Page-2 of union budget 2020-21
Vivad Se Vishwas Scheme: Rs 888.09 crores saved by NMDC under the scheme
On April 1, 2020, the National Mineral Development Corporation operating under the Government of India announced that it has saved Rs 888.09 crores by adopting Vivad Se Vishwas Scheme. Highlights The Vivad Se Vishwas scheme was announced by the Finance ..
Month: Current Affairs - April, 2020
Finance Bill, 2020 passed in Lok Sabha
On March 23, 2020, Finance Minister Nirmala Sitaraman introduced the Finance Bill, 2020. The bill was introduced and passed in Lok Sabha without any discussion. Key Features of the Bill The bill provides the financial proposals of the fiscal year ..
Month: Current Affairs - March, 2020
Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet
On March 21, 2020, the Union Cabinet under PM Modi approved the Production Incentive Scheme for large scale manufacturing of Electronics. The main aim of the incentivisation is to increase investments in mobile manufacturing. Benefits The scheme aims to create ..
Month: Current Affairs - March, 2020
GoI notifies rules for Vivad Se Vishwas Scheme
On March 19, 2020, Govenrment of India has notified rules to avail full benefit of direct tax dispute resolution under the Vivad Se Vishwas Scheme. Highlights Currently, there are more than 400,000 cases that are eligible to avail the scheme. ..
Month: Current Affairs - March, 2020
Committee formed for the implementation of Kisan Rail Scheme
The Government of India recently formed a committee in order to make suggestions on Kisan Rail Scheme. The scheme was introduced by Finance Minister Nirmala Sitaraman in the Union Budget 2020-21. Highlights The Committee has been formed with representatives from ..
Month: Current Affairs - March, 2020
National Organic Food Festival inaugurated in New Delhi
Ministry of Food Processing and Ministry of Women and Child Development jointly inaugurated the National Organic Food Festival in New Delhi. The festival aimed at strengthening organic food produce in the country. It also aimed at encouraging women entrepreneurs in ..