New government policy for public sector: Union Finance Minister Sitharaman

New government policy for public sector: Union Finance Minister Sitharaman

New Delhi: Union Finance Minister Sitharaman announced that the government is forming a new policy for the Public Sector Enterprises (PSE). The Finance Minister was announcing the fifth and final phase of the economic package announced by Prime Minister Narendra Modi. Sitharaman made a huge announcement of privatisation of all PSEs except the strategic sector. […]

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Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

New Delhi: The Union government has taken a major decision of increasing the cap on foreign investment, in the defence equipment manufacturing sector, from 49% to 74%. Prime Minister Narendra Modi had announced an economic package of ₹20 trillion to provide an impetus to the country’s economy. While revealing the details of the package, Finance […]

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Union Finance Minister announces additional benefits for the agricultural sector

Union Finance Minister announces additional benefits for the agricultural sector

New Delhi: On Friday, Finance Minister Nirmala Sitharaman declared additional benefits for the joint ventures of farmers and agriculture businesses. The Finance Minister also shared information regarding the new plans to be implemented for businesses such as fishery and pisciculture. Besides, vaccination programmes will be held for 53 crore cattle too. Most importantly, the Finance […]

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FM announces the second phase of the ₹20 lakh crore relief package

FM announces the second phase of the ₹20 lakh crore relief package

New Delhi: On Wednesday, Finance Minister Nirmala Sitharaman had announced the details for ₹ 6 trillion of the ₹ 20 trillion economic package which was declared by the Prime Minister. She announced the financial provisions for labour and farmers from this economic package on Thursday. According to this, NABARD will be making ₹ 300 billion […]

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Indo-Chinese border tension could have been avoided, claims Indian foreign ministry

Indo-Chinese border tension could have been avoided, claims Indian foreign ministry

New Delhi: A major fight ensued after the Indian soldiers intercepted intrusion of the Chinese soldiers, on the Sikkim border. At that time, an Indian Lieutenant knocked a Chinese Major down with a blow. After receiving reports regarding this incident, China had given a very measured reaction, taking care that the issue does not fester. […]

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Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

New Delhi: The details of the economic package of ₹ 20 lakh crores, announced by Prime Minister Narendra Modi, were given by Finance Minister Nirmala Sitharaman on Wednesday. The Prime Minister had said that the cottage, home, micro, small and medium industries, employing millions of people, are the firm foundation of the ‘Self-reliant India Campaign’. […]

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Prime Minister announces a package of ₹20 lakh crore, 4th phase of lockdown after the 17th of May

Prime Minister announces a package of ₹20 lakh crore, 4th phase of lockdown after the 17th of May

New Delhi: Prime Minister Narendra Modi, while addressing the nation, stated, ‘We have to defend ourselves in this fight against Coronavirus by remaining alert and must progress too. Looking at the global situation, the only option in front of us is self-reliant, and the resolve for self-reliance has to be bigger than the crisis.’ PM […]

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