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Friday, May 3, 2024
TopicFinance ministry

Topic: finance ministry

Swamy questions Tarun Bajaj appointment as DEA secretary, calls him Robert Vadra’s ‘chela’

In a tweet, BJP MP Subramanian Swamy questions if civil servants are taking advantage of the PM’s ‘total engrossment’ with the Covid-19 pandemic.

Finance Ministry extends renewal date of health, motor insurance policies to 15 May

It is expected that similar extension will be effected for life insurance renewal policy also through a separate notification.

Govt slashes small savings scheme rates up to 1.4% for April-June quarter

Term deposits of 1-3 years will now fetch an interest rate of 5.5%, down from 6.9%, while the five-year term deposit will earn 6.7% instead of 7.7%.

OPDs shut, surgeries put off: Private hospitals write to finance minister for emergency fund

Corporate hospitals have sought an emergency relief fund that could be released through pending payments under CGHS, ECHS, exemption of GST & loan moratorium.

IAS and IRS officers in the finance ministry don’t really retire in Modi govt

A number of IAS & IRS officers of the finance ministry, even after retiring, are serving in cushy jobs at the RBI, EC, CVC and CIC under Modi govt.  

New Finance Secretary Ajay Bhushan Pandey is a multi-tasker — Indian economy will test him

For nearly a year between 2018 and 2019, Ajay Bhushan Pandey handled 3 crucial positions — revenue secretary, CEO of UIDAI & chairman of GST Network.

Morarji Desai saw this letter from Indira Gandhi as a brazen attack on his self-respect and resigned

In Morarji Desai: A Profile in Courage, Arvindar Singh writes about how 1969 was a turning point in Morarji’s life and in the history of India.

How your water bill could be key to Modi govt’s infra push for $5 trillion-economy goal 

Department of Economic Affairs is said to be making a push to ensure central & state govts try to recover the operational costs of big-ticket infra projects.

Fighting malnutrition is a Modi govt priority, but 2 ministries don’t agree on funding

The 15th Finance Commission recommends Rs 7,735 cr for Women and Child Ministry's malnutrition programme but Finance Ministry rejects recommendation.

A 16-point agenda to double farmer income & boost agriculture, but only 3% jump in outlay

Budget allocation for agriculture has increased by just 3% — from Rs 1.39 lakh crore in 2019-20 to Rs 1.43 lakh crore — amid acute rural distress.

On Camera

Two documents, Modi-Macron visits—India-France defence partnership is touching new heights

Horizon 2047 signed during Modi's visit to France in July 2023 and the defence industrial roadmap during Macron’s visit to India in January 2024 guide the strategic bonhomie between the two countries.

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.