The Finance minister of India, Nirmala Sitharaman, announced a Rupees 3.05 trillion electricity distribution reform programme while presenting the Union Budget 2021. Highlights The electricity distribution programme will...
The Finance minister of India, Nirmala Sitharaman, have proposed for the “Voluntary Vehicle Scrappage Policy”. This proposal was made during the presentation of the Union Budget for Financial Year 2022....
The Union Finance Minister Smt Nirmala Sitharaman recently chaired the 23rd meeting of the Financial Stability and Development Council. At the meet, the minister reviewed the financial stability...
On November 12, 2020, the Finance Minister Smt Nirmala Sitaraman announced the Economic Stimulus Package 4.0. Key Highlights Production Linked Incentive Scheme for 10 sectors. Rs 1.46 trillion...
On June 12, 2020, the Ministry of Finance announced that the public sector banks have so far disbursed Rs 14,690 crores for the MSMEs under the Emergency Credit...
On June 12, 2020, the Finance Minister Nirmala Sitaraman chaired the 40th GST Council Meet. Highlights The minister at the meet announced that no late fee will be...
India is to set up Coal Exchange trading platform soon. According to the proposal to set up the India Coal Exchange platform, the entire coal mined in the...
On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. Till then, the schemes under Pradhan Mantri Garib...
On June 3, 2020, the Union Cabinet chaired by PM Modi has made historic amendments to Essential Commodities Act. Under the amendment, the regulatory environment has been liberalized...
On June 2, 2020, the Public Sector Banks sanctioned collateral free loans that were worth Rs 200 crores. The complete Rs 200 crore sanction was done in a...
On June 1, 2020, the Union Cabinet approved the changes made to the definition of MSMEs. The Finance Minister Nirmala Sitaraman had announced about the changes being made...
On June 1, 2020, Government of India launched the Pradhan Mantri SVANidhi Scheme for street vendors. The Union cabinet has cleared the credit amount for the scheme as...