parliament failed to transact any business on Thursday for the 14th consecutive day and both Houses had to be adjourned amid pandemonium by various parties over different issues, leaving the no-confidence motion in a limbo. Meanwhile, the

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Government to file review plea on SC/ST Act order

Government to file review plea on SC/ST Act order

🕔20:05, 22.Mar 2018

New Delhi, March 22 The government will file a review petition in the Supreme Court on its judgment that protects public servants and private employees from arbitrary arrests under the SC/ST (Prevention of Atrocities) Act. Minister of State for Social

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Government cuts borrowing target, says Rs 20,000 cr is enough

Government cuts borrowing target, says Rs 20,000 cr is enough

🕔14:08, 17.Jan 2018

New Delhi, Jan 17  The government on Wednesday said it has cut the size of additional borrowing to Rs 20,000 crore of government securities during the current fiscal. On December 27, the government had stated that it would raise additional

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No plans to have an all EV fleet in the country by 2030: Government

No plans to have an all EV fleet in the country by 2030: Government

🕔10:25, 3.Jan 2018

New Delhi, Jan 3 The government has “no plans under consideration” to have an all electric vehicle (EV) fleet in the country by 2030, Parliament was informed on Tuesday. “There are, at present, no plans under consideration of the Department of

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