Page-10 of Finance Ministry
Union Government renames Department of Disinvestment as DIPAM
Union Government has renamed Department of Disinvestment as Department of Investment and Public Asset Management (DIPAM). In this regard, the Union Finance Ministry has issued notification. The renaming decision aims at proper management of Central government’s investments in equity and ..
Month: Current Affairs - April, 2016
Union Government launches Portal to collect Non-Tax Receipts
Union Government has launched has launched Non-Tax Receipt Portal (NTRP) to electronically collect non-tax receipts. It was launched by Union Finance minister Arun Jaitley as part of Union Government’s flagship Digital India campaign. Currently, non-tax revenues are collected by physical ..
Month: Current Affairs - February, 2016
7th Central Pay Commission submits report, proposes 23.55% salary hike
7th Central Pay Commission (CPC) headed by Justice AK Mathur has recommended 23.55 percent hike in pay and allowances of government employees. In this regard the commission has submitted its report to Union Finance Ministry in New Delhi and the ..
Month: Current Affairs - November, 2015
Union Government announces Special Assistance of Rs 1000 crore to Andhra Pradesh
Union Government has announced Special Assistance of 1000 crore rupees to the Andhra Pradesh Government for development projects during the financial year 2015-16. The funds from Special Assistance will be utilised for the development of backward districts of Andhra Pradesh ..
Month: Current Affairs - September, 2015
Finance Minister launches two funds for promoting MSMEs and Start-ups
On 18 August Finance Minister Arun Jaitley launched two funds the India Aspiration Fund (IAF) and SIDBI Make in India Loan for Enterprises (SMILE) under Small Industries Development Bank of India (SIDBI) in line to carter funding for start-ups and to aid ..