The under-achievement in liquidating terminally sick CPSEs is being ascribed to stay orders put by courts (mostly on petitions filed by workers’ unions and banks), delays in disposal of lands and other immovable assets and
The Centre should keep spending momentum while the Reserve Bank of India (RBI) should immediately cut interest rates to support economic growth, as inflation rate is much below the projected level, industry body Ficci’s new
According to official sources, these urban bodies may also be nudged to take steps to increase their own revenue by tapping other sources like trade licences, taxes on entertainment, mobile towers, solid waste user charges, w
Helped by the transfer of fertiliser subsidies, direct benefit transfers (DBT) by the government have touched Rs 1.9 lakh crore so far this fiscal, the level achieved in the whole of FY18.
In 2015-16, the latest year for which state-wise value of crop output is available, farm loans of `1.05 lakh crore were disbursed in Tamil Nadu, 14% higher than the estimated value (at current prices) of the state’s crop in
With the interim Budget barely one-and-a-half months away, an election-bound government has asked key departments overseeing labour-intensive and infrastructure sectors not to curb the pace of spending this fiscal.
With retail inflation continuously undershooting the target, the Reserve Bank of India should immediately cut interest rate to support economic growth while taking measures such as lowering cash reserve ratio (CRR) of banks t
To reduce burden on the exchequer due to over-production of sugar, Niti Aayog has constituted a task force to suggest long-term solutions such as crop diversification to reduce adverse impact on ground water and aligning suga
Despite fiscal constraints, the Centre is likely to provide Rs 12,200 crore from the Budget — half of it this fiscal and the balance in the next year — to retire 40% of the Rs 30,000-crore working capital debt of Air Indi
The number of free hospitalization beneficiaries under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) may reach 6 lakh in the next one month from 3.7 lakh now, Ayushman Bharat CEO Indu Bhushan told FE.
India will also impress upon world leaders about fulfilling the commitment made in the Bali round of trade negotiations to find a permanent solution for public food stock holding limit.
The parliamentary standing committee on finance has cancelled a crucial meeting with the RBI governor Urjit Patel that was scheduled to take place on November 12.
In an outreach to micro, small and medium enterprises (MSMEs), Prime Minister Narendra Modi will likely unveil a package on Friday for these units, including an export credit subsidy.
