Jaipur, Mar 21 (PTI) Short-term crop loans of Rs 18,000 crore have been disbursed to farmers in Rajasthan this year and that of Rs 20,000 crore are expected to be sanctioned in the coming year, a state minister said on Monday. State Cooperative Minister Udai Lal Anjana gave this information in reply to a question [...]
Mumbai, Mar 21 (PTI) There is no prospect of the economy falling into a stagflation vortex and retail inflation is expected to moderate going forward, Reserve Bank Governor Shaktikanta Das said on Monday, notwithstanding fears of imported inflation given the massive spike in commodity prices, especially crude oil, after Russia invaded Ukraine last month. Already [...]
The electric vehicle manufacturers would need government support for a longer term until the EV market becomes self-sustainable, more affordable and within the reach of the common man, a Parliamentary panel said in a report on Monday. The department-related parliamentary standing committee on industry has also expressed concerns over a "lacklustre progress" in both physical [...]
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday asserted that the proposed 8.1 per cent interest rate on employees' provident fund is better than interest rates offered by other small savings schemes, and the revision is dictated by the realties of the current times. The EPFO's central board takes a call on [...]
Bhubaneswar, Mar 21 (PTI) The National Bank for Agriculture and Rural Development said on Monday that it has sanctioned a financial assistance of more than Rs 4,000 crore to Odisha in the current fiscal, the highest allocation in the country.The allotment was made on the basis of the priority accorded by the state government for [...]
New Delhi, Mar 21 (PTI) Citing non-implementation of penalty against corrupt officers, the Central Vigilance Commission on Monday asked public sector banks and government departments to ensure that guilty do face the punishment, and the compliance report for 2020 and 2021 should be forwarded to the CVC latest by June 30. After completion of departmental [...]
New Delhi, Mar 21 (PTI) Commerce and Industry Minister Piyush Goyal has said that several ministries, which are related to e-commerce, are deliberating on the e-commerce policy draft and it will be put out in the public domain after discussions, according to a statement issued by domestic traders body CAIT.A delegation of the Confederation of [...]
New Delhi Mar 21 (PTI) Industry body CII on Monday called for making Open Access almost free for charging electric vehicles from green sources like solar and wind energy.Open Access enables heavy users of more than 1 MW connected load to buy cheap power from the open market."The Confederation of Indian Industry (CII) has called [...]
New Delhi, Mar 21 (PTI) Khadi and Village Industries Commission (KVIC) issued 2,172 notices to entities engaged in unauthorized sale of products in the name of 'Khadi' till January this year, according to the government. Nearly 500 entities have apologized for unknowingly using the Khadi trade mark, and have removed them from their products and [...]
New Delhi, Mar 21 (PTI) Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the income tax act, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to the Lok Sabha, Chaudhary said the government will come out with a [...]
