Others News

GoI implemented schemes for allocating funds to startups

10 February 2022 at 08:48

ALLOCATION OF FUNDS TO STARTUPSMany Ministries/ Departments of Government of India and State governments have implemented Schemes for funding and supporting startups in different sectors and areas. Details of funding or progress of startups is not ce

Posted in Others | 1263 Views

Centre undertakes systematic exercise to reduce compliances which have adverse impact on MSMEs / Startups

10 February 2022 at 08:48

Central Government follows the principle of "Minimum Government - Maximum Governance", under which efforts are being made to reduce public interface with government authorities and provide information, as far as possible through online modes.

Posted in Others | 957 Views

MoS Finance: Disinvestment of Air India completed

08 February 2022 at 08:59

The strategic disinvestment transaction of Air India has been successfully completed on 27th January, 2022.

Posted in Others | 1548 Views

Ministry of Finance released monthly PDRD grant of Rs.9,871 crore to 17 States

05 February 2022 at 09:09

The Department of Expenditure, Ministry of Finance, today released monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore to 17 States. This was the 11th instalment of the PDRD grant released to the States.

Posted in Others | 1233 Views

Ministry of Finance granted additional resources of Rs. 7,309 crore to two states for undertaking power sector reforms

29 January 2022 at 08:31

Additional resources of Rs. 7,309 crore made available to States for undertaking power sector reforms

Posted in Others | 1278 Views

Air India handed over to Tata Group today

27 January 2022 at 17:53

The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore

Posted in Others | 3204 Views

RBI issues regulations under the amended Factoring Regulation Act, 2011

25 January 2022 at 09:00

Government of India has recently amended the Factoring Regulation Act, 2011 (“the Act”) which widens the scope of companies that can undertake factoring business. The Act permits Trade Receivables Discounting System (TReDS) to file the pa

Posted in Others | 1707 Views

FM Nirmala Sitharaman authorised release of advance installment of tax devolution to State Governments of Rs. 47,541 crore

20 January 2022 at 13:32

Finance Minister Smt. Nirmala Sitharaman authorises release of advance installment of tax devolution to State Governments amounting to Rs. 47,541 crore

Posted in Others | 1068 Views

Shri Piyush Goyal asked industry bodies to prepay MSMEs for their services to boost employment and growth

12 January 2022 at 17:29

The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution today asked Industry Bodies to prepay MSMEs to safeguard their viability and to boost employment and growth.

Posted in Others | 1155 Views

FM Nirmala Sitharaman chairs review meeting with heads of PSBs

07 January 2022 at 16:49

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman reviewed the performance of Public Sector Banks (PSBs) with their Chairmen & Managing Directors (CMDs/MDs) via virtual mode in New Delhi today.

Posted in Others | 1056 Views