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Govt’s disinvestment policy not akin to ‘selling family silver’: FM

Union Finance Minister Nirmala Sitharaman reiterated that the government would have bare minimum presence in the strategic sectors where it is very important for the government to stay.

The Finance Minister who presented her third Budget on February 1 noted that the strategic sectors will not remain totally under the government’s domain and private players too will be allowed in the sectors.

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Govt allocates ₹16000 crore for Pradhan Mantri Fasal Bima Yojana for 2021-22

The number of farmers’ crop insurance claims that were rejected by insurance companies under the Pradhan Mantri Fasal Bima Yojana (PMFBY) multiplied 9 times in just two years.

According to data provided by Agriculture Minister Narendra Singh Tomar in response to a question in the Rajya Sabha on Friday, in 2017-18, the number of rejected claims was 92,869.

In the next year, 2018-19, the figure more than doubled to 204742. By 2019-20, it was 928870 , a whopping 900 percent increase,” the reply said.

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Astrazeneca gets nod to use ant-diabetes drug for kidney disease in India

“Despite currently available therapies, a significant unmet need for effective management of CKD continues to exist globally. With the approval of dapagliflozin for CKD in India, an already effective type-2 diabetes and select heart failure treatment, can now be used by nephrologists in the management of CKD,” AstraZeneca India Vice President – Medical Affairs and Regulatory Anil Kukreja said.

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About a quarter of direct tax litigations getting resolved via ”Vivad Se Vishwas”

The scheme provides for settlement of disputed tax, disputed interest, disputed penalty or disputed fees in relation to an assessment or reassessment order on payment of 100 per cent of the disputed tax and 25 per cent of the disputed penalty or interest or fee.

The taxpayer is granted Immunity from levy of interest, penalty and institution of any proceeding for prosecution for any offence under the Income-tax Act in respect of matters covered in the declaration.

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