Page 1667 - Economy & Policy News
Onion shipments handed over to customs before export ban could be released
A decision has been taken that onion export shipments which were handed over to the customs before imposition of the export ban on the vegetable could be released for sending to various countries
 "Onion shipments handed over to customs before export ban could be released")
Provide power connection under drip irrigation scheme: Gehlot to officials
Rajasthan Chief Minister Ashok Gehlot instructed officials on Thursday to issue power connection under the drip irrigation scheme
 "Provide power connection under drip irrigation scheme: Gehlot to officials")
Partial relief for firms as govt extends IBC suspension for three months
Companies were looking for a six-month extension; suspension doesn't apply to defaults before March 25
 "Partial relief for firms as govt extends IBC suspension for three months")
Indian banking to be among the last to recover in Covid-19 crisis: S&P
NBFC sector will take a long time to recover too, says India Ratings.
 "Indian banking to be among the last to recover in Covid-19 crisis: S&P")
RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist
Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay
 "RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist")
Codes give more power to states to be flexible on labour laws
The move, after President's nod, will help industry push for exemption at a micro-level, and flexibility in retrenchment, working hours, safety standards and collective bargaining
 "Codes give more power to states to be flexible on labour laws")
CAG raises issue of viability of NPS schemes for govt employees
Without such evaluation, there is no guarantee of viability of these schemes, CAG said in its report on the NPS, presented to Parliament on Wednesday
 "CAG raises issue of viability of NPS schemes for govt employees")
Seek approval before re-appropriating funds for travel, other costs: FinMin
Similarly, the office memorandum said there is also a need to protect the capital expenditure
 "Seek approval before re-appropriating funds for travel, other costs: FinMin")
Indo-US trade deal unlikely in next 4 yrs: Ex-White House economic adviser
Earlier this month, Union Commerce Minister Piyush Goyal had said that India has given a "very good and balanced offer" to the US for such a pact
 "Indo-US trade deal unlikely in next 4 yrs: Ex-White House economic adviser")
Focus on 100% source segregation, waste processing: Housing Affairs Min
Ministry of Housing and Urban Affairs Secretary Durga Shanker Mishra asked the states on Thursday to focus on 100-per-cent source segregation and waste processing, according to a statement.
 "Focus on 100% source segregation, waste processing: Housing Affairs Min")
CSEP appoints Vikram Singh as Chairman, Rakesh Mohan as President
Centre for Social and Economic Progress, a policy think tank, on Thursday said it has appointed Vikram Singh Mehta as Chairman and former RBI deputy governor Rakesh Mohan as the Centre's President.
 "CSEP appoints Vikram Singh as Chairman, Rakesh Mohan as President")
65% people suffer loss of income, 55% may seek loan recast, says survey
65 per cent people polled in a survey have said that the pandemic and ensuing lockdowns hit their income and 56 per cent respondents claimed to have availed moratorium on loan and credit card dues.
 "65% people suffer loss of income, 55% may seek loan recast, says survey")
Primary healthcare focus area of govt: NITI Aayog CEO Amitabh Kant
Primary healthcare is the government's focus area where it is taking steps to provide quality medical facilities at the grassroots level
 "Primary healthcare focus area of govt: NITI Aayog CEO Amitabh Kant")
Sales of new homes surged 4.8% in August to annual rate of 1 million units
Sales of new homes rose by a very strong 4.8 per cent in August to a seasonally-adjusted annual rate of 1.01 million units.
 "Sales of new homes surged 4.8% in August to annual rate of 1 million units")
RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs
The technology vision document, which was formalised after obtaining inputs from various stakeholders, is aimed at enhancing the cybersecurity posture of UCBs
 "RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs")
Govt extends FAME-II certificate validity for approved EV models
The government has extended the validity of the certificates for availing benefits under the FAME-II scheme for all approved electric vehicle models by three months till December 31.
 "Govt extends FAME-II certificate validity for approved EV models")
Govt forms five task forces to make Indian MSMEs future-ready: Secy
MSME Secretary A K Sharma expressed confidence that it would be on the path of implementing the futuristic initiatives by the start of next year
 "Govt forms five task forces to make Indian MSMEs future-ready: Secy")
PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5
At the RAISE 2020 summit, delegates and experts in research, policy and innovation on AI will join from across the globe
 "PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5")
Securities Appellate Tribunal suspends judicial work till Oct 1 amid Covid
SAT has suspended judicial work till October 1 amid the coronavirus pandemic.
 "Securities Appellate Tribunal suspends judicial work till Oct 1 amid Covid")
Farmers' stir: UP plans to advance sugarcane crushing season to Oct 15
India's top sugar producer, UP had logged over 12 million tonnes last year
 "Farmers' stir: UP plans to advance sugarcane crushing season to Oct 15")