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BUDGETARY ARRANGEMENTS
VB-G RAM G: A potential rural income hike comes with a burdenIndia's new rural employment scheme, VB-G RAM G, promises more work and higher wages, aiming to boost rural incomes. However, a significant...
India replaces MGNREGS with new rural jobs scheme from July 1India is set to launch the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission-Gramin (VB-G RAM-G), replacing the MGNREGS after two dec...
VB-G RAM G Act to come into force from July 1; Centre says all ready for rolloutA new Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, offering 125 days of wage employment, launches July 1....
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Centre to deploy over 100 officers for VB-G RAM G rollout from July 1Over 100 area officers are being deployed nationwide to aid states and Union Territories in implementing the VB-G RAM G Act from July 1. Th...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
Shiv Sena MP pitches virtual panel meets, eyes ₹100 crore savingShiv Sena MP Milind Deora proposes shifting parliamentary committee and PSU review meetings online. This move could save the government app...
Budget 2026: Full budget vs vote on account; Understanding the major differencesFull Budget and Vote on account explanation: A Full Budget is the government's comprehensive annual financial plan, detailing past performa...
Officials of India, Maldives hold review meeting, take stock of Indian grant-funded community development projectsIndian High Commissioner to the Maldives Munu Mahawar and Maldivian Ambassador Ahmed Naseer co-chaired a meeting to review Indian-funded co...
Additional Rs 1.45 lakh-cr budget for FCI is indicative estimate; food subsidy 'adequate' for procurement: GovtAn extra-budgetary provision of Rs 1.45 lakh crore made to state-run FCI in the Budget for 2023-24 fiscal is an "indicative outlay" of shor...
Fertiliser firms’ working capital borrowings set to rise: ICRAThe subsidy requirement of Rs. 1250 billion includes a subsidy backlog which is expected to increase.
LIC to invest Rs 30,000 crore in NHAI via long-term bondsThe move comes as the highways ministry faces stiff targets to raise funds outside of the budgetary allocation of Rs 36,691 crore for FY20.
Inland Waterways Authority raises Rs 660 crore through bondsThe issue was oversubscribed and the entire amount of Rs.660 crore has been raised in single tranche at a coupon rate of 7.47%.
Budget 2015: Uttarakhand government seeks additional budgetary allocations for repair of school buildingsSpeaking on the policy of not failing students up to class eight, Naithani suggested board examinations should be held in class V and VIII.
Fertiliser ministry gets 5,000 crore to clear off subsidy duesThe finance ministry has agreed to provide the fertiliser ministry a special banking arrangement of Rs 5,000 crore for paying subsidy due t...
- Fertiliser ministry seeks finance ministry's help to settle subsidy bills
According to the proposal, banks will be asked to lend to fertiliser firms against the subsidy receivables guaranteed by the fertiliser min...
- Fertiliser companies vexed as govt yet to release subsidy dues
The fertiliser ministry has asked finance ministry to make an interim banking arrangement to support the operations of fertiliser units.
All expenditure of USOF converted into Plan expenditureThe USOF was created under the National Telecom Policy, 1999, for providing access of telecom services to people in rural areas at affordab...
- All expenditure of Universal Service Obligation Fund coverted to Plan expenditure
The government today approved change in funding arrangement for schemes under the Universal Service Obligation Fund.