Finance Minister Nirmala Sitharaman The pre-Budget consultation...
Category:
Policy
Latest
Over 1.5 lakh startups recognised by government till October
Under the Startup India initiative, the Government is implementing...
LS passes Banking Laws (Amendment) Bill allowing 4 nominees in bank accounts
Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan...
No Caste Census Other Than SCs, STs: Govt
“The state governments of Maharashtra and Odisha have requested to collect caste details in the forthcoming census. The government of India has decided as a matter of policy not to enumerate caste-wise population other than SCs and STs in census,” he said replying to a written question.
Pension money to soon be allowed into IPOs, NSE-200 companies: PFRDA
As of now, equity investments have delivered 11.31 per cent returns, corporate debt has delivered 10.21 per cent and government securities 9.69 per cent. The total number of NPS subscribers stand at 4.37 crore as of now, with a maximum 2.90 crore being under the Atal Pension Yojana.
Govt plans to complete LIC IPO this fiscal: Karad
”The Initial Public Offer (IPO) of the Life Insurance Corporation of India (LIC) is planned to be completed during the year,” Karad said in a written reply to the Lok Sabha.
India needs Pandemic Pool to manage risks on long-term basis: CII
”This is the opportune time for India to have the first-mover advantage in the creation of the pandemic pool with a two-pronged strategy of going beyond the insurers and the government by inviting international reinsurers to supplement capital contribution for the pool and to incentivize state governments to participate with additional supplementary capital for greater protection to their denizens,” it added.
CAG pulls up Assam govt on pension scheme for families of deceased staff
”Instead of correcting these deficiencies, the state government introduced the Compassionate Family Pension(CFP) scheme which has ‘entitlement features’ and hence is not in keeping with the well laid legal principles, regarding compassionate appointments by the state,” the report said.
Wide-ranging reforms make India attractive destination for investment: FM
She also mentioned this year’s budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.
NCGTC issues guidelines for Rs 50,000-cr credit guarantee scheme for medical infra
As per the guidelines, a credit guarantee of 50 per cent to all brownfield projects and 75 per cent to greenfield projects in the healthcare sector at centres other than 8 municipal areas would be available. The excluded metros from the scheme are Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune.
For the aspirational districts, the guarantee cover for both brownfield expansion and greenfield projects shall be 75 per cent, it said.
Govt to procure 660 mn more doses of Covishield, Covaxin at revised rates
According to the revised guidelines which came into effect from June 21, vaccine doses provided free of cost by the Centre will be allocated to states/UTs based on criteria such as population, disease burden and the progress of vaccination, and all above the age of 18 will be eligible for the free jabs.
Any wastage of vaccine will affect the allocation negatively.
World leaders pledge to redouble pandemic fight at special APEC meeting
“The pandemic continues to have a devastating impact on our region’s people and economies,” the leaders said in a joint statement issued after a virtual meeting chaired by New Zealand.
“We will only overcome this health emergency by accelerating equitable access to safe, effective, quality-assured, and affordable COVID-19 vaccines,” they said.There have been over 50 million cases of COVID-19 within APEC’s borders, with over 1 million deaths. APEC-wide GDP contracted by 1.9% in 2020.
Welfare fraud and errors cost UK a record 8 bln pounds during pandemic
The government had to deal with an increased risk from organised crime since the start of the pandemic, the NAO said. Fraudsters hijacked people’s identities in order to make fictitious claims with payments routed into bank accounts they could access, the watchdog said.