During Q2 of FY22, the Central Government issued dated securities worth Rs 3,83,863 crore as against Rs 3,18,493 crore in Q1 of FY21, while repayments were at Rs 34,070 crore. The weighted average yield of primary issuances increased to 6.26 per cent in Q2 FY22 from 6.11 per cent in Q1 of FY22.
December 28, 2021The Ministry of Rural Development said that guidelines applicable for the Central Government as well as State Governments under the law were being followed.
November 25, 2021The States recommended for the PDRD Grant by the Fifteenth Finance Commission are: Andhra Pradesh, Assam, Haryana, Himachal Pradesh, Karnataka, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.
October 11, 2021The government is trying to ascertain the facts, and whenever such an order is received, appropriate legal remedies will be taken, in consultation with its Counsels, to protect the interests of India.
July 8, 2021Ministry of Finance has informed the Delhi High Court that it is actively considering relaxation of the cap of Rs 2,00,000 on cash transactions for Covid treatment in hospitals.
May 7, 2021Under this Project ‘Srishti’-the nature-based classroom is developed with a herbal and aromatic plant yard in which sapling of Basil (Tulsi) Dill, Rosemary, Aloe, Fennel, Sage, Lemon Grass were planted.
April 8, 2021As we are celebrating International Women’s Day, today, on 8th March 2021, we take a look at various schemes initiated by the Ministry of Finance which have benefitted the women in India.
March 8, 2021Rajasthan has now joined the five other States namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana, who have achieved this feat.
December 26, 2020'Based on the suggestion of many states, it has now been decided that the central government will initially receive the amount and then pass it on back-to-back to the states as loan.'
October 16, 2020Additional borrowing permission has been granted @ 0.50 % of the Gross State Domestic Product (GSDP) to those states who have opted for Option- 1 out of the two options suggested by the Ministry of Finance to meet the shortfall arising out of GST implementation.
October 13, 2020A special saturation drive is underway to provide concessional credit to farmers through Kisan Credit Card (KCC).
August 20, 2020The total revenue earned by central government and state governments after regular settlement in June, stood at Rs 32,305 crore for Central GST and Rs 35,087 crore for the State GST.
July 1, 2020As the lockdown continues during the Financial Year 2020-21 a circular excluding the period of stay of these individuals up to the date of normalisation shall be issued.
May 9, 2020Following criticism that the self-employed were not receiving a similar level of support, the Treasury spent the weekend drawing up the new package.
March 23, 2020Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against the consolidation of 10 state-run lenders into four.
September 24, 2019Named “Nirbhaya Fund”, the non-lapsable corpus fund parked with the Department of Economic Affairs, Ministry of Finance, were for the implementation of initiatives aimed at enhancing the safety and security for women in the country.
April 17, 2019Excess expenditure aggregating Rs 1,156.80 crore was incurred during 2017-18 without obtaining prior approval of Parliament, the CAG report “Financial Audit” of the Accounts of the Union Government said.
February 12, 2019