Union Budget

Framework to implement Vivad Se Vishwas-I

During COVID, the GoI had collected a forfeited amount. Forfeited means the loss of something. When someone fails to pay the money he owes, forfeiture occurs. GoI collected forfeited amounts (something like a fine) from companies that failed to oblige ..

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Allocation Doubled under FAME-2 scheme

FAME is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles. It was launched in 2015 to increase the sale of electric vehicles in the country. The scheme was launched under the National Electric Mobility Mission. During the Union ..

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National Digital Library

According to the National Statistical Commission, the literacy rate in India is 73%. However, the financial literacy rate is very less, around 24%. Compared to the other emerging economies of the world, the financial literacy rate of India is very ..

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PAN to be used as common identifier

PAN is a Permanent Account Number issued by the Income Tax Department of India. It is a ten-digit alphanumeric number. During the Union Budget 2023, Finance Minister Smt Nirmala Sitaraman announced that GoI is to use PAN as a universal ..

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Amendments in enhance business at GIFT City

The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major international IT and finance hubs. To boost its development, Finance Minister Smt ..

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Atmanirbhar Horticulture Clean Plant Programme

The Indian horticulture sector contributes 33% of the GVA of the country. The industry is labor intensive and therefore, a small push will increase employment opportunities exponentially. Today, only 10% of the Indian land is under horticultural use. But it ..

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