Page 10 - Government Policies

Cong questions govt over corp tax cut resulting in negative revenue impact

The Congress on Tuesday questioned the BJP government over corporate tax cut leading to a revenue loss of Rs 1.84 lakh crore while the middle-class was charged at the peak rate of 30 percent.

Changes in rules from August 1: LPG cylinder price, BoB payment scheme

August will be full of shocks and surprises as there will be some changes in rules, banks closed for 18 days, a change in the Bank of Baroda cheque payment system and the introduction of PPS

44% state bills passed within a day after they were tabled, shows report

State legislatures also meet more infrequently, sitting for an average of just 21 days

Martin Wolf on how he rates the performance of the government?

In an interview with Business Standard's Asit Ranjan Mishra, chief economics commentator, Martrin Wolf lists the success and failures of the Indian government on multiple fronts.

Govt approves sale of electoral bonds from July 1-10: What you need to know

The government on Wednesday approved issuance of the 21st tranche of electoral bonds that will open for sale from July 1. Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding. State Bank of India (SBI), in the 21st phase of sale, has been authorised to issue and encash electoral bonds through its 29 authorised branches with effect from July 1 to July 10, the finance ministry said in a statement. The authorised SBI branches include those in Lucknow, Shimla, Dehradun Kolkata, Guwahati, Chennai, Patna, New Delhi, Chandigarh, Srinagar, Gandhinagar, Bhopal, Raipur, and Mumbai. Assembly elections are due in Gujarat and Himachal Pradesh later this year. Polls for five states -- Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa -- concluded in March this year. The 20th tranche of bond sales took place from April 1 to April 10, 2022. The sale of the first batch of electoral b

Delhi govt to extend free ration scheme till September 30: Kejriwal

The Delhi Cabinet has decided to extend the free ration scheme in the city till September 30, Chief Minister Arvind Kejriwal said on Wednesday. The move will benefit nearly 73 lakh beneficiaries in Delhi, he said. Kejriwal said his government has been supplying ration for free to almost 73 lakh citizens since April 2020 in the wake of coronavirus pandemic. "The Delhi government has been providing free ration to the people for the last couple of years. The government offers ration at a nominal rate from ration shops. "However, for the last few years, we've been giving that for free. We have extended this scheme till September 30 and will continue supplying free ration in the coming months too," Kejriwal said at a online media briefing after the cabinet meeting. The government also released a statement later where it said during the meeting, the Food and Civil Supplies department proposed the extension of the scheme for NFSA beneficiaries for another four months from June to Septemb

Amendments to Electricity Act could be tabled in monsoon session: R K Singh

Government seeks another round of power distribution reform and boost renewable energy

After farmers, youth suffering from govt decisions: Tikait on Agnipath

The farmers of the country suffered for 13 months due to the "wrong policies" of the BJP-led Centre and now, youngsters are facing the results of a "wrong decision", farmer leader Rakesh Tikait said

RBI's regulation review authority moots periodic review of existing rules

Also suggests that regulatory instructions should contain a statement of objective underlying the rationale for their issuance, supplemented with FAQs/guidance notes and illustrations

Framework for fake reviews on e-com websites within 60 days, says govt

Days after meeting stakeholders, the Department of Consumer Affairs (DoCA) on Friday said it will be developing a framework to keep check over fake reviews on e-commerce websites within 60 days.

Govt policies, proactive steps helped India deal with Covid: FM Sitharaman

Enabling policies and proactive steps taken by the government, including tax cuts helped the country deal with the unprecedented situation arising due to the pandemic, said FM Sitharaman

World Economic Forum 2022: Who's visiting Davos and what's the agenda?

The meeting is centered around the theme History at a Turning Point: Government Policies and Business Strategies

Policy should be pro-innovation, light touch, says NITI Aayog CEO

NITI Aayog CEO Amitabh Kant on Tuesday said the country's policies need to be pro-innovation, light touch and progressive, as also they should be benchmarked against the world's best.

Registrations on e-shram portal cross 10-crore mark, shows data

The states with more than 1 lakh registrations are Uttar Pradesh (2.61 lakh), West Bengal (1.08 lakh) and Bihar (1.02 lakh), a ministry statement said

Differences abound in global, India inflation drivers, say experts

Say, overall, inflation unlikely to be a major worry in India, except for food inflation

Govt policies directed at fostering competition in economy: CEA

The focus of the government policies in the last seven years has been on enabling competition in the economy, CEA K V Subramanian said, stressing this is partly responsible for growth of startups

Ambitious again? Tata group entering too many global giants' turfs all at once

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

The chirping economist

'Their comments pertain to government policy. Some praise it, others criticise it', says the author

Vivad Se Vishwas scheme: Govt extends time till June 30 for making payments

The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months till June 30

Govt sanctions over Rs 25,000 cr to 114,000 accounts under 'Stand-Up India'

Centre has sanctioned an amount of Rs 25,586 crore under the 'Stand-Up India' scheme to over 114,000 accounts up to March 23 since the inception of the scheme