Page 7 - Government Policies

Govt mulls subsidising carmakers investing in local EV production

The government plans to extend incentives to carmakers based on the investments they make to manufacture cars locally, an official aware of the development said

Pre-Budget consultations to start from 10 October 2023, says govt

The department of economic affairs has asked the ministries to ensure that their data for the pre-Budget discussion is ready and filed by October 5

Sugar demand-supply would be comfortable in next season, says Centre

Sugar has a combined weight of 1.13 per cent in the consumer price index (CPI). This is lower than rice, wheat and refined edible oils

LPG price cut may bring down September inflation by upto 30 bps: Analysts

The decision to cut the price of domestic LPG cylinders by Rs 200 for all connections comes amid high inflation and ahead of crucial state and general elections

Amid slowdown, Centre reviews export scenario with promotion councils

The matter was discussed at the Centre's review of sectoral progress in exports with the export promotion councils on Tuesday, people aware of the matter told Business Standard

Higher govt spending likely to help ease liquidity in banking system

There are signs of improvement in the liquidity scenario as banks parked Rs 25, 833 crore with the RBI on Thursday

PM Gati Shakti Master Plan: Everything you need to know about this project

In October 2021, PM Gati Shakti-National Master Plan was launched to foster an integrated and planned infrastructure to save logistics costs

Withdraw PF and EPF: Process to receive amount in your bank account

EPF members may present their withdrawal or transfer claims both offline and online. The members can view the progress of their EPF claims online no matter how they have submitted their application

Nitin Gadkari to launch Bharat NCAP today, here's all you should know

Union minister of road transport and highways Nitin Gadkari will launch Bharat New Car Assessment Programme (NCAP) today to boost the safety standards of motor vehicles

Govt to launch Vishwakarma Yojana for skilled traditional craftsmen

Besides, the prime minister in his speech also stressed upon the need for harnessing the demographic dividend and for creating a future ready skilled workforce

Centre launches ULLAS mobile application to promote basic literacy

Addressing the citizens, Union Minister Pradhan emphasised the importance of the ULLAS mobile application in utilising technology to promote universal access to basic literacy

Centre's Svamitva scheme spawns infrastructure for accurate map making

The concluding part of the series on Svamitva looks at CORS, a network of GPS-enabled stations for creating maps in quick time

Govt in election mode

What could be on the cards to bolster its prospects?

PM SVANidhi scheme's spread among fastest, says Hardeep Puri

Union minister Hardeep Singh Puri on Thursday said the PM SVANidhi scheme, launched to help street vendors get easy loans, is witnessing one of the fastest roll-outs among all government schemes. The Union housing and urban affairs minister was speaking at an event on the completion of three years of the Prime Minister Street Vendor's AtmaNirbhar Nidhi, also known as PM SVANidhi. According to a statement, the minister at the event said the PM SVANidhi has led to an unparalleled wave of financial inclusion and digital literacy in the countries cities and small towns. The scheme, launched on June 1, 2020, with an aim to instil 'Swarozgar, Svavlamban, Swabhimaan' (Self Employment, Self-Sustenance, and Self-Confidence) in street vendors has become one of the fastest growing microcredit schemes of the central government and has given people access to credit and social security schemes, the statement said. Puri on Thursday also launched a PM SVANidhi mobile app to ease the loan applicati

From electronics to semiconductor, MNCs in search of policy stability

Global manufacturing majors seek a less unpredictable policy environment before investing more 'China-Plus-One' dollars in India

Aiming for the high road

Government's policies can either enable or limit our prosperity

Delhi Waqf board can only be custodian, not owner of properties: Centre

Earlier an affidavit has been filed before the court of Justice Manoj Kumar Ohri in a petition of the Delhi Waqf Board challenging the order to inspect 123 properties

Out-of-pocket health spend share falls, govt expenditure rises: NHA

The trend of private health insurance is also showing an upward trend, rising from 3.7 per cent in 2014-15 to 7 per cent in 2019-20

Trade resents losses due to government's faults

It is now for the industry associations to agitate the matter before the government

Govt to nudge PSBs to increase enrolments of its insurance schemes

Currently, active enrolments under PMJJBY and PMSBY stand at 83 million and 239 million, respectively, and claims of about Rs 15,500 crore have been paid under both schemes