Government policies
Govt to sell stake in 28 major PSUs and their subsidiaries
20 Nov 2019
Hit by underperformance of state-run companies in the stock markets, the government has managed to raise a meagre Rs15,483.05 crore through sale of stake in PSUs against the ambitious asset sale target of Rs1,05,000 crore for the current fiscal
Govt sets up agency to modernise, promote bicycle industry
18 Nov 2019
The government is looking to boost bicycle demand, inter-alia, by ensuring enabling safe and segregated cycling infrastructure and enhancing export competitiveness of bicycles through support of schemes and favourable trade policies
DoT asks telecom companies to clear dues in 3 months
14 Nov 2019
While the DoT has given telecom operators the option to clear all the dues on self-assessment basis, reports citing officials of Aditya Birla group and partner Vodafone group that while they would like to stay invested, any further investment would depend on the government providing substantial relief in both revenue share and spectrum dues
Govt launches Rs25,000-cr window for stalled housing projects
07 Nov 2019
The asset alternative fund (AIF) with an initial corpus of Rs10,000 crore from the government and the remaining Rs15,000 crore pooled by financial institutions such as SBI and LIC, will benefit 1,600-odd stalled housing projects comprising 4.58 lakh dwelling units
Govt panel mulls more time for telcos to pay up AGR dues
04 Nov 2019
Amidst the hue and cry by Bharti Airtel and Vodafone Idea over financial strain, Reliance Jio on Friday wrote a letter to union telecom minister Ravi Shankar Prasad alleging that the telcos have enough funds to pay dues
Govt relaxes fuel retailing policy, opens market to non-oil firms
24 Oct 2019
The revised policy allows entities with minimum net worth of Rs250 crore to set up petrol pumps, but have to meet certain conditions such as setting up retail outlets in remote areas and facilitating sale of at least one new-generation alternative fuel
Centre regularises 1,797 unauthorised colonies in Delhi
24 Oct 2019
Coming ahead of Delhi assembly elections, the move to regularises these illegal colonies has been welcomed by both the Aam Aadmi Party, which is in power in the state, and the Bharatiya Janata Party at the centre
Govt gives in-principle approval for BSNL-MTNL merger
23 Oct 2019
The Department of Telecom has finalised a Rs74,000-crore revival plan for the ailing state-run telecom firms - BSNL and MTNL, which will include capital infusion to acquire 4G spectrum and the cost of a voluntary retirement scheme
Manmohan Singh asks govt to end blame game and fix economy
17 Oct 2019
`Before one can fix the economy, one needs a correct diagnosis of its ailments and their causes,’ former prime minister Manmohan Singh said on Nirmala Sitharaman's comment on economy