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...
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...
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...
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 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 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 (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 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...
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...