The Arun Jaitley National Institute of Financial Management (AJNIFM) and Microsoft signed a Memorandum of Understanding (MoU) for a strategic partnership to build an AI and emerging technologies Centre of Excellence at AJNIFM. The collaboration seeks to explore the role of cloud, AI and emerging technologies for transforming and shaping the future of public finance management in India. The ...
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Exchange Rate Notification No.57/2021 – Customs (N.T.)
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.54/2021-Customs(N.T.), dated 17th June, 2021 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of ...
Read More »Ministry of Electronics and IT approves 14 eligible applicants under Production Linked Incentive Scheme for IT Hardware Products
Under the leadership of Prime Minister Shri Narendra Modi and his visionary initiatives like the “Digital India” and “Make in India” programmes, India has witnessed an unprecedented growth in electronics manufacturing in the last five years. The National Policy on Electronics 2019 envisions positioning India as a global hub for Electronics System Design and Manufacturing (ESDM) by focusing on size ...
Read More »Odisha should plan for doubling rail density, when celebrates 100 years of its formation
A New line from Bhadrachalam (AP) to Kharagpur (WB) passing through central parts of Odisha from Mottu to Malkangiri- Rayagada Phulbani-Angul-Baripada will be a game changer for Odisha’s Development. Odisha State will be completing 100 years of its statehood on 1st April 2036. Our state Govt aims to make Odisha as one of the most developed states of the ...
Read More »Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’ as major step to accelerate Tech Start-ups across India
In a move to give a major push to tech startups across the country, Atal Innovation Mission, NITI Aayog Wednesday concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors. The fintech cohort was done through a series of thematic virtual demo days organised AIM in partnership with Startup ...
Read More »Black carbon could lead to premature mortality: study
Black Carbon has a significant adverse effect on human health and leads to premature mortality, says a new study. The study could help in the estimation of future burden of mortality associated with air pollutants more accurately. The Indo-Gangetic plain is exposed to black carbon (BC) with serious implications on regional climate and human health. However, most of the pollutions-based ...
Read More »Cabinet approves Revamped Distribution Sector Scheme: A Reforms based and Results linked Scheme”
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme. The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance will be based on meeting ...
Read More »Cabinet approves Loan Guarantee Scheme for Covid Affected Sectors and to enhance the corpus of Emergency Credit Line Guarantee Scheme
On account of the disruptions caused by the second wave of COVID 19 specially on healthcare sector, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling funding to the tune of Rs. 50,000 crore to provide financial guarantee cover for brownfield expansion and greenfield projects related to ...
Read More »Government reaffirms its commitment to continuous improvement in taxpayer services
GST is a historic tax reform introduced on the 1st of July 2017. Over the years there has been a reduction in the tax rates, simplification of procedures and a growing economy has also led to an exponential increase in the tax base. GST revenues have steadily grown and have been above the 1 lakh crore mark for eight consecutive ...
Read More »INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MAY, 2021
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries (ICI) for the Month of May, 2021. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent ...
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