To make the Atal Pension Yojana (APY) more attractive, the Pension Fund Regulatory and Development Authority (PFRDA) has sought the government’s nod to double the guaranteed minimum pension under the scheme to Rs 10,000/ mo
To make its flagship crop insurance scheme more attractive, the government is considering a proposal by the NITI Aayog to return 75% of the premium paid by the farmers enrolled under the Pradhan Mantri
Fasal Bima Yojana (PM
According to the current investment guidelines of PFRDA, the PFMs could invest only in corporate bonds which are rated at least ‘AA’ by rating agencies. So a tightening could mean that investments by these entities in sec
GST collections rose marginally to Rs 94,442 crore in September, but with average collections in the first six months of the year at around Rs 96,283 crore compared to the Rs 1,12,316-crore budgeted for FY19, the government c
The Centre is banking on minority stake sales in PSUs such as ONGC and Coal India, a further fund offer under the existing CPSE-ETF, buybacks by a clutch of firms, monetisation of a portion of SUUTI holdings in Axis Bank and
While the Cabinet is likely to take up the latest proposals of the farm ministry later this week to ensure smooth implementation of the schemes, state governments have already been given green signal to undertake preparatory
Centre may infuse additional Rs 2,200 crore in the debt-ridden national carrier later in the current financial year to meet an estimated shortfall in working capital requirement to service loans and pay salary in time.
The Centre will likely sell a 5% stake in the country’s largest oil explorer ONGC in what could be one of its largest disinvestment exercises in the current fiscal. At current prices (the ONGC stock closed Rs 176.20 on Mond
The Centre’s fund mobilisation via EBRs this fiscal will be used to finance food subsidy arrears, Pradhan Manti Awas Yojana, electrification programme, higher education infrastructure, Swachh Bharat Mission and irrigation a
Of the top ten ministries in terms of spending capacity, six including rural development, roads and highways, agriculture and railways registered handsome increases in expenditure in the first quarter of FY19.