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The Government considered but turned down a US-style stimulus cheque to Kiwis


The Government considered but turned down a US-style stimulus cheque to Kiwis
9 Mar, 2021 10:15 PM
3 minutes to read
Finance Minister Grant Robertson during the post-Cabinet press conference, Parliament, Wellington. 09 February, 2021. Photo / Mark Mitchell
Finance Minister Grant Robertson during the post-Cabinet press conference, Parliament, Wellington. 09 February, 2021. Photo / Mark Mitchell
Jason Walls is a political reporter for the New Zealand Heraldjason.walls@nzme.co.nz@Jasonwalls92
Finance Minister Grant Robertson has revealed the Government considered giving New Zealanders a US-style stimulus cheque to provide an economic cushion to the Covid-induced downturn.
But that form of what he this morning called helicopter-style payment - where most Americans were given payments from the Government to spend on whatever they liked- was turned down in favour of the multi billion-dollar wage subsidy scheme. ....

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Council accepts bus grant, vaccine program


Mar 10, 2021
An item on the Norman City Council meeting agenda drew discussion and a no-vote from one of its members Tuesday night.
Several councilors questioned the use of funds for a vaccination program which has been set aside for the city’s Small Business Relief Program. Nearly 300 businesses received $10,000 in grants from the city’s apportionment of Coronavirus Aid Relief and Economic Security (CARES) Act funds but approximately $55,000 remains after businesses failed to qualify.
The item was on the consent docket and although the council adopted it 7-1, Ward 6 Elizabeth Foreman said her constituents did not favor the move. Ward 2 Matt McGarry was absent. ....

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T2M Global Awarded CEC Grant to Develop a 100 - KW Class Green Electrolytic H2 Energy Storage Module


T2M Global Awarded CEC Grant to Develop a 100 - KW Class Green Electrolytic H2 Energy Storage Module
(Di mercoledì 10 marzo 2021) When successful, the electrical system efficiency of this advanced hydrogen electrolyzer will double compared to existing products in the market today. The AES © system can be powered by using excess .
Leggi su padovanews ....

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Finance Ministry releases final instalment of Rs 6,194 crore revenue devolution grant to states


Finance Ministry releases final instalment of Rs 6,194 crore revenue devolution grant to states
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Last Updated: Mar 10, 2021, 05:50 PM IST
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Synopsis
The Post Devolution Revenue Deficit Grants are released in monthly instalments as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post-devolution. The commission has recommended PDRD grants to 14 states.
The Fifteenth Finance Commission had recommended a total Post Devolution Revenue Deficit Grant of Rs 74,340 crore to 14 States in the financial year 2020-21.
The Finance Ministry on Wednesday released the 12th and final monthly instalment of revenue deficit grant of Rs 6,194 crore to the states. With the release of this instalment, a total amount of Rs 74,340 crore has been released to eligible states as Post Devolution Revenue Deficit (PDRD) Grant in the current financial year, the ministry said in a statement. ....

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