The government approved Rs 48,239 crore capital infusion into 12 public sector banks (PSBS) to help them maintain regulatory capital requirements and finance growth plans.It takes the total infusion into …
Read MoreCabinet Committee on Economic Affairs has approved the following: (a) 8 different schemes of Khadi & Village Industries are now merged under two heads i.e. ‘Khadi Vikas Yojana’ and ‘Gramodyog …
Read MoreSWAYATT stands for Start-ups, Women and Youth Advantage Through eTransactions on Government e Marketplace (GeM).It is an initiative to promote MSMEs, women and young entrepreneurs through e-transactions on the Government e-Marketplace (GeM). It was launched by the Ministry of Commerce …
Read MoreThe Union Cabinet has approved the Promulgation of Unregulated Deposit Schemes Ordinance, 2019. The ordinance is in regard to the Banning of Unregulated Deposit Schemes Bill, 2018. It seeks to …
Read MoreThe government has relaxed the norms under the definition of Start-Ups. The changes brought in are: (a) The investment limit of angel investors to seek exemption under the Income Tax …
Read MoreThe Union Cabinet has approved the National Policy on Electronics (NPE) 2019. The policy aims to a) achieve a turnover of $400 billion for the Electronics System design and Manufacturing …
Read MoreReserve Bank will transfer an interim dividend of Rs 28,000 crore to the government, a move that will help the Centre keep fiscal deficit in check.RBI has already transferred Rs …
Read MoreA new rainfed agriculture atlas has been released recently released by the Revitalising Rainfed Agriculture (RRA) Network. The atlas not only maps the agro biodiversity and socio-economic conditions prevailing in …
Read MoreA High level panel headed by NITI AAYOG Vice chairman Rajiv Kumar, has advised government to shift from the present revenue sharing contracts for oil and gas block auctions to …
Read MoreThe 15th Finance Commission(FC) will be using data from 2011 census for the devolution of taxes.Few states have expressed concern over the decision as it would result in lower resource …
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