Page 1837 - Economy & Policy News

Covid-19 impact: Centre releases truncated WPI inflation data for April

Reports 10.12% deflation in fuel, power basket

FM's Day 2 package: Govt's immediate fiscal cost will be close to Rs 10K cr

The direct spending by the centre, on Thursday's announcements will include Rs 3,500 crore that the centre will spend on providing free foodgrains to 80 million migrants

FM extends Rs 3.2-trillion stimulus to migrant workers and farmers

Migrant workers, farmers, street vendors, middle income groups to benefit ; Experts say implementation will be key, call for package to boost demand now

No regular passenger trains likely to run before June 30: Indian Railways

Shramik Special trains for migrants and fully-air conditioned special trains to continue operations

Work from home to be new normal for govt offices after lifting of lockdown

Draft guidelines in this regard have been circulated by the Personnel Ministry to all central government departments asking them to send their comments on it by May 21

Centre looks to nudge more MSMEs into manufacturing to reduce imports

Sources across ministries confirmed that Narendra Modi's call to "go vocal for local" will be achieved through a host of measures, running into the dozens, and will focus on long-term goals.

CPWD changes e-tendering process after 'malpractices' by its officers

The changes were announced in an "office memorandum" issued on Thursday by its DDG (e-governance) RM Niranjan

Subsidy extension to spur demand for affordable housing, say experts

The scheme, which has been extended to March 2021, offers interest subsidy of 3-4% to middle-income groups, depending on their income levels

Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers

Brings 25 million farmers under concessional loan scheme; experts say these measures do nothing to address basic problem of low farm prices and falling demand

Govt's piecemeal steps of little use, migrants need immediate help: Experts

No announcement on guaranteed minimum basic income which is the need of the hour, no immediate gains from ration card portability, they say

Kerala govt announces special package for MSMEs amid Covid-19 crisis

KSIDC will offer a moratorium on loans and interest to all operating units for three months without penal interest. The Corporation will also offer loans above Rs 50 lakh to MSMEs

Highlights: FM aims to help migrant workers, Congress says not enough done

Finance Minister Nirmala Sitharaman announced free food grains for 8 crore migrants for 2 months. Stay tuned with Business Standard for FM press conference live updates

All 9 Steps FM Nirmala Sitharaman announced in second tranche

Listen to the podcast to know about all the nine measures Finance Minister announced today

Vande Bharat phase-2: 149 flights to bring Indians home from 31 countries

Second phase from May 16 to 22; so far some 12,000 nationals have been brought back

Gujarat extends interest subsidy, loan for small traders, street vendors

Under the Atmanirbhar Gujarat Sahay Yojana scheme, the loan will be available via written application at co-operative banks, district banks and credit co-operative societies

Highlights: Food, housing, jobs for poor in FM's new measures for lockdown

Migrant workers, small farmers and street vendors get attention in Finance Minister Nirmala Sitharaman's new announcements.

Free food grain for migrant workers, easy farm credit in stimulus round 2

As many as 2.5 crore farmers will be provided Rs 2 lakh crore of concessional credit through Kisan Credit Cards

India's ultra mega solar parks offer $500-700 billion investment potential

Country now has a total capacity of 1 Gw across multiple ultra-mega solar parks, two of which are the largest commissioned in the world

UP govt use Disaster Relief Fund to pay for migrants' rail tickets

The state is arranging for trains to evacuate workers from Delhi, will make advance payment to facilitate speedy homecoming

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model