Department Of Economic Affairs
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Govt unlikely to achieve FY21 Budget targets due to COVID-19, but expect 'V-shape' recovery next year: DEA Secretary
•Economic Affairs Secretary Tarun Bajaj said that if India is not saddled with any more surprises, the financial situation may not be as bad as the outside world thinks it will be
To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21
Yatishyadav •Top sources said the government is mulling stringent measures which could be announced during the Budget next year to cap the cash holding limit at home or in lockers.
INX media case: 71 retired bureaucrats write to Narendra Modi over prosecution of four former finance ministry officials
•Seventy-one retired bureaucrats on Friday Narendra Modi over the prosecution of four former officials of the finance ministry in the INX Media case.
Reviving slow economy: Finance ministry to meet heads of CPSEs today for capital expenditure push
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Govt slashes interest on GPF to 7.9% after decline in overall rates in financial system
Fp Staff •In April this year, the government had retained the interest rate for GPF and other related schemes at 8 percent for the April-June quarter.
Govt. panel looking into pros, cons of introducing an official digital currency in India
•An inter-ministerial committee has been set up to examine the issue of permitting trade in cryptocurrencies.
Nirmala Sitharaman tables Economic Survey 2019: What is the annual survey and how to download it
Fp Staff •The Economic Survey is an annual document that reviews the developments in the economy over the previous 12 months
Union Budget 2019: Economic Survey serves as an annual report card on state of country's economy
Fp Research •The Economic Survey is an annual document which, reviews the developments in the economy over the previous 12 months.
CVC seeks sanction to prosecute ex-NITI Aayog CEO, former MSME secretary, serving IAS officer in INX Media case
Yatishyadav •INX Media case: The CVC has advised the Department of Economic Affairs to issue a sanction to prosecute former NITI Aayog CEO Sindhushree Khullar, ex-secretary of MSME ministry Anup K Pujari and principal secretary in the Himachal government Prabodh Saxena.
Shaktikanta Das is new head of RBI: Will former bureaucrat be able to get central bank, govt on same page?
Madan •Shaktikanta Das worked with the government and hence knows how the machinery works which is very important at a time when there is constant dialogue needed between the Central bank and the Finance Ministry.