Page 37 - Centre

Punjab farmers protest against government's direct benefit scheme

Farmers and commission agents in Amritsar on Saturday went on strike

Centre may redraw bank recapitalisation plan in wake of new challenges

Institutions face additional burden to meet interest on interest obligation for all its borrowers

Punjab farmers not blamed over issue of bonded labourers, clarifies MHA

The Home Ministry termed as "distorted" and "misleading" media reports linking its letter to the Punjab government on the plight of 58 bonded labourers rescued in the state to the farmers' agitation

Centre withheld funds meant for Maharashtra out of bias, says Congress

The Congress in Maharashtra on Saturday accused the Centre of short-changing the Maharashtra government

Government allows further operational flexibility to GST filers

The government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of Taxes scheme

India pitches for early disengagement in remaining areas in eastern Ladakh

India on Friday hoped that China will work with it to ensure disengagement of troops in remaining areas of eastern Ladakh at the earliest

Govt to borrow Rs 7.24 trn, or 60% of planned amount, till September

Borrowing will be done across yield curve ranging from two-year bonds to 40 years, and including floating rate bonds (FRB)

Madras HC queries Centre on proposed law on making rational poll promises

Court comes down heavily on political parties for making people lazy by distributing freebies

Covid impact: Govt extends current foreign trade policy till September 30

Exemption from payment of IGST and compensation cess on the imports made under advance authorisations and by export oriented units has also been extended

GST: 6-digit HSN code must in invoices for biz with over Rs 5 cr turnover

In trade parlance, every product is categorised under an HSN code (Harmonised System of Nomenclature). It helps in systematic classification of goods across the globe

Govt mops up Rs 32,835 cr from disinvestment in FY21, exceeds RE target

The realisation is, however, lower than the record Rs 2.10 lakh crore originally budgeted

Centre approves Rs 10,900 cr PLI scheme for food processing sector

The government on Wednesday approved a production-linked incentive (PLI) scheme for the food processing sector, entailing an outlay of Rs 10,900 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the scheme which will help create 2.5 lakh jobs, boost exports and ensure availability of a wider range of value-added products for consumers. "The PLI for the food processing sector with Rs 10,900 crore incentive has been approved. The decision is a fitting tribute to our farmers," Food Minister Piyush Goyal said while briefing the media about the cabinet decisions. Information and Broadcasting Minister Prakash Javadekar said that the government in the Budget had announced PLI scheme for 12-13 sectors. PLI has been announced for six sectors already. "Today, PLI for the food processing industries has been approved," he said. This will boost production of value-added food products, attract foreign investment, create job opportunities besides benefiting farmers with

RTI rejections down for the govt, but rise for home ministry: CIC report

RTI rejection down 4.3% overall, home ministry rejects 21% of RTI requests, finance rejects 13%

JICA extends Rs 3,717 cr loan for developing Metro Phase 2 in Bengaluru

Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India

Govt launches auctions for second tranche of commercial coal mining

In the upcoming auction, 67 coal blocks will be offered

Govt files appeal against $1.2-billion Cairn arbitration verdict

Will also contest the enforcement in other jurisdictions, including the UK, US

India has till mid-April to appeal against Cairn award on limited grounds

The challenge can only be on limited grounds such as procedure not being followed

Detailed discussions underway to finalise e-commerce policy: Govt

The government on Friday said detailed discussions are being held to finalise a national e-commerce policy, a move aimed at promoting growth of the sector

Loss-making cos can now pay remuneration to non-executive directors

Loss-making companies can now pay remuneration to their non-executive directors, including independent directors

Government sells 10% stake to exit Tata Communications in off-market trade

The government on Friday said it has exited Tata Communications after selling 10 per cent stake to Tata Sons' arm Panatone Finvest