Page 1509 - Economy & Policy News
How NSSF could morph from a rainy-day fund into a huge burden for the govt
Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market
 "How NSSF could morph from a rainy-day fund into a huge burden for the govt")
Triggering alarm: Reserve Bank of India's lack of support pushes up yields
The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent
 "Triggering alarm: Reserve Bank of India's lack of support pushes up yields")
As border tensions ease, India to clear 45 investments from China: Report
The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions
 "As border tensions ease, India to clear 45 investments from China: Report")
Loans with dues in excess of 90 days show spike in Dec 2020: ICRA
The delinquencies, which were 0.6-0.7 per cent level in February, shot up to 3.4-3.6 per cent in case of SME and MFI segment by December
 "Loans with dues in excess of 90 days show spike in Dec 2020: ICRA")
Commerce ministry should remove impossible conditions in SEZ rules: Expert
The Commerce Ministry should amend the Rule 34 suitably and also the Rules 46(12) and 46(13), as the procurement certificate has been replaced with the intimation prescribed under Rule 5 of Customs
 "Commerce ministry should remove impossible conditions in SEZ rules: Expert")
Fuel price hike could see 50,000 small truckers going out of business
Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard
 "Fuel price hike could see 50,000 small truckers going out of business")
PM Narendra Modi launches Rs 3,222-crore petro, gas projects in Assam
PM Modi enumerated steps taken by the state government led by Sarbananda Sonowal
 "PM Narendra Modi launches Rs 3,222-crore petro, gas projects in Assam")
59% respondents cutting spends to cope with rising fuel prices: survey
Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure
 "59% respondents cutting spends to cope with rising fuel prices: survey")
MPC minutes: Unwinding high indirect taxes on fuel critical, says Das
Fall in inflation gives MPC room to continue to support growth in economy
 "MPC minutes: Unwinding high indirect taxes on fuel critical, says Das")
Centre likely to go Canada way to set up SPV for land monetisation
Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms
 "Centre likely to go Canada way to set up SPV for land monetisation")
Import embargo on 101 defence items would encourage self-reliance: PM Modi
Modi underscored the opportunities the government has created for the private sector by bifurcating the capital procurement budget into separate domestic and foreign procurement routes
 "Import embargo on 101 defence items would encourage self-reliance: PM Modi")
5,000 clusters for artisans can be started under SFURTI scheme: Gadkari
MSME Minister Nitin Gadkari on Monday said 5,000 clusters for artisans can be started under the SFURTI scheme by fast-tracking the approval processes and reducing red-tape.
 "5,000 clusters for artisans can be started under SFURTI scheme: Gadkari")
TERI, POSOCO sign MoU to encourage research in domestic power sector
Preparation of joint reports and capacity building of state utilities is also part of the MoU
 "TERI, POSOCO sign MoU to encourage research in domestic power sector")
India's inflation target band needs adjustment, says CEA Subramanian
India's retail inflation, which had touched double-digits during the previous Congress party-led government, has gradually fallen, helping Modi to win a second term in 2019
 "India's inflation target band needs adjustment, says CEA Subramanian")
Gadkari reviews Telangana projects, including Rs 15,980 cr Ring Road
The ring road project comprises two parts -- Rs 9,500 crore northern part and Rs 6,480 crore southern portion
 "Gadkari reviews Telangana projects, including Rs 15,980 cr Ring Road")
India, Mauritius ink landmark economic cooperation agreement
India on Monday signed a landmark Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with Mauritius
 "India, Mauritius ink landmark economic cooperation agreement")
MPC minutes: Growth momentum needs to strengthen further, says RBI Guv
The Reserve Bank remains committed to ensure the availability of ample liquidity in the system to foster congenial financial conditions, says Governor
 "MPC minutes: Growth momentum needs to strengthen further, says RBI Guv")
Bihar's Rs 2.18 trillion budget for FY22 prioritises social, infra sectors
Presenting the revenue-surplus budget in the House, Deputy Chief Minister Tarkishore Prasad, who holds the finance portfolio, proposed to introduce a separate department for skill development
 "Bihar's Rs 2.18 trillion budget for FY22 prioritises social, infra sectors")
Central govt looting people: Sachin Pilot on rising fuel prices
Pilot on Monday questioned the silence of BJP leaders on inflation and rising fuel prices
 "Central govt looting people: Sachin Pilot on rising fuel prices")
UP govt makes provision of Rs 1,175 crore for metro rail projects
The state government has made the provision in the state budget presented in the assembly on Monday
 "UP govt makes provision of Rs 1,175 crore for metro rail projects")