News The central government has given more fiscal freedom to the states but they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push ...
Read More »India and Sweden singned MoU on cooperation on MSME
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has signed the Memorandum of Understanding (MoU) between India and Sweden on cooperation in the field of Micro, Small and Medium Enterprises. The objective of the MoU is to promote cooperation between the Micro, Small and Medium Enterprises of ...
Read More »Coastal Shipping between India and Bangladesh to surge
In a move to reduce the freight charges between India and Bangladesh, the Union Cabinet has approved the agreement on Coastal Shipping to carry out movement of goods between the two countries. Exim trade between the two nations would be benefited and also the utilization of port capacities of Indian ports ...
Read More »Union Cabinet approves amendments to the The Land Acquisition Ordinance
News The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Ordinance, 2015. The changes will facilitate farmers to get better compensation and rehabilitation and resettlement benefits in lieu ...
Read More »Development of Trunk Infrastructure components
News The Cabinet Committee on Economic Affairs has approved the constructions of trunk infrastructure components and landscaping for Phase-1 of the Shendra Bidkin Industrial Area (SBIA) spreading across 8.39 sq km in Maharashtra and Dholera Special Investment Region in Gujrat covering the activation area of 22.5 sq. km in ...
Read More »Research Labs in India to turn into solutions for common man
Dr Harsh Vardhan, the Union Minister for Science and Technology and Earth Sciences has said it is time now for Indian scientists to translate research in labs into solutions for the common man as a part of ‘Make in India’. He said that research into Ayurgenomics would get full government ...
Read More »Veena Jain named Doordarshan DG
News The information and broadcasting (I&B) ministry on Friday appointed Veena Jain as director general (news) in Doordarshan will be reporting directly to the ministry of Information and Broadcasting. Jain, an additional secretary rank official, will also hold charge as officer on special duty overseeing the ministry’s new media wing ...
Read More »Rs 2 lakh penalty from next financial year for not answering tax authorities queries
News Failure to answer questions from the tax department can entail a penalty of up to Rs two lakh from the next financial year under the new black money law, which has got the assent of the President. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax ...
Read More »New directors for ISRO in three major centres
News Three major centres of Indian Space Research Organisation, including Satish Dhawan Space Centre (SDSC) in Sriharikota, will have new Directors from tomorrow. Dr K Sivan, Distinguished Scientist and currently Director of Liquid Propulsion Systems Centre (LPSC), Thiruvananthapuram, will take over as the Director of Vikram Sarabhai Space Centre (VSSC), ...
Read More »New 3-page Income Tax return forms
News The Finance Ministry today came out with new three-page income tax return (ITR) forms, dropping the controversial provision for mandatory disclosure of foreign trips and dormant bank accounts, while it also extended the last date of filing to August 31. The new forms – ITR 2 and ITR 2A ...
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