Page 10 - Development Na News Today

The unquestioned central value of infrastructure expenditure. The budget of February 1, 2021 looks to kickstart the expenditure of Rs 100 trillion national infrastructure pipeline – which is the foundation to achieving a $ 5 trillion GDP economy by 2024-2025. The multiplier effect of infrastructure to connect markets, power industries and businesses and thereby boost demand as well as complement private investment is universally acknowledged. Launch of NaBID. A bold instrument signaled by t...

Government to introduce bills to set up DFI, Digital Currency SECTIONS Share Synopsis “To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, adding that NaBFID will be the, “principal financial institution and development bank for building and sustaining a supportive ecosystem across the life cycle of infrastructure projects.” Agencies The government will also introduce the Cryptocurrency and Regulation of...

The Centre plans to bring in a series of bills that will usher in reforms in various sectors

Updated Jan 30, 2021 | 07:00 IST The government seeks to ban all private cryptocurrencies in India such as bitcoin, Ripple and Ether and seeks to create a national digital currency. It also seeks to create a development finance institution Govt lists bill to ban all cryptocurrencies, create official digital currency of India&nbsp | &nbspPhoto Credit:&nbspThinkstock New Delhi: The government has listed a bill to ban private cryptocurrencies in India such as Bitcoin, Ethe...

The 20 new bills include the Finance Bill where Parliament will clear proposals of the Union Budget after it is presented on February 1.

Centre likely to introduce bill to ban private cryptocurrencies, create official digital currency - It is to be noted that the government is considering the introduction of a bill to set up a development finance institution (DFI) in India as well.

The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament which began on January 29. A major portion of the legislative agenda would include introduction and passage of several economic bills that aim at carrying the reform agenda of the government. Among the bills lined up for consideration during the Budget session of Parliament include legislations covering delicensing of countrys electricity distribution sector, amendments to Competit...