Government: Page 5

News and Trends

Piyush Goyal Invites All E-Commerce Players To a Much Larger Market

The minister highlighted that ONDC will foster economies of scale, competition and better pricing along with quality that will ultimately benefit consumers

News and Trends

Government Launches E-Commerce Portal For Artisans

According to the textile ministry statement, the portal reportedly doesn't charge any commission from sellers and provides free shipping with a return option to customers along with multiple payment gateways to pay online

News and Trends

Working With MeitY And RBI; FM On Ponzi Apps

Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them

News and Trends

Buying Amul Products Is Not Against Karnataka, Says Nirmala Sitharaman

The minister further emphasized the importance of healthy competition, which has led to India becoming the world's largest milk producer and argued that the focus should be on strengthening India in every aspect, rather than creating political issues around the dairy industry

News and Trends

Vedanta-Foxconn Semiconductor JV Finally Shares Details Of Technology Partner

The Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in December 2021 to promote domestic semiconductor manufacturing

News and Trends

UP Government Sets Target To Become First State To Have 100% EVs In Government Departments

To promote EVs in UP, the Yogi government has decided to give up to 100% exemption on road tax and registration fee for three years

News and Trends

Crypto Issue Requires Immediate Attention, Says Nirmala Sitharaman

The minister further noted that there was consensus among G20 members to have a globally coordinated policy response on crypto assets that takes into consideration the full range of risks, including those specific to emerging markets and developing economies

News and Trends

SRAM & MRAM To Invest INR 30,000 Crore In Odisha To Set Up Semiconductor Unit

The investment will be made and utilised in a phased manner, where in the first phase, the group will invest INR 30,000 crore

News and Trends

Government Incentives To Drive EV Penetration In India: Moody's

In a report, Moody's Investors Service said India has the fourth-largest car market globally, but electric vehicle (EV) penetration is currently only around 1%

News and Trends

India Wants WTO To Be More Progressive To Other Countries, Says Nirmala Sitharaman

The finance minister also said that WTO needs to give more space to the countries which have something different to say and not just hear

News and Trends

Banks Sanction INR 23.2 Lakh Crore To About 40.82 Crore Beneficiaries Under Mudra Yojana

PM Mudra Yojana has played a vital role in funding the unfunded and ensuring a life of dignity as well as prosperity for countless Indians

News and Trends

Government May Set Up 16th Finance Commission In 2023 For Centre-State Tax Devolution

Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations

News and Trends

Inflation Has Been Kept At 6% Or Below Despite Adverse Circumstances, Says Nirmala Sitharaman

The finance minister also added that price rise is a matter on which the Centre is very sensitive and responsive

News and Trends

Stand-Up India Scheme: Government Sanctions More Than INR 40,700 Crore To Over 1.80 Lakh Accounts

Stand up India Scheme, launched on April 5, 2016, with a focus on economic empowerment and job creation, has been extended up to 2025

News and Trends

World Bank Cuts India's Growth Forecast For 2023-24: Report

The World Bank also signified that the Indian government is likely to meet its fiscal deficit target of 5.9% of GDP in 2023-24