Nine states complete implementation for One Nation one Ration Card System

FM announces new Aatmanirbhar Bharat Rozgar Yojana for job creation

GST collection touches 8 month high of over Rs One lakh crore in October

<p>Finance Ministry has said that 1 lakh 5 thousand 1 hundred 55 crore rupees of gross GST revenue has been collected in the month of October this year. Out of the gross GST revenue collected CGST is 19 thousand 1 hundred 93 crore rupees, SGST is 25 thousand 4 hundred 11 crore rupees, IGST is […]</p>

Union minister Sarangi: All citizens in the country to get free Covid-19 vaccine

<p>Union minister Pratap Sarangi on Sunday said that all people of the country will be given free Covid vaccine, amidst the demand by opposition parties in the country for it and not only in poll-bound Bihar as announced by the BJP. The BJP announcement of free Covid vaccine for Bihar, where assembly polls begin this […]</p>

Bihar assembly election 2020: FM Nirmala Sitharaman releases BJP’s ‘Sankalp Patra’

<p>Union Finance Minister Nirmala Sitharanan on Thursday released the BJP’s election manifesto Vision Document or ‘Sankalp Patra’ for the poll-bound Bihar . FM Sitharanan released the party’s election manifesto in Patna. According to reports, the BJP election manifesto focuses on ‘Atmanirbhar Bihar’. BJP’s ‘Sankalp Patra’ promises to provide free COVID-19 vaccination for all the people […]</p>

Finance Ministry allows 20 States to raise over Rs 68,000 Cr through open market borrowings

<p>PicThe Department of Expenditure in the Ministry of Finance yesterday granted permission to 20 States to raise an additional amount of 68 thousand 8 hundred 25 crore rupees through open market borrowings. The Ministry of Finance said, additional borrowing permission has been granted at 0.50 per cent of the Gross State Domestic Product, GSDP to […]</p>

Finance minister Nirmala Sitharaman announces Rs 12,000-crore interest-free 50-year loan to states

<p>Finance minister Nirmala Sitharaman on Monday addressed the media about proposals to stimulate demand in the economy hit by the coronavirus pandemic. On indications are that the savings of government and organised sector employees have increased, the government wants to incentivise such people to boost demand for the benefit of the less fortunate, the finance […]</p>

FM: GST compensation gap of over Rs two lakh crore can be met by states in consultation with RBI

<p>States have been given two borrowing options to meet shortfall of GST compensation. After chairing the 41st GST Council meet yesterday, Finance Minister Nirmala Sitaraman said, the two options were placed before states so that each state does not have to struggle for loans. Ms Sitharaman said, this year’s entire GST compensation gap of two […]</p>

FM holds meeting with officials of Ministries, CPSEs to review capital expenditure situation

<p>Finance Minister Nirmala Sitharaman today said, the better performance of Central Public Sector Enterprises can help the economy in a big way to recover from the impact of COVID-19. The Finance Minister today held a meeting with the officials of the Ministries and Central Public Sector Enterprises, CPSEs to review the capital expenditure situation in […]</p>

Centre allows commercial mining of coal, raises FDI limit in defence manufacturing

<p>Announcing the fourth tranche of economic measures to revive the economy from the COVID-induced slowdown, Finance Minister Nirmala Sitharaman announced commercial mining of coal on revenue sharing basis to increase its availability at market prices. The government has also increased FDI limit in defence manufacturing from 49 per cent to 74 per cent. The commercialisation […]</p>