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Pre-Budget consultations: Divestment, fiscal deficit, infra push feature in FM meeting with industry

Pre-Budget consultations: Divestment, fiscal deficit, infra push feature in FM meeting with industry The meetings with industry chambers will be followed by two-day consultations with stakeholders of financial sector and capital markets. December 15, 2020 3:12:35 am Finance Minister Nirmala Sitharaman during a meeting with industrialists at North Block in New Delhi on Monday. (PTI) Finance Minister Nirmala Sitharaman held her first pre-Budget meeting with top industrialists on Monday amid expectations of the government presenting “growth-oriented Budget to boost economic activity recovering from effects of Covid.” The meetings with industry chambers will be followed by two-day consultations with stakeholders of financial sector and capital markets. Aggressive disinvestment of state-owned companies, government reducing its stake in most public sector banks (PSBs) below 50 per cent, managing the fiscal deficit over a three-year period were a

Unpaid bills lead to poor access to electricity & outages: Study

Unpaid bills lead to poor access to electricity & outages: Study The study draws upon microdata from poor, rural or small-town communities in Bihar where the link between payment and supply had been severed. In 2017, customers received on average about 17 hours of electricity a day. December 15, 2020 3:00:33 am The PPAs are in focus as the state government is in the process of finalising a White Paper on the power scenario. Unpaid electricity bills have led to poor access to electricity, including issues like widespread outages and rationing of power, suggests a new study. The study draws upon microdata from poor, rural or small-town communities in Bihar where the link between payment and supply had been severed. In 2017, customers received on average about 17 hours of electricity a day.

Forex reserves surge to record $579 3 bn

Forex reserves surge to record $579 3 bn
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