Finance Ministry Current Affairs, GK & News
Finance Ministry’s Monthly Economic Review
The Ministry of Finance recently released its “Monthly Economic Review for September 2021”. According to the report, Indian economy is on path of swift recovery from the impact of Covid-19 pandemic. Key Findings As per economic review report, sustained & robust growth in agriculture sector, rebound in manufacturing & industry sector, resumption of services activity ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs
Topics: COVID-19 • debt-to-GDP ratio • Finance Ministry • GST collection • monthly economic review
Finance Ministry releases Revenue Deficit Grants to States
Finance Ministry released the sixth monthly instalment of revenue deficit grant of Rs 9871 crores to 17 states, on September 9, 2021. Highlights Grants were released on the recommendations of 15th Finance Commission to 17 states for 2021-22. Grants were released in accordance with the Article 275 of the Indian constitution. Under, article 275, post ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs
Topics: 15th Finance Commission • Article 275 • Finance Ministry • Post Devolution Revenue Deficit Grant • Revenue Deficit Grants
Government seeks parliament nod for additional spending
On 20th July, Nirmala Sitharaman, Finance Minister of India, sought the nod of the Indian Parliament so as to spend an additional Rs 23,675 crore in the current financial year including Rs 17,000 crore for the Health Ministry. Highlights To meet the various issues related to Covid and for other health preparedness, Rs 16,463 ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Additional grant • COVID-19 • Department of Pharmaceuticals • Finance Minister of India • Finance Ministry • Food and Public Distribution • Ministry of Civil Aviation • Ministry of Consumer Affairs
Dept of Public Enterprises brought under Finance Ministry
Central government has decided to bring Department of Public Enterprises (DPE) under finance ministry. Key Points DPE was earlier under Ministry of Heavy Industries and Public Enterprises. It has been brought under finance minister in a bid to ease coordination regarding future disinvestment plans. Finance ministry now comprises of six departments, after inclusion of DPE. ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs • Legal & Constitution Current Affairs
Topics: bureau of public enterprises • Central Public Sector Enterprises (CPSEs) • Department of Public Enterprises • Finance Ministry • sahkarita mantralaya
Somanathan: New Finance secretary
The Expenditure Secretary T V Somanathan was recently designated as the Finance Secretary by the Appointments Committee of the Cabinet. About T V Somanathan Currently he is the senior most officer among all the secretaries in the Ministry of Finance. He is a 1987 batch Indian Administrative Service Officer of Tamil Nadu cadre. Tuhin Kanta ..
Month: Current Affairs - April, 2021
Category: Awards, Persons & Places in News
Topics: Appointments Committee • DIPAM • Disinvestment • Finance Ministry • NITI Aayog • Privatisation • Secretary