Finance Minister Current Affairs, GK & News
Cabinet clears DFI with capital infusion of Rs 20000 crore
The Finance Minister, Nirmala Sitharaman, announced on March 16, 2021 that the Union Cabinet chaired by Prime Minister, Narendra Modi, has cleared the proposal of setting up of the “Development Finance Institution (DFI) with the capital infusion of rupees 20,000 crore. This proposal was approved in a bid to boost the infrastructure development in country. ..
Month: Current Affairs - March, 2021
Category: Economy & Banking Current Affairs
Topics: Capital Infusion • Development Finance Institution (DFI) • Finance Minister • National Infrastructure Pipeline (NIP) • Union Budget 2021
42 Crore Citizens received Financial Aid of Rs 65,454 Crore under PMGKP
As per the data provided by the Union Finance Ministry on 20th June 2020, through Pradhan Mantri Garib Kalyan Package (PMGKP), a total of 42 crore citizens across the country have received financial aid of Rs 65,454 crore to date. The amount was distributed in the 3 forms, :(i) Through Direct Benefit Transfer (DBT) to ..
Month: Current Affairs - June, 2020
Category: Economy & Banking Current Affairs
Topics: Finance Minister • Jan-dhan account • PM-Kisan • Pradhan Mantri Garib Kalyan Package • Pradhan Mantri Ujjwala Yojana
INR-USD Futures and Options Contracts launched by Finance Minister
On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..
Month: Current Affairs - May, 2020
Category: Economy & Banking Current Affairs
Topics: Bombay Stock Exchange • Finance Minister • Gift City • IFSC • National stock exchange • nirmala sitaraman • Stock Market • Stock Trading
Task force on National Infrastructure Pipeline submits its report
On April 29, 2020, the task force on National Infrastructure Pipeline has submitted its final report to Finance Minister Nirmala Sitaraman. The report has been prepared for the year 2019-25. Highlights The summary of the report prepared by the task force on National Infrastructure Pipeline had already been released in December 2019. The Finance Minister ..
Month: Current Affairs - April, 2020
Category: India Nation & States Current Affairs
Topics: Finance Minister • Funds • infrastructure • National Infrastructure Pipeline • nirmala sitaraman • Task Force • Union Budget
Finance Minister on COVID-19: Tax Filings extended, ATM, bank charges waived off, Business Rules Eased and much more
On March 24, 2020, the Finance Minister Nirmala Sitaraman announced several key measures in the view of Corona Virus Pandemic. The minister also announced that the Economic Task Force is to announce Economic Relief Package to contain the spread of the disease. Financial Measures No charges on withdrawal of cash in bank ATMs. Also, the ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: ATM Charges • Benami Transactions • Corona virus • COVID-19 • Finance Minister • Income Tax Act • nirmala sitaraman • Vivad Se Vishwas