The scheme was initially rolled out for three months till June to ensure no poor goes hungry during the Covid-19 crisis
Govt will invest Rs 12,750 crore in recapitalising the three state-owned insurance companies- Oriental Insurance, National Insurance and United India Insurance
Finance Minister Nirmala Sitharaman had announced the extension of the benefit in May this year under the Pradhan Mantri Garib Kalyan Yojana
The National Insurance Company, Oriental Insurance Company and United Insurance Company will get the additional capital
The newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies
Suspension should not result in unintended consequences
The two bodies also aim to make Indian products go global, help develop investible pipelines
Tweeting in Hindi and English, he said these decisions will have a very positive impact on rural India, especially industrious farmers
These could include the much-talked-about proposal allowing commercial coal mining and may also include an ordinance on freeing up inter-state trade in agricultural commodities.
NBFCs cry foul as they were expecting a two-three year support
Instead of Rs 70,000 a month constituency allowance they will get Rs 49,000 from April 1 this year, according to notifications issued by the Lok Sabha and Rajya Sabha secretariats.
The Union Cabinet headed by Prime Minister Narendra Modi also approved another promotion of medical device parks scheme worth Rs 400 crore for financing common infrastructure facilities
Incentives will be linked to incremental sales and capital investment of the companies
More than consolidation, PSBs need real reforms
Business Standard Opinion pieces for the day talk about bank merger and coronavirus among other issues.
In ease of doing business push, 72 changes to companies law okayed
The Union Cabinet, she said, has given a go-ahead for the merger proposal and the government has been in regular touch with these banks
Cabinet likely to take up new scheme for consideration soon
The difference between the actuarial premium rate and the premium paid by farmers was the subsidy shared equally between the Centre and states
It proposes establishment of a national registry and registration authority for all clinics and medical professionals serving in the field