Fiscal Deficit for the Financial Year 2021-22 is estimated at 6.8 per cent in BE 2021-22. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.
The objective of the Stand Up India Scheme is to facilitate loans from SCBs of value between Rs. 10 lakh and Rs.1 Crore to at least one SC or ST borrower
FM and US Treasury Secretary exchanged notes on economic issues of mutual interest and looked forward to meeting of India-US Economic and Financial Partnership later this year.
The Government had announced a Rs. 1.70 lakh crore 'Pradhan Mantri Garib Kalyan Yojana' relief package on 26.03.2020 to combat the economic impact of COVID-19 on the poor and needy and to help them in the fight against Corona Virus.
Insurance Regulatory and Development Authority of India (IRDAI) has informed that the total number of lives covered under health insurance business (excluding Personal Accident & Travel Business) in Financial Year 2019-20 was 49.87 crore.
The Government has been contemplating on infusing more investments prioritising growth of infra and health sectors to streamline the economy. Since 2016, Government has 'in principle' approved strategic disinvestment in 35 cases.
Seventeen (17) States have successfully operationalised the "One Nation One Ration Card system" with Uttarakhand being the latest State to complete the reform. These States have been granted additional borrowing permission of Rs. 37,600 crores.
The Government has implemented major reforms in the last one year to boost domestic manufacturing, industrial production and GDP growth.
The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.
The proposed framework shall facilitate issuers from across the jurisdictions to raise capital for variety of needs and list their securities at the international stock exchanges in IFSCs.