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FM Nirmala Sitharaman attends Third G20 Finance Ministers and Central Bank Governors Meeting

   11 July 2021 at 10:24

The two-day meeting saw discussions on a wide range of issues including global economic risks and health challenges, policies for recovery from the CoVID-19 pandemic, international taxation, sustainable finance and financial sector issues.

Posted in Others |   1446 Views


Shri Pankaj Chaudhary takes charge as Minister of State in the Ministry of Finance

   10 July 2021 at 05:34

Shri Chaudhary is a Member of Parliament (MP) from Maharajganj in Uttar Pradesh in the 17th Lok Sabha. Active in public service for over three decades, Shri Chaudhary has also held the post of Deputy Mayor of Gorakhpur in the past.

Posted in Others |   1752 Views


Total Revenue Deficit Grant of Rs. 39,484 crore released to States in the current financial year

   09 July 2021 at 05:43

With the release of the instalment of Rs. 9,871 crore, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.

Posted in Others |   1230 Views


Smt. Anupriya Patel takes charge as Minister of State of Ministry of Commerce and Industry

   09 July 2021 at 05:43

Smt. Anupriya Patel was elected to the Lok Sabha, from the constituency of Mirzapur in 2014 and again in 2019. She was also the Minister of State in the Ministry of Health and Family Welfare, Government of India, from 2016 to 2019.

Posted in Others |   3033 Views


Dr Bhagwat Kishanrao Karad takes charge as Minister of State in the Ministry of Finance

   09 July 2021 at 05:32

Dr Karad is a first time member of the Rajya Sabha. Active in public service, he has served as Mayor of Aurangabad Municipal Corporation and also as Chairman of Marathwada Legal Development Corporation.

Posted in Others |   2106 Views


Retail and Wholesale Trade are now allowed to migrate to Udyam Registration Portal

   08 July 2021 at 10:57

The Ministry of MSME earlier notified that Retail and Wholesale Trade will now be included under the ambit of MSMEs. In this regard, RBI has notified that Retail and Wholesale Trade are now allowed to migrate to the Udyam Registration Portal.

Posted in Others |   2238 Views


Cabinet approves Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS)

   30 June 2021 at 18:49

On account of the disruptions caused by the second wave of COVID 19, especially on the healthcare sector, PM Modi has approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling funding to the tune of Rs. 50,000 crore.

Posted in Others |   1167 Views


Monthly Review of Accounts of Union Government of India for the month of May 2021 for the FY 2021-22

   30 June 2021 at 18:46

The Government of India has received Rs.3,54,787 crore for May 2021 comprising Rs. 2,33,565 crore Tax Revenue (Net to Centre),  Rs. 1,16,412 crore of Non Tax Revenue and Rs.4,810 crore of Non Debt Capital Receipts.

Posted in Others |   1206 Views


FM asks ministries to front-load CapEx, clear MSME dues at the earliest

   29 June 2021 at 20:58

Finance Minister emphasised that enhanced CAPEX will play a critical role in revitalising the economy post-pandemic and encouraged the Ministries to front-load their capital expenditure.

Posted in Others |   945 Views


Stimulus package of Rs 6,28,993 crore announced by FM Nirmala Sitharaman to support Indian economy in fight against COVID-19 pandemic

   28 June 2021 at 17:36

A Stimulus package of Rs 6,28,993 crore has been announced by Finance Minister Nirmala Sitharaman to support the Indian economy in the fight against the second wave of the COVID-19 pandemic.

Posted in Others |   2472 Views