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February 19, 2021
A day after the Union Food Ministry pushed Punjab and Haryana to make e-payment of MSP directly to farmers from the next procurement season starting April 1, the Centre on Friday asserted this measure wouldn’t affect the current practice of crop procurement through mandis and arthiyas (middlemen). The government also maintained that no further relaxation would be granted to both states on full MSP payment to farmers through electronic mode. In Punjab and Haryana, the Centre and state agencies...
February 17, 2021
FinMin loosens purse strings for ongoing quarter, last month of fiscal February 17, 2021 However, expenditure needs to be within limit fixed under Revised Estimate The Finance Ministry has eased expenditure norms for January-March quarter and for the month of March. This means the Central Ministries/Departments can spend more but within the ceiling prescribed under the Revised Estimate (RE) for FY21. “It is to state that QEP (Quarterly Expenditure Plan) for the remaining part of the current ...
February 15, 2021
AIMIM chief Asaduddin Owaisi made sensational comments on Hyderabad. He said that there are high chances for Hyderabad to be demoted into a UT during a discussion in Parliament over the Jammu and Kashmir reorganisation bill on Saturday. He further added that, "Others cities such as Chennai, Hyderabad, Ahmedabad, and Bengaluru will also be demoted as a Union Territory.” Owaisi
February 13, 2021
Read more about Govt pursuing reforms to make India one of worlds top economies: FM on Business Standard. Sitharaman on Saturday said that the government, undeterred by the Covid-19 pandemic, has been pursuing reforms for achieving sustained long-term growth i
February 12, 2021
Union Budget 2021-22: Long on Promises, Short in Content | A Sunil Dharan Friday 12 February 2021 by A Sunil Dharan The Finance Minister’s budget speech gave us the impression that she has pulled off the impossible. She has, apparently, presented an expansionary budget with thrust on capital spending and increased expenditure on priority areas like health. At the same time, by projecting a fiscal deficit figure for 2021-22 which is much lower than the revised estimate for 2020-21 she has put ...
February 11, 2021
₹65,000 crore cash allocation proposed for fertilisers
February 10, 2021
The RBI, which announced the OMO on February 8, received total bids of Rs 89,234 crore.
February 9, 2021
FY21 estimates well below FY20 actuals; BIMARU among big beneficiaries in FY22
February 8, 2021
RBI to buy bonds worth Rs 20,000 crore via open market operations on February 10 The RBI said it stands committed to ensure the availability of ample liquidity in the system in order to foster congenial financial conditions. February 08, 2021 / 12:30 PM IST The Reserve Bank of India (RBI) on February 8 announced its plan to buy bonds worth Rs 20,000 crore through open market operations (OMO) to support the government’s borrowing programme. The yield on 10-year bonds had surged last week a...
February 7, 2021
Anurag Thakur Says Government Will Increase MNREGA Spend If Need Arises Taking on the criticism by the Congress on the lowering of the MGNREGA expenditure in the Budget for 2021-22, Anurag Thakur said this government has been increasing expenditure. PTI Outlook Web Bureau 2021-02-07T15:53:54+05:30 Anurag Thakur Says Government Will Increase MNREGA Spend If Need Arises outlookindia.com 2021-02-07T15:56:02+05:30 Also read Minister of State for Finance Anurag Singh T...