The productivity of the Budget session was abysmal. The Lok Sabha functioned for 33% of its scheduled time (46 hours); the Rajya Sabha 24% (32 hours).
The company will also deliver an exclusive workshop to the government's key administrative officers on improving productivity by using Microsoft technologies
The strategic sale of government and state-owned Life Insurance Corporation (LIC) of India stakes in IDBI Bank might encounter procedural delays, potentially pushing the timeline for expected financial bids to the third quarter of the current financial year (2023-24, or FY24), according to sources familiar with the development. Financial bids constitute the second significant step in the divestment process, following expressions of interest (EoIs) from potential bidders. In this phase, bidders are required to quote transactional fee as a percentage of the divestment proceeds, which are then added to the government's kitty after completion of the transaction.
The national average of COVID-19 tests per day per million population is 865, the ministry said, asserting that the country has demonstrated an exponential increase in the COVID-19 testing infrastructure since January 2020.
In a review meeting by Cabinet Secretary Rajiv Gauba, these states and the union territory were asked to continue with rigorous vigil so as to contain the spread of infection as well as take steps to reduce fatalities.
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.
The 33-year-old man, identified as Jagdish Kanani was arrested from suburban Borivali on Sunday night.
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