Government policies
Modi’s economy booster may come in GST rate cuts on 60 items
06 Oct 2017
Reports quoting finance ministry officials said the government has identified many items in the 28 per cent and 18 per cent GST brackets that would be brought down to 18 per cent and 12 per cent, respectively
If demonetisation is a bold step, so is suicide: Arun Shourie
04 Oct 2017
Former disinvestment minister in the Atal Behari Vajpayee government, launched a blistering attack on the Narendra Modi government, blaming it squarely for the current economic slowdown and terming demonetisation as the “largest money-laundering scheme ever”
Petrol, diesel to cost less as centre cuts excise duty by Rs2 per litre
04 Oct 2017
The decision comes after the government increased excise duty on auto fuels nine times since the oil price fall, and state-run oil marketing companies increased petrol prices by Rs7.8 a litre and diesel rates by Rs5.7 a litre since July this year
After NITI Aayog, Modi now sets up Economic Advisory Council
26 Sep 2017
Prime Minister Narendra Modi felt the need for an Economic Advisory Council, nearly three years after the economic think tank NITI Aayog he set up brought in only reforms and no growth
PM launches 'Saubhagya' schemes, targets electricity for all
25 Sep 2017
The 'Saubhagya' schemes provide for free electricity for five years, among other benefits, to people belonging to socially and economically backward classes
Centre announces new PPP policy to make housing affordable
22 Sep 2017
The new policy extends central assistance of up to Rs2.50 lakh per house to those constructed on private lands and offers government land for private construction while offering eight PPP options to builders to choose from
Govt assures appropriate measures to stimulate economy
21 Sep 2017
Reports quoting senior finance ministry officials said the idea is to loosen the government’s purse strings targeting an additional spending of Rs50,000 crore in the current financial year to stimulate the economy
Karti refuses to appear before CBI; ‘grill me’, says Chidambaram
15 Sep 2017
Former finance minister P Chidambaram said it was he who approved the deal after FIPB clearance and that the CBI should question him instead of harassing Karti Chidambaram
JNU, DU among hit as govt clamps down on FCRA violations
14 Sep 2017
Registration of these institutions under the Foreign Contribution Regulation Act has been cancelled in view of their failure to file annual returns for five consecutive years
Govt to select bankers, lawyers for Air India sale process
14 Sep 2017
The government may consider allowing foreign airlines to invest in Air India, although the consolidated FDI circular keeps Air India out reach for foreign investors