15th Finance Commission meets Ministry of Panchayati Raj

The Ministry of Panchayati Raj has made a presentation to Shri N.K. Singh, the Chairman of 15th Finance Commission, its Members and senior officials of the Commission. The Ministry has lodged an allocation of Rs. 10,00,000 crores to Panchayats by ..

1st Bi-monthly Monetary Policy Statement Released

On the basis of an assessment of the current macroeconomic situation, the Monetary Policy Committee at its meeting decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.0% from 6.25% with ..

RBI cuts its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0%

The Reserve Bank of India (RBI) has cut its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0% in its first bi-monthly policy statement of the current financial year FY20, with immediate effect. The move will ..

Y V Reddy authors book “Indian Fiscal Federalism”

The book titled “Indian Fiscal Federalism” has been authored by former RBI Governor Dr. Y V Reddy and co-authored by Dr. G R Reddy. The authors noted that the Niti Aayog should ideally be the focal point for all transfers ..

RBI’s 6th bi-monthly monetary policy statement for 2018-19

The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, announced the sixth bi-monthly monetary policy statement for 2018-19. In it, the RBI has cut the key policy rate under the liquidity adjustment facility (LAF) by 25 basis ..

Finance Minister Arun Jaitley reviewes current global and domestic economic situation and financial sector performance

Recently, the 19th meeting of the Financial Stability and Development Council (FSDC) held under the Chairmanship of the Union Finance Minister Arun Jaitley reviewed the current global and domestic economic situation and financial sector performance. Apart from liquidity in NBFCs ..