Government policies
New costal regulations bring construction closer to seas
31 Dec 2018
While the government claimed that the move will lead to enhanced activities in the coastal regions thereby promoting economic growth, environmentalists say the new CRZ norms will open up fragile inter-tidal areas to real estate agents at the cost of the fishing community
Modi may also hit the election trail with farm loan waiver scheme
31 Dec 2018
PM Narendra Modi is reported to be weighing 3 options - a direct payment to all landowning farmers, compensation for those who sold produce below government prices, and a general loan-waiver – involving a Rs3,00,000-crore outgo, to help farmers hit by low crop prices
Relief to common man as GST Council cuts rates on 23 items
24 Dec 2018
The decision will have an overall impact on revenue of Rs5,500 crore, union finance minister Arun Jaitley said after the meeting
Finance ministry proposes Rs83,000-cr PSB recapitalisation
21 Dec 2018
Interestingly, the Rs1,06,000 crore funds needed to recapitalise these NPA- and scams-hit banks will have to come from RBI itself, which the finance ministry hopes to come in the form of an interim dividend
GST slab for 99% items to be brought below 18%: PM Modi
19 Dec 2018
This would involve a huge outgo for the government as a reduction in GST on cement alone would translate into an annual revenue loss of about Rs14,000 crore as per official estimates