A total amount of Rs.95,000 crore released so far to all States and UTs with legislature
This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States
The Ministry of Finance, Department of Expenditure has released the...
The Ministry of Finance, Department of Expenditure has released the 13th weekly instalment of Rs. 6,000 crore to the States today to meet the GST compensation shortfall. Out of this, an amount of Rs. 5,516.60 crore has been released...
Telangana has become the 3rd State in the country to successfully undertake “Urban Local Bodies (ULB)” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs.2,508...
State will get Rs.4,604 Crores through special borrowing window and also permission to raise additional Rs.5,462 Crores through borrowings
The Government of Rajasthan has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance...
Prime Minister Shri Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on 5th November, 2020. The VGIR is being organized by the Ministry of Finance, Government of India, and National Investment and Infrastructure Fund. It is an...
Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an...
The Government of India has evolved a special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021. 21 States and 2 Union Territories opted for this special window involving back-to-back borrowing coordinated...
Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman while interacting with the Managing Committee Members of PHD Chamber of Commerce and industry through video conferencing today said that the Government has always recognised the importance of wealth...
The Government of India and the Asian Infrastructure Investment Bank (AIIB) here today signed a $750 million “COVID-19 Active Response and Expenditure Support Programme” to assist India to strengthen its response to the adverse impacts of the COVID-19 pandemic...
The Department of Expenditure, Ministry of Finance, has been monitoring, on a monthly basis, the performance of the 32 top Maharatna and Navratna Central Public Sector Enterprises (CPSEs) to review their capital expenditure and the dues to vendors with...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
