Economy

PM launches Pradhan Mantri Ujjwala Yojana

Prime Minister Narendra Modi has launched the Pradhan Mantri Ujjwala Yojana in Uttar Pradesh’s Ballia. Pradhan Mantri Ujjwala Yojana – Scheme for Providing Free LPG connections to Women from BPL…

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Bank Board Bureau’s first meeting discusses stressed assets

The first meeting of the recently-formed Bank Board Bureau (BBB) met  at the RBI headquarters in Mumbai and discussed issues of non-performing assets (NPAs), or bad loans, as well as strategies for…

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Cabinet approves Stand Up India Scheme

The Union Cabinet approved the “Stand Up India Scheme” to promote entrepreneurship among SC/ST and Women entrepreneurs. The Scheme is intended to facilitate at least two such projects per bank…

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GOVT DEFINES E-COMMERCE MARKET PLACE RULES, ALLOWS 100 % FDI

The government on allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “market place model” through the automatic route, seeking to legitimize existing…

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Taxation on e-commerce: Govt panel for levy on e-com through emails, blogs

A high-level government committee on Taxation of E-Commerce set up by the Central Board of Direct Taxes (CBDT), has recommended a 6-8 per cent tax on several online services (13…

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GST Committee: Amit Mitra named chairman

West Bengal Finance Minister Amit Mitra is named the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST). He will succeed Kerala Finance…

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Recently the government unveiled the National Capital Goods Policy.discuss the challenges and way out for capital good sector of india in the context of policy?

Capital goods industry forms the backbone of the manufacturing activity. Capital goods; plant machineries for agricultural, industrial and commercial segments of economic activities that have economic asset life of over…

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Cabinet approval for Trade Facilitation Pact ratification

The Cabinet has approved a proposal for ratification of the Trade Facilitation Agreement (TFA) of World Trade Organization (WTO), aimed at easing customs rules for expediting global trade flow of…

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National Capital goods policy unveiled

The Government has unveiled the National Capital Goods Policy to realise the strategic importance of Capital Goods and the pivotal role played by it  in the overall manufacturing, as the…

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Centre unveils Electronics Development Fund

Union Communications and IT Minister Ravi Shankar Prasad  launched the Electronics Development Fund(EDF) to support early-stage, angel, venture and private equity funds focusing on electronics, nano-electronics and information technology. The…

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