PMO

News: India is expected to witness “stable growth momentum” while mixed trends are anticipated in other major developing and developed countries, Paris-based think tank OECD said. Neighbouring China as well as Brazil are projected to see a loss in growth momentum, according to the Organisation for Economic Cooperation and Development ...

News: According to American brokerage Morgan Stanley, stocks of Public Units (PSUs) are about 30 per cent undervalued due to a slew of issues. Lack of autonomy and political interference in their functioning have been the biggest bane of PSUs. Betting on state-run giants such as Coal India, PowerGrid, BPCL, ...

News: Government has released Rs 4,015.20 crore under package of over Rs 7,200 crore for the parched Bundelkhand region. Union government had approved Rs 7,266 crore special package for implementing drought mitigation strategies in Bundelkhand on November 19, 2009. The special package included Rs 3,506 crore for Uttar Pradesh and ...

News: In an effort to prevent delay in payments to workers under the rural employment guarantee scheme, union cabinet has approved direct benefit transfer to beneficiaries of the MNREGA workers. The rural development ministry will release the money directly into the State Employee Guarantee Funds  once a finance order has been generated. ...

News: Kaushik Basu, senior vice president and chief economist of the World Bank, has first-hand experience working in North Block having served as India’s chief economic advisor from 2009 to 2012 and his forthcoming book, An Economist in the Real World, is based on a ringside view of those India ...

News: “The government is mulling the option of stopping salaries if Parliament transacts no business because of disruption,” said Union tourism minister Mahesh Sharma. Source: TOI

News: Government has declared that every communication by an MP or a VIP should be acknowledged by ministries or departments within 15 days. It also provides for appropriate record and regular monitoring of communication received from Members of Parliament. Source: ET

News: Niti Aayog wants to hire seven consultants as officers on special duty (OSD) at a monthly remuneration of Rs 1.55 lakh each, a move that will reduce the workload. The consultants, who are expected to be experts in areas of economics and social issues, IT, transportation, legal issues and ...

News: According to a study by Pew Research Center, 74 per cent of Indians currently think the economy is doing well, compared with 64 per cent a year ago. In India, 74 per cent today believe their children will have a better future than they did, against from 67 per ...

News:  The Centre is likely to work out the contours of the reworked land acquisition bill by next week amid indications that it may be purged of all the politically unpopular provisions. Government may allow states to draft their own acquisition laws with the frame of reference being the central ...