Foreign Relations
Smt. Meenakashi Lekhi Visits Greece
Minister of State for External Affairs and Culture (MoS) Smt. Meenakshi Lekhi visited Greece on 30-31 January 2023. […]
Day: February 1, 2023
Foreign Relations
G-20 Workshops on AIF and MP Farm Gate to be organised
On the occasion of India’s presidency of the G-20, through the theme, ‘One Earth, One Family, One Future, a one-day workshop on the Agriculture Infrastructure Fund (AIF) and Madhya Pradesh Farm Gate App is being organized on February 02, 2023, […]
Foreign Relations
Alkesh Kumar Sharma starts off G20 Cyber Security Exercise and Drill
The Secretary, of the Ministry of Electronics and Information Technology (MeitY), Shri Alkesh Kumar Sharma inaugurated the G20 Cyber Security Exercise and Drill for more than 400 domestic and international participants under India’s G20 presidency, here yesterday. […]
Business
Jamaica designated India as a “Pioneer Investor”.
Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said, the world today recognises India’s Blue Economy resources […]
Economy
37.4% increase in capital expenditure in 23-24
“Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment,” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. […]
Economy
About 16 % increase in national calamity contingent duty on specified cigarettes
While presenting the Union Budget 2023-24 in Parliament today, Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman proposed to revise National Calamity Contingent Duty (NCCD) on specified cigarettes upwards by about 16%. […]
Economy
Basic customs duty rates on goods, reduced from 21 to 13
With an aim to promote exports, boost domestic manufacturing, enhance domestic value addition and encourage green energy and mobility, the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today […]
Economy
Major announcements in personal income tax to benefit the middle class
With the objective of benefitting the hard-working middle class of the country, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitaraman made five major announcements with respect to personal income tax while presenting the Union Budget 2023-24 in Parliament today. […]
Economy
Nominal GDP to grow at 15.4 % in FY 2022-23
“Despite external exogenous shocks, India’s economy is relatively insulated from global spillovers compared to other EMEs, partly because of its large domestic market and relatively looser integration in global value chains and trade flows” […]
Economy
Capital investment outlay increased by 33% to ₹ 10 lakh crore
Continuing with the trend of recent years, Union Budget 2023-24 proposes a steep increase in capital investment outlay – envisioning capital investment as the driver of growth and jobs. […]
Economy
50 destinations to be developed as a ‘complete package of tourism’
At least 50 destinations will be selected and developed as a complete package of tourism, announced the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament here today […]
Economy
₹ 9000cr for revamped credit-guarantee scheme to MSMEs
While presenting the Union Budget 2023-24 in Parliament here today, Union Minister for Finance and Corporate Affairs Smt. […]
Economy
Coastal shipping promoted through PPP mode with viability gap funding
India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in a green industrial and economic transition. […]
Economy
Urban infrastructure development fund to be established
States and cities will be encouraged to undertake urban planning reforms and actions to transform cities into ‘sustainable cities of tomorrow’. […]
Economy
Highest ever capital outlay of ₹2.40 lakh crore for railway
Investments in infrastructure and productive capacity have a large multiplier impact on growth and employment. After the subdued period of the pandemic, private investments are growing again. […]
Economy
Atmanirbhar clean plant program to be launched with an outlay of rs. 2,200 crore
An Atmanirbhar Clean Plant Program will be launched with an outlay of Rs. 2,200 crores to boost the availability of disease-free, quality planting material for high-value horticultural crops […]
Economy
The mantra of “leaving no one behind” Achievement since 2014
Highlighting the country’s achievements since 2014, Union Finance Minister, Smt Nirmala Sitharaman while presenting the Union Budget 2023-24 emphasized the mantra of “leaving no one behind” […]
Economy
Budget 23-24 presents a vision for Amrit kaal- a blueprint for an empowered economy
Union Budget 2023-24 presented by Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs in the Parliament today outlined the vision of Amrit Kaal […]
Economy
Highlights of the union budget 2023-24
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows […]
Economy
Industrial sector gross value added (GVA) rose by 3.7% in the first half of fy23
The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade […]
Economy
Availability and spread of digital infrastructure to contribute significantly to economic growth
While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in the socioeconomic development of the country has assumed increased importance […]
Economy
The government on track to achieve the fiscal deficit target of 6.4%
“The gradual decline in the Union government’s fiscal deficit as a % of GDP, in line with the fiscal glide path envisioned by the government, is a result of careful fiscal management supported by buoyant revenue collection over the last two years” […]
Finance
Proactive measures by the government bring inflation within RBI’s tolerance limit
Prompt and adequate measures by the Government of India and the Reserve Bank of India (RBI) have reined in the rise in inflation and brought it within the Central Bank’s tolerance limit […]
Business
The service sector grew at 8.4 % in FY 22
The services sector witnessed a swift rebound in FY22, growing Year-on-Year (YoY) at 8.4% compared to a contraction of 7.8% in the previous financial year […]
Finance
Monthly Review of Accounts of Union Government of India
The Monthly Account of the Union Government of India up to the month of December 2022 has been consolidated and reports published. The highlights are given below: […]
Finance
Rs 1.55 lakh crore gross GST collected in the month of Jan 2023
The gross GST revenue collected in the month of January 2023 till 5:00 PM on 31.01.2023 is Rs 1,55,922 crore of which CGST is Rs 28,963 crore […]
Economy
Economic survey 2022-23: highlights
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2022-23 in the Union Parliament today. The highlights of the Survey are as follows: […]
Finance
RCF pays Rs. 212cr+ as dividends to the Government of India
Rashtriya Chemicals and Fertilizers Limited (RCF), an Indian central public sector under the Ministry of Chemicals and Fertilizers, paid a total dividend of Rs. 3.85 per share amounting to Rs. 212.40 crores for FY 2021-22 (previous year Rs. 2.98 per share amounting to Rs. 164.40 crores). […]
Business
PM lauds utilisation of India-UAE CEPA by Indian Exporters
The Prime Minister, Shri Narendra Modi has lauded the utilisation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) by Indian Exporters […]
General
MIB Issues Advisory on the responsibility of Public Service Broadcasting
The Ministry of Information & Broadcasting issued the “Guidelines for Uplinking and Downlinking of Television Channels in India, 2022” on 09.11.2022. […]
Foreign Relations
NSA Ajit Doval is on an official visit to Washington DC
National Security Advisor Ajit Doval is on an official visit to Washington DC from 30 January to 1 February 2023. He is accompanied by senior Government of India officials as well as leaders of Indian industry. […]