Page-2 of Topic: Finance Ministry
Govt. makes Aadhaar mandatory for PMVKY subscribers
Centre government has made Aadhaar (the unique 12-digit biometric identity number) mandatory for subscribers of Pradhan Mantri Vaya Vandana Yojana (PMVVY) which is a pension scheme for senior...
GoI merges three Insurance PSUs
The GoI will merge 3 public Sector Insurance Companies as announced in budget 2019-20. The merger includes United India Insurance Limited, National Insurance Co Limited and Oriental Insurance...
India-US Economic and Financial Partnership Meeting held
The 7th India-US Economic and Financial partnership meeting was held in New Delhi. It was Co-chaired by Finance Minister Nirmala Seetharaman and US Secretary Steven T Minuchin. The...
Finance Minister chairs meeting of NIIF’s Governing Council
The governing council meeting of National Investment and Infrastructure Fund (NIIF) was chaired by Union Finance Minister Nirmala Sitharaman in North Block, New Delhi. Minister of State for...
PF rate to remain unchanged
After a lengthy discussion by the various Union Ministries involved in the process, the Union Government has decided to notify an 8.65% interest rate for the PF deposits...
Government notifies Sabka Vishwas-Legacy Dispute Resolution Scheme, 2019
Union Finance Ministry has notified Sabka Vishwas-Legacy Dispute Resolution Scheme, 2019, a dispute resolution and amnesty scheme to reduce legacy service tax and central excise cases. It will...
Index of Eight Core Industries – June 2019
The government has released the data of the Index of Eight Core Industries for June 2019. The monthly Index of Eight Core Industries (ICI) is a production volume...
PSU banks to bring down govt equity to 52%
The Finance Ministry has asked the public sector banks to gradually reduce the government’s equity to 52 per cent. Currently, some of the public sector banks have government’s...
Government to release Rs 75 commemorative coin to mark 75th anniversary of Tricolour hoisting by Bose
Union Ministry of Finance has announced to release Rs 75 commemorative coin on occasion of 75th anniversary of hoisting of Tricolour for first time by Netaji Subhash Chandra...
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...
Government doubles monetary limit for filing cases in DRT
Union Finance Ministry has doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application in Debt Recovery Tribunals (DRT) by banks and financial...
