There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India. It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank
Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions LaunchedMinister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz., Policy Initiatives of Increasing Non
PM delighted over 10 million downloads of BHIM App in 10 daysThe Prime Minister Shri Narendra Modi has expressed delight over 10 million downloads of BHIM App in a span of 10 days." Delighted to know that in a span of 10 days there have been ove
Clarification regarding Specified Bank Notes (SBNs)There had been various estimates on SBNs tendered in certain sections.We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at t
The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM: Various steps taken by theCentral Government in recent past to unearth black money will help in curbing
Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016(Updated as on January 04, 2017)1. Why was the Scheme of Withdrawal of Legal Ten
Government realizes Rs.21,432.38 crore, by end-November 2016, through CPSE's disinvestment receipts, constituting around 59.53 % of the Budgeted Target of Rs. 36,000 crore ; Government takes various steps to accelerate the disinvestment process
F. No. 1/0412016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: December 30, 2016 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings Schemes. The unde
MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 30th December, 2016S.O. 4251(E).�In exercise of the powers conferred by clause (b) of sub-section (1) of section 2, read with clause (i) of sub-section (1) of section
English Text of PMs address to the nation on the eve of New Year 2017My fellow citizens, In a few hours, we will be ushering in the new year of 2017. 125 crore Indians will join the rest of the world, in welcoming it with new hope, new energy and