WPI inflation eases to near two-year low
According to government data,wholesale price-based inflation has reached a 2 year low of 2.02% in June,2019. This decline comes on the back of reduced inflation in the prices of manufactured …
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Govt to look at applicability of 20% tax on ongoing share buyback issues
The Finance Ministry has said that it will look into the applicability of 20% tax proposed in the 2019-20 Budget on the current share buybacks by listed companies. This tax …
Read MoreFourth anniversary of Skill India Mission being observed today
The fourth anniversary of the Skill India Mission is being observed on the occasion of World Youth Skills Day. The United Nations had declared 15 July as World Youth Skills …
Read MoreDPIIT to soon float draft national retail policy to seek stakeholders’ views
The Department for Promotion of Industry and Internal Trade(DPIIT) will soon introduce draft national retail policy.The policy is aimed at promoting growth of 65 million small traders. The main elements …
Read MoreTribal SHG women create an organic agro revolution
Recently,a self-help group of tribal women in Wayanad,Kerala has decided to launch a project to carry out organic farming over 100 acres possibly making this the largest tribal foray into …
Read MoreGovt eyes direct transfer of fertilizer subsidy
The government has been preparing to move on a proposal for direct cash transfer(DBT) of fertilizer subsidy amount to farmers bank accounts. This proposal is aimed at disincentivizing farmers from …
Read MoreGovt readies plan for second wave of asset monetisation
Government will soon recommend a second list of Public Sector Units (PSU) assets that could be monetised to raise resources for fresh investment by these undertakings. The Union Budget 2019 …
Read MoreWhy is India opting for overseas bonds?
Finance Minister has announced in the Budget that it plans to raise a portion of its gross borrowing from overseas markets using sovereign bonds. A government bond or sovereign bond …
Read MoreInternational Cooperation Scheme
The Ministry of Micro,Small and Medium Enterprises (MSME) is implementing International Cooperation(IC) Scheme. The objectives of the scheme are (a)technology infusion and upgradation of Indian MSMEs (b)modernisation of MSMEs and …
Read MoreIIP dips to 3.1% in May on slowdown
India’s Index of industrial production(IIP) has slowed down to 3.1% in May,2019.The IIP was 4.3% in April,2019. This decline has happened due to slowdown in manufacturing and mining sector. However,IIP …
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