Union Ministry of Finance
‘Special Assistance to States for Capital Investment 2023-24’ Scheme
The Ministry of Finance has introduced a special assistance scheme aimed at enhancing capital spending by states in India. This scheme, announced in the Union Budget 2023-24, has garnered attention for its significant impact on capital investment proposals and the ..
Month: Current Affairs - June, 2023
Category: Government Schemes Current Affairs • India Nation & States Current Affairs
Advance and EPCG Authorisation Scheme
The finance ministry has introduced an amnesty scheme aimed at offering relief to traders who have defaulted on their export obligations. This scheme provides an opportunity for traders to rectify past defaults and fulfill their export obligations by paying customs ..
Month: Current Affairs - May, 2023
Category: Government Schemes Current Affairs
NPS Diwas
NPS Diwas was observed on October 1 by Pension Fund Regulatory and Development Authority (PFRDA). Key facts The National Pension System Diwas (NPS Diwas) was observed by the pension regulator to promote pension and retirement planning among Indian citizens and ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs - 2024 • Government Schemes Current Affairs • India Nation & States Current Affairs
Damodaran Committee to boost PE/VC investments
The Union Finance Ministry recently set up an expert committee headed by former SEBI chief M. Damodaran to assess and recommend ways to solve regulatory issues to boost investments by private equity (PE) and venture capital (VC) in Indian startups. ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs - 2024 • India Nation & States Current Affairs
Govt scraps import duty on open cell TV panel used to make TV sets
In a bid to boost domestic manufacturing, the Central government has removed 5% custom duty that was imposed on import of open cell TV panel. Open cell TV panel are used in manufacturing of television sets such as LED TVs. ..
Month: Current Affairs - September, 2019
Centre sets up Task Force for drawing up National Infrastructure Pipeline
Central government constituted a task force for drawing up a roadmap for ‘National Infrastructure Pipeline’ (NIP) of Rs.100 lakh crore from financial year 2019-20 to 2024-25. The Task Force is headed by Economic Affairs Secretary Atanu Chakraborty would cover greenfield ..