[ad_1] The government released Rs 6,195.08 crore to 14 states as the second equivalent monthly installment of the Revenue Deficit Grant after Repayment on Monday. “This would provide them with additional resources during the Corona crisis,” the finance ministry said in a statement Monday. The grant was recommended by the …
Read More »Nirmala Sitharaman to meet PSU bank chiefs today; credit flow, rate transmission on agenda – business news
[ad_1] Union finance minister Nirmala Sitharaman will hold a review meeting with chief executives of state-run banks on Monday to discuss several issues as part of efforts to shore up the economy hit by the coronavirus pandemic. The meeting comes at a time when the Center is likely to roll …
Read More »Chidambaram welcomes the Center’s decision to borrow an additional 4.2 lakh cr
[ad_1] NEW DELHI: On Saturday, senior congress leader P Chidambaram welcomed the Center’s decision to borrow an additional 4.2 lakh crore and said it should be used to provide relief to the poor and restart the economy. “After resisting our appeals, especially through CEA statements, the government finally decided to …
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