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Finance news

Govt to consider issuing Aadhaar Card for NRIs with Indian Passports 

Government to consider issuing Aadhaar Card for NRIs with Indian Passports  Government to open four new Embassies in 2019-20 17 iconic Tourism Sites being developed into world class tourist destinations Indian Development Assistance Scheme (IDEAS) to be revamped  The Union Finance Minister proposed to consider issuing Aadhaar Card for N...

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Rs. 400 Cr allocated for creating world class educational institutions 

Rs. 400 Cr allocated for creating world class educational institutions  New education policy for reforms in school and higher education National research foundation (NRF) announced to step up research in thrust areas National sports education board for development of sports persons to be set up under Khelo India An amount of Rs. 400 cro...

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Rs 1,19,025 crore allocated for MHA in Union Budget 2019-20 

Rs 1,19,025 crore allocated for MHA in Union Budget 2019-20  A sum of Rs 1,19,025 crore has been allocated to the Ministry of Home Affairs (MHA) in the Union Budget 2019-20 presented by the Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today. The budget allocation represents an increase of [&he...

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Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under ‘PAHAL’ scheme 

Estimated savings/benefits of Rs. 59,599 crore upto March, 2019 under ‘PAHAL’ scheme There have been estimated savings/benefits of Rs. 59,599 crore for the Government upto March, 2019 under the ‘PAHAL’ scheme of the Ministry of Petroleum and Natural Gas. The statement of fiscal policy, as required under the Fiscal Responsibility a...

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Stand-Up India Scheme extended till 2025 

Stand-Up India Scheme extended till 2025  Government proposes streamlining multiple labour laws into a set of four Labour Codes New-age skills like AI, Big Data, VR, Robotics and Internet of Things to be promoted The Stand Up India Scheme has been extended upto the year 2025. This was stated by the Union Minister of Finance and Corpora...

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Govt to encourage & facilitate role of women in India’s growth story 

Government to encourage and facilitate role of women in India’s growth story  Women Self Help Group interest subvention programme to be extended to all districts Every verified women SHG member with a Jan Dhan Bank Account to get an overdraft of Rs.5,000 One woman in every SHG will be eligible for a loan up to […]...

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Union Budget Proposes Strengthening MSMEs to Boost Make in India 

Union Budget Proposes Strengthening MSMEs to Boost Make in India  Rs. 350 Crore Allocated Under Interest Subvention Scheme Pension Benefit to 3 Crore Retail Traders, Small Shopkeepers with Annual Turnover Less Than Rs.1.5 Crore Under Pradhan Mantri Karam Yogi Maandhan Scheme 100 New Clusters to be set up Under Sfurti this Year, Benefitti...

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Steps to be taken to meet public shareholding norms of 25% for all listed PSUs 

All necessary steps to be taken to meet public shareholding norms of 25% for all listed PSUs  Government to start raising a part of its Gross Borrowing Programme in External Markets New coins of One, Two, Five, Ten & Twenty Rupees easily identifiable to visually impaired to be made available for public use shortly For […]...

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Massive programme of Railway station modernization to be launched

Union Budget proposes PPP to unleash faster development and completion of tracks, rolling stock manufacturing and delivery of passenger freight services  Special Purpose Vehicle (SPV) proposed to invest in Suburban Railways Government will complete the dedicated freight corridor project by 2022: Union Budget Massive programme of Railway ...

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Ease of living promotes women led development

Two mega initiatives of Ujjwala Yojana and Saubhagya Yojana- have transformed the lives of women in every rural family and dramatically improved their ease of living. This was stated by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2019-20 in  Parliament today. Household a...

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