Page-5 of Topic: Finance Ministry
Government proposes setting up Financial Data Management Centre
The Union Government has proposed setting up Financial Data Management Centre (FDMC) based on recommendation of a committee set up under the Department of Economic Affairs (DEC). The...
Finance Ministry constitutes committee to consolidate regulation of pension products
The Union Finance Ministry has constituted a high-level committee to consolidate the regulation of pension products that is currently being done by three different watchdogs including insurance and...
Union Government set up Public Debt Management Cell
The Union Finance Ministry has set up a Public Debt Management Cell (PDMC) with the objective of deepening bond markets in the country. PDMC will streamline government borrowings...
Union Government issues fresh guidelines for flexi-fund for CSS
The Union Finance Ministry has issued fresh flexi-fund guidelines for the Centrally Sponsored Schemes (CSS). These flexi-fund guidelines will give states more freedom in spending money under the...
Union Government constitutes Committee to suggest steps to promote card payments
The Union Finance Ministry has constituted 11 members high-level committee to suggest steps to promote card payments with an aim to discourage cash transactions. The 11-member committee will...
Union Government enhances Financial Powers of Ministries, Departments
The Union Government has decided to enhance financial powers of its Ministries, Departments for appraisal and approval of Non-Plan Schemes or Projects. In this regard, Union 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...
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...
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...
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... 