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Tag: Centre government

GoI & NDB ink MoU for USD 500 Million for Public Transport System in NCR

November 21, 2020
New development Bank (NDB)
  • The Government of India and the New Development Bank (NDB) have inked a loan agreement for lending USD 500 million for the ‘Delhi-Ghaziabad-Meerut Regional Rapid Transit System Project’.

Government releases Rs. 2,200 crores for 15 states to improve air quality measures

November 1, 2020
National Clean Air Programme (NCAP)
  • The central government released Rs. 2,200 crores as the first instalment to 15 states across India for the improvement of air quality measures in their million-plus cities.

Union Cabinet approves bonus for central govt employees, 30.67 lakh to benefit

October 21, 2020
Union Govt
  • The Union Cabinet on October 21, 2020 approved bonus for central government employees for the year 2019-2020. Around 30.67 lakh employees are expected to benefit from the announcement.

Government bans sale of natural gas, coal-bed methane to self

October 21, 2020
natural gas, coal-bed methane
  • The government has banned sale of natural gas and coal-bed methane (CBM) to self under its newly notified gas marketing freedom guidelines.

Home Secretary Ajay Kumar Bhalla’s tenure extended by GoI till 2021

October 20, 2020
Ajay Kumar Bhalla
  • The extension of the tenure of Home Secretary, Ajay Kumar Bhalla has been extended by the Appointments Committee of the Cabinet till August 22, 2021.

GoI extends Home Secretary Ajay Kumar Bhalla’s tenure till 2021

October 19, 2020
Ajay Kumar Bhalla
  • The Appointments Committee of the Cabinet has approved the extension of the tenure of Home Secretary, Ajay Kumar Bhalla till August 22, 2021.

To manage revenue shortfall, Central Government allows 20 States to raise Rs 68,000 crore

October 14, 2020
Ministry of Finance
  • The Department of Expenditure under the ministry of Finance permitted 20 States to borrow Rs 68,825 crore open market borrowings for GST Shortfall.

‘Startup India Showcase’ an online start-up platform launched by GOI

October 8, 2020
Startup India Showcase
  • ‘Startup India Showcase’ an online start-up platform launched by the Department for Promotion of Industry and Internal Trade (DPIIT). The website will be handpicked by experts and will go through multiple screening and evaluation rounds and the listed firms will also be considered by the government and corporate buyers as potential suppliers of goods or services.

GoI appoints three new economists as RBI’s MPC members

October 7, 2020
Reserve Bank Of India (RBI)
  • Three new economists appointed as the members of the six-member rate-setting Monetary Policy Committee(MPC) of the Reserve Bank of India (RBI) by the Government of India.

Government unchanged Interest rate of small savings schemes for Oct to Dec Quarter

October 2, 2020
Money
  • Government unchanged Interest rate for PPF, NSC, and other small savings schemes -Oct to Dec Quarter.

these are:

  •  Senior Citizen Savings Scheme (SCSS)- 7.4 percent.
  •  Sukanya Samriddhi Yojana Scheme (SSYS)- 7.6 percent.
  •  Kisan Vikas Patra (KVP)- 6.9 percent.
  • Public Provident Fund (PPF) – 7.1 percent.
  •  National Savings Certificates (NSC)- 6.8 percent.

 Post Office Monthly Income Scheme (MIS)- 6.6 percent.