News for 'Department of Expenditure'

Tamil Nadu BJP chief nominates PM Modi for Noble Peace Prize

Tamil Nadu BJP chief nominates PM Modi for Noble Peace Prize

Rediff.com25 Sep 2018

Dr Tamilisai Soundarajan has nominated Prime Minister Modi for launching the world's largest healthcare scheme Pradhan Mantri Jan Arogya Yojana - 'Ayushman Bharat' and also appealed to people to join her in nominating the prime minister.

What the govt needs to do to cut expenses

What the govt needs to do to cut expenses

Rediff.com19 Feb 2014

For instance, the size of a central ministry's annual outlay should ideally be a key factor in determining the number of people who need to be employed by it.

India's spending on space tripled in 10 years

India's spending on space tripled in 10 years

Rediff.com28 Mar 2019

India's spending on space research almost tripled from Rs 4,163 crore in 2009-2010 to Rs 11,538 crore in 2018-2019.

Centre ups infra projects offering to Rs 111-trillion

Centre ups infra projects offering to Rs 111-trillion

Rediff.com30 Apr 2020

The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.

ATM cash vans under lens to check black money in Bihar polls

ATM cash vans under lens to check black money in Bihar polls

Rediff.com4 Oct 2015

Banks asked to maintain record of cash being ferried in these vehicles all the time

The Problem With Budgets...

The Problem With Budgets...

Rediff.com1 Feb 2020

'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.

Flexi fares in Rajdhani, Shatabdi acceptable under LTC: Govt

Flexi fares in Rajdhani, Shatabdi acceptable under LTC: Govt

Rediff.com18 Apr 2017

This dynamic fare component shall not be admissible in cases where a non-entitled government servant travels by air and claims reimbursement for the entitled class of Rajdhani, Shatabdi and Duronto trains

Pay panel favours uniform rules for contractual govt staff

Pay panel favours uniform rules for contractual govt staff

Rediff.com20 Nov 2015

The annual expenditure on contractual manpower in 2012-13 was about Rs 300 crore.

IT ministry asks for 271% hike in planned Budget outlay

IT ministry asks for 271% hike in planned Budget outlay

Rediff.com24 Feb 2016

For 2015-16, the planned outlay for the department was Rs 2,568 crore.

FinMin not stamping postal bank plan

FinMin not stamping postal bank plan

Rediff.com7 Apr 2014

Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.

Vadra seeks anticipatory bail in money laundering case

Vadra seeks anticipatory bail in money laundering case

Rediff.com1 Feb 2019

Vadra's anticipatory bail application is likely to be heard by the court on Saturday.

Economic slump over, GDP will continue to rise in coming quarters

Economic slump over, GDP will continue to rise in coming quarters

Rediff.com1 Dec 2017

Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up

Your 6 transactions that the taxman tracks

Your 6 transactions that the taxman tracks

Rediff.com4 Dec 2008

Experts explained that normally, the IT department sends notices to only those people whose yearly credit card transactions cross Rs 200,000.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

How TN parties 'bribed' voters, reveals EC

How TN parties 'bribed' voters, reveals EC

Rediff.com10 Apr 2017

Complaints were received by the Commission on possibilities of inducement of electors by distributing cash and gifts in innovative forms like tokens, prepaid phone recharge coupons, newspaper subscription, milk tokens.

Will Modi Sarkar come out with a 6th Budget?

Will Modi Sarkar come out with a 6th Budget?

Rediff.com17 Aug 2017

This will violate the time-honoured convention that a government elected for a five-year tenure presents only five full Budgets, but the NDA government will no doubt present it as yet another initiative of Mr Modi.

Modi replaces top finance mandarin Mayaram in 1st major shake up

Modi replaces top finance mandarin Mayaram in 1st major shake up

Rediff.com16 Oct 2014

Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.

Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Rediff.com29 Feb 2016

The fiscal deficit in current fiscal has been estimated at 3.9%.

Govt may infuse Rs 20,000 cr in PSU banks

Govt may infuse Rs 20,000 cr in PSU banks

Rediff.com13 Feb 2013

The government is likely to infuse additional capital of Rs 20,000 crore in the public sector banks next financial year to meet Basel III global capital risk norms.

Govt unveils major reforms in bureaucracy under Mission Karmayogi

Govt unveils major reforms in bureaucracy under Mission Karmayogi

Rediff.com2 Sep 2020

The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.

SHOCKING! Army's $190m ammo languishes in Russia

SHOCKING! Army's $190m ammo languishes in Russia

Rediff.com16 Oct 2020

This is causing a shortfall of critical ammunition within the army at a time when the MoD is making emergency purchases from the global arms market to cater for a possible clash with China.

LTC norms eased, govt employees to get reimbursement of rail fare for children

LTC norms eased, govt employees to get reimbursement of rail fare for children

Rediff.com5 May 2016

The Centre will now reimburse full train fare incurred by its employees on purchase of tickets for their children aged between five and 12 years.

'Ministry should end controversies related to GDP computation'

'Ministry should end controversies related to GDP computation'

Rediff.com30 Jun 2020

There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.

Cabinet gives nod to hire 20,750 staff for I-T Dept

Cabinet gives nod to hire 20,750 staff for I-T Dept

Rediff.com24 May 2013

The Cabinet on Thursday approved a proposal to create an additional 1,349 additional posts in the Indian Revenue Services cadre and 19,402 in the non-IRS cadres.

Delhi govt seals 20 COVID-19 hotspots, masks must for stepping out

Delhi govt seals 20 COVID-19 hotspots, masks must for stepping out

Rediff.com8 Apr 2020

As the national capital reported 93 new cases taking the total number of infections to 669, Chief Minister Arvind Kejriwal held an emergency meeting with senior ministers and top officials of the Delhi government Wednesday evening and took a series of decisions to check the spread of the virus.

Prez, PM, MPs to take 30% pay cut for 1 year

Prez, PM, MPs to take 30% pay cut for 1 year

Rediff.com6 Apr 2020

Announcing the cabinet decision, Union minister Prakash Javadekar also said the President, the Vice President, Governors of states have also voluntarily decided to take a pay cut as a social responsibility.

How the Union Budget is made

How the Union Budget is made

Rediff.com24 Feb 2016

The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry

Questions that linger over CDS Rawat

Questions that linger over CDS Rawat

Rediff.com2 Jan 2020

'Is the appointment of a CDS likely to achieve the creation of battle-ready, tri-service military commands, from the current 17 single-service commands?', asks Ajai Shukla.

Skilling to become mandatory in govt tenders

Skilling to become mandatory in govt tenders

Rediff.com17 Jul 2016

Government tenders could soon go to bidders who promise to train highest number of youth.

FM wields the axe on allocations

FM wields the axe on allocations

Rediff.com14 Jan 2013

Before Budget, departments see outlays shaved.

Union Budget likely to be presented on Feb 1

Union Budget likely to be presented on Feb 1

Rediff.com20 Sep 2016

The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

Why replacing branded drugs with generics won't be easy

Why replacing branded drugs with generics won't be easy

Rediff.com25 May 2017

Mandatory prescription of generic names is not a complete solution. Rather, in the absence of a range of approaches, it could mean passing the choice of selecting a drug from a doctor to a pharmacist, says Chandrakant Lahariya.

SC tax reprieve to firms on forex losses

SC tax reprieve to firms on forex losses

Rediff.com9 Apr 2009

The SC's dismissal of the Income-Tax department's plea that companies cannot claim deductions against tax liabilities on account of losses due to foreign exchange rate fluctuations legitimises the way companies were accounting for these forex losses.

FY21 GDP shrank 7.3%, worst contraction in 4 decades

FY21 GDP shrank 7.3%, worst contraction in 4 decades

Rediff.com31 May 2021

India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).

Finance Secretary Mayaram transferred even before taking charge

Finance Secretary Mayaram transferred even before taking charge

Rediff.com30 Oct 2014

Arvind Mayaram, who was shunted from Finance Ministry to Tourism only a fortnight ago, has now been transferred as secretary in minority affairs ministry even before he took charge of his new post.

Meet Subhash C Garg, the new DEA secretary

Meet Subhash C Garg, the new DEA secretary

Rediff.com23 Jun 2017

DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray

Can Project Insight end tax evasion?

Can Project Insight end tax evasion?

Rediff.com29 May 2019

It's possible to curb tax evasion using high-end technology. But it requires an honest intention to make use of the treasure trove of data that is captured, points out Harsh Roongta.

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Jaitley: Cong peddling lies on Rafale to save 'sinking dynasty'

Rediff.com12 Feb 2019

"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.

Austerity drive: Govt bans creation of new posts

Austerity drive: Govt bans creation of new posts

Rediff.com31 May 2012

There will also be a ban on purchase of new vehicles, the Finance Ministry said in a direction to all ministries and departments.