Arun Jaitley head of newly constituted Group of Ministers (GoM) on stressed power assets

The Union government has constituted a Group of Ministers (GoM) headed by Finance Minister Arun Jaitley to examine the specific recommendations of High Level Empowered Committee (HLEC) constituted to address the issue of stressed power projects and forward their comments ..

19th meeting of FSDC held in New Delhi

The 19th meeting of Financial Stability and Development Council (FSDC) was held in New Delhi under the Chairmanship of Union Finance Minister Arun Jaitley. The meeting was attended by RBI Governor Dr. Urjit R. Patel, SEBI chairman, IRDAI Chairman along ..

Month: Current Affairs - October, 2018

Government launches Financial Inclusion Index

Union Minister of Finance and Corporate Affairs Arun Jaitley launched Financial Inclusion Index in New Delhi. It was launched after his Annual Performance Review Meeting with CEOs of Public Sector Banks (PSBs). Financial Inclusion Index (FII) The annual FII will ..

Month: Current Affairs - September, 2018

Finance Ministry launches web portal to grant loans to MSMEs within hour

Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch visit. The web portal will enable in principle approval for MSME loans ..

Month: Current Affairs - September, 2018

Injeti Srinivas heads committee on review of penal provisions of Company Act 2013

The committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has recently submitted final report on review of penal provisions of Company Act 2013 to the Union Minister for Finance & Corporate Affairs, Arun Jaitley. The Committee recommended that the existing ..

Rajyavardhan Rathore takes charge as new Minister of Information and Broadcasting (I&B)

In a Cabinet reshuffle, Col Rajyavardhan Rathore has taken charge as the new Union Minister of Information and Broadcasting (I&B) on May 15, 2018. He replaced Smriti Irani. Mrs Irani will now only hold the portfolio of Minister of Textiles. ..