Cabinet approves Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of judgment of Supreme Court The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of Supreme Court judgment dated… Read More »
A boost to farmers income Cabinet approves enhanced MSP for Rabi Crops of 2016-17 season Announces Bonus for Gram, Masur, Rapseed/Mustard and Safflower cultivation The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for the increase in the Minimum Support Prices (MSPs) for all Rabi Crops… Read More »
Banks to put indelible ink on persons exchanging old notes to avoid multiple withdrawals After the demonetization of old currency notes of Rs 500/1000, the Govt. has allowed exchange of old notes up to Rs 4000 till Nov. 24, 2016. However, there are long queues outside bank even for exchanging old notes. It has come… Read More »
The Prime Minister Shri Narendra Modi reviewed the position regarding the supply and availability of currency notes yesterday late evening and took certain decisions to further activate the dispensing of cash through the networks of Banking Correspondents (BCs), Post Offices, ATMs, Banks and E-payment systems The Prime Minister Shri Narendra Modi reviewed the supply and… Read More »
Exemption of fee on National Highways extended In order to ensure smooth movement of traffic on national highways the government has decided to extend the suspension of fees on all toll plazas on National Highways across the country till the midnight of 18.11.16. Earlier the exemption had been allowed till the midnight of 11.11.16, and… Read More »
It has been reported that certain business houses viz. Hospitals , Caterers , Tent houses etc. are not accepting Cheques/Demand Drafts and online payment transfer from customers. It is advised that in such cases customer can make a complaint to the concerned District Magistrates/District Administration for action against such establishments. Source Ministry of Finance13-November, 2016 Finance… Read More »
PM interacts with Indian Community in Kobe Published on Nov 11, 201 Prime Minister Narendra Modi interacts with Indian Community in Kobe on his last day of Japan visit.
Availability of cash with Bank branches and Post Offices Ministry of Finance has reviewed and taken stock of the cash availability and issuance to members of public today. Reserve Bank of India (RBI), Indian Banks Association (IBA) and a few major banks participated in the review meeting. A total of over 7 crore transactions have… Read More »
Government extends existing exemptions with rergard to cancellation of the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations until the expiry of 14th November, 2016, with certain modifications / additions to the existing exemptions; Governments reassures that there is enough cash with RBI and Supply of… Read More »
The Chairman and Vice-Chairman, SIT on Black Money & Former Judges of the Supreme Court of India, Justice MB Shah and Justice Arijit Pasayat in a jointly written letter to the Union Finance Minister, Shri Arun Jaitley: The Government has taken a bold step to demonetize Rs. 500 and Rs.1,000 notes. The Chairman, SIT on… Read More »