Government hikes minimum selling price of sugar
Government has increased the minimum selling price (MSP) of sugar to support the oversupply hit sugar industry. MSP is the minimum price paid to the farmers for procuring food crops.It …
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Panel moots minimum wage of Rs. 375 per day
An Expert Committee on Determining the Methodology for Fixation of the National Minimum Wage, headed by Anoop Satpathy, has recommended setting the minimum wage at Rs 375 a day or Rs. …
Read MoreWholesale inflation eases to 10 month low of 2.76%
According to government data, wholesale inflation declined to 2.76% in January 2019. The decline has been attributed to cheaper fuel prices. Wholesale Price Inflation tracks changes in the price of goods …
Read MoreLow velocity of cash circulation in large States hints at sluggish economy: report
According to State Bank of India report,India’s present currency circulation is at Rs 20.4 lakh crore,which is at least Rs 1.5 lakh crore lower than what it would have reached …
Read MoreChit Fund Bill: govt. breaches Oppn. Unity
The government has passed the Banning of Unregulated Deposit Schemes Bill, 2018. The bill was has been passed after amendments based on the recommendations of Standing Committee on Finance (SCF). …
Read MoreRetail Inflation cools further to 2.05% in Jan
According to the data released from the Central Statistics Office (CSO), retail inflation for the month of January has declined to 2.05%. This decline has been primarily due to a) …
Read MoreBudget shortfall worries Defence Services
The shortfall in Defence allocation in the interim Budget 2019-20, especially in its capital allocation, has left the Services worried as it threatens to delay the capability enrichment and modernisation …
Read MoreTRAI’s New Tariff Regulations kick in for Feb 1st
Telecom Regulatory Authority of India (TRAI) – the regulator of the telecommunications sector in India- has put forward a new tariff and regulatory framework for Direct-to-Home (DTH) and cable services. …
Read MoreThird round of OALP offers 23 oil, gas, coal-bed methane blocks
The union government has launched the third round of oilfield auctions under the Open acreage Licensing Programme (OALP) OALP is a part of Hydrocarbons Exploration and Licensing Policy (HELP). It …
Read MorePension scheme for workers in informal sector to kick-start from February 15
According to the Labour ministry notification,Pradhan Mantri Shram Yogi Maandhan (PMSYM) scheme will be open from February 15th, 2019. This scheme can be availed by the unorganised sector workers under …
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