India’s quest to become atmanirbhar (self-sufficient) is a “well-planned economic strategy” to turn the country into a global manufacturing powerhouse, Prime Minister Narendra Modi told 20 major global investors and invited them to be part of a “New India “in-the-making that would be free from old practices. “Today, India is …
Read More »Moratorium on loans | The Center informs the Supreme Court that it will refund additional interest before November 5
All lenders will credit the difference between compound interest and simple interest on loans to eligible borrowers for the period from March 1 to August 31. The Center has informed the Supreme Court that the difference in compound interest and simple interest charged during the six-month moratorium period on eight …
Read More »Center allows 20 states to mobilize ₹ 68,825 cr to cover GST revenue shortfall
The Ministry of Finance (MH) allowed 20 states to collect on Tuesday ₹Rs 68,825 crore through loans to cover GST’s revenue shortfall. This comes a day after the Goods and Services Tax Council (GST) met on Monday without reaching a consensus on compensation from the states. An additional debt permit …
Read More »There is no prohibition or restrictions to fill government positions, says the Ministry of Finance | India News
NEW DELHI: The Union Ministry The Finance Department clarified on Saturday that there is no restriction or ban on filling government positions. Normal hiring through various agencies such as staff selection commission, the railway contracting board will continue as usual without any brake. The clarification ends any fears about a …
Read More »Hiring for government jobs is not prohibited, clarifies the Center after the uproar over the circular of the Ministry of Finance that calls for the freeze
New Delhi finance ministry file photo. The clarification came hours after Congress demanded that the Center withdraw its circular requesting to “freeze” the creation of new jobs, urging it to create more vacancies while filling existing ones as a result of rising unemployment. News18.com New Delhi Last update: September 5, …
Read More »With an eye on the economy, the Ministry of Finance prohibits the creation of new positions in central ministries
In a significant move, the Finance Ministry issued an order on Friday, prohibiting the creation of new positions in central ministries, taking into account the current fiscal situation and the consequent pressure on government resources, which the ministry said had led to to a requirement. greater economy and rationalization of …
Read More »Hope PM’s promises are not hollow: Congress | India News
[ad_1] NEW DELHI: After Prime Minister Narendra Modi announced a Rs 20 lakh crore stimulus package, the Congress said that the promise should not be a hollow one. “Sincerely hope Rs 20 Lac Crore Package is not scripted with same pen which was used to make following promises of Giving …
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