Senior Finance Ministry officials on Friday held a meeting with heads of CPSEs including NTPC, SAIL, NHAI and PGCIL, as well as financial advisors of infrastructure ministries, to review and speed up the planned capex.
Apart from a series of measures to enhance the productivity of the Indian economy, Arun Jaitley was instrumental in bringing political consensus for a marathon legislative process and subsequent implementation of the Goods and Services Tax.
Seven per cent growth will be totally insufficient to create wealth or enhance welfare. Seven per cent growth will not generate the millions of jobs that are required. Seven per cent growth will not raise the per capita income of the lowest deciles (the bottom 20 per cent) of the population.
The government estimates it will receive 1.06 trillion rupees ($15.5 billion) in income from RBI, state-run banks and financial institutions in the fiscal year to March 2020, according to the budget presented by Finance Minister Nirmala Sitharaman Friday
The Ministry of Finance Monday imposed fresh restrictions on bank deposits till December 30. For amounts exceeding Rs 5000 in old Rs 500 and Rs 1000 notes, they can now be deposited only once per bank account. The money will be credited to the account only after receiving a satisfactory reply from the customer as […]
New Delhi, Jan 14 (ANI): Addressing the 2016 Indo-Korea Business Summit, Minister of State for Finance Jayant Sinha on Thursday said that the Bharatiya Janata Party (BJP) is a pro-poor government and will always work for the upliftment of the country. He also said that Prime Minister Narendra Modi has always believed that the government is by the poor, for the poor and of the poor and added that this was helping India grow globally.
New delhi, Jan 11 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Monday said the court will soon send summons to the ministries having documents related to the National Herald case. He informed that the court would send summons to Income Tax (IT), Enforcement Directorate (ED), Ministry of Corporate Affairs, Finance Ministry, Registrar of Companies and Delhi Development Authority (DDA) in connection with this case.