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FUND UTILISATION INEFFICIENCIES
India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...- West Bengal’s Delhi wall may disappear: What schemes could BJP rule in Kolkata unlock?West Bengal's long-standing political clashes with the central government over welfare schemes are set to change. With the BJP now in power...
- Don't put InvITs, REITs on the MATIn India, the backbone of infrastructure funding is built on listed business trusts. However, recent tax reforms have introduced uncertaint...
- Jhunjhunwalas-backed IKS healthcare looks to acquire TruBridge for $600 millionInventurus Knowledge Solutions (IKS), backed by the family of late investor Rakesh Jhunjhunwala, is in advanced talks to acquire Nasdaq-lis...
- Govt sends notices to wake up 'inactive' NGOsNon-profits face potential FCRA registration cancellation for inactivity since 2021, with the MHA invoking a rarely used law. Notices cite ...
- Govt scholarship not sufficient to meet present-day expenditure: Parl panelA parliamentary committee recommends increasing scholarships to match present-day educational expenses and addressing inefficiencies in fun...
- Plans afoot to add local bodies to TSA mechanism by FY27The Centre is developing Public Financial Management System 2.0 to enhance the accountability and transparency of fund usage by local bodie...
- World's richest man, Elon Musk, has a new title! Meet DOGE’s self-proclaimed ‘volunteer IT consultant’Elon Musk has announced his new role as a "Volunteer IT Consultant" in the Trump administration’s Department of Government Efficiency (DOGE...
- New Finance Commission may tweak formula; SDGs, climate could get more weightThe government is currently finalising the terms of reference for the 16th Finance Commission, which is likely to be set up shortly. The co...
- Punjab govt didn't utilise Rs 218 cr released by Centre for flood relief: Sunil JakharAddressing the media, Jakhar said the Central government released Rs 218 crore for Punjab without even considering the previous year's util...
- SaaS startup RevenueHero raises $5.1 million in funding from existing investorsThe funds raised will be utilised to scale the business across the North American market and to strengthen the team, a statement said.
- Centre may bring municipal bodies under TSA for effective funds use"Municipal finances is next on the reform agenda and bringing it to TSA will help in transparency in utilisation of funds," a senior offici...
- Captain Fresh raises $3 million in seed funding from Matrix, othersCaptain Fresh, a B2B marketplace for seafood, will utilise the fresh funding to deepen its sourcing and distribution networks, apart from i...
- Questions for 2020: India Inc starts investing?Reserve Bank of India’s (RBI) December Monetary Policy Statement says that capacity utilisation by India Inc, whether seasonally adjusted o...
- 25-yr old power plants to be turned into super critical plantsGoyal told Lok Sabha that these old power plants of NTPC, which together produced around 11,000 MW power, will be phased out gradually and ...
- MHA surrenders 'huge funds'; panel says it's underperformanceSome divisions in the Home Ministry were unable to completely utilise the funds even after the substantial cuts at RE stages imposed by the...
- Indefinite parking of money in schemes impedes growth: Arun JaitleyJaitleysaid release of government money should be calibrated with utilisation and it cannot be allowed to lie idle with states.
- India paid Rs 400 crore to international agencies, Japan, Germany for unutilized external loansIndia has paid over Rs 400 crore in the last four years as commitment charges to the Asian Development Bank, Japan, Germany and IBRD for un...
- Cong seeks Prez help for Special category status for OdishaCongress today urged President Pranab Mukherjee to grant Special Category State Status to Odisha.
- Odisha a victim of political consideration by Centre: Naveen PatnaikPatnaik was reacting to the CCEA's approval of allocation of Rs 250 cr per annum for the poverty stricken Kalahandi-Bolangir-Koraput region.
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