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Cabinet Extends Free Grain Distribution To 81.35 Crore Poor For 5 Years
With general elections scheduled for April-May next year, the government extended the PMGKAY scheme to provide 5 kgs of free foodgrains per month to 81.35 crore poor for another five years that would cost the exchequer about Rs 11.80 lakh crore.
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Cabinet Clears Sale Of Government's 29.58% Stake In Hindustan Zinc Ltd
The Union Cabinet on Wednesday approved the sale of the government's residual 29.58 per cent stake in Hindustan Zinc Ltd, which at current prices would fetch over Rs 38,000 crore to the exchequer, sources said.
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Supreme Court Allows Sand Mining In Bihar, Says Ban Causes Huge Losses
Observing that a total ban on legal sand mining causes huge loss to the public exchequer, the Supreme Court today allowed the Bihar government to carry on mining activities through the Bihar State Mining Corporation.
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Fake GST Invoice Racket Of Rs 106 Crore Unearthed In Odisha
An Odisha government agency working under the Goods and Services Tax (GST) directorate on Monday unearthed a racket that issued fake invoices to the tune of Rs 106 crore, which caused a loss of Rs 19.04 crore to the state exchequer in the form of in
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Two Arrested For Defrauding Government Exchequer Of Over Rs 392 Crore In Delhi
Central Goods and Services Tax (CGST) East Delhi Commissionerate on Friday arrested two men after unearthing a big network of fictitious firms working to generate and avail fake Input Tax Credit (ITC) of the GST.
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Maharashtra Government Allowing Windfall Gains To Private Players: Devendra Fadnavis
Former Maharashtra Chief Minister and leader of Opposition in the assembly Devendra Fadnavis on Sunday alleged that certain "vested interests have colluded" with the aim of extending "benefits to a handful of parties at the expense of the state exchequer".
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Rishi Sunak Tries To Rescue Britain Again - And His Political Fortunes
If the coronavirus crisis was the making of Chancellor of the Exchequer Rishi Sunak, the most popular member of the British government is trying to make sure it doesn't end up being his undoing.
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Arun Shourie Denies Irregularity In Sale Of Hotel In Rajasthan
Former Union minister Arun Shourie has denied any irregularity in the sale of an Udaipur hotel at an alleged loss of Rs 244 crore to the exchequer under the NDA government at the Centre around two decades ago.
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Floods Caused Total Loss Of Rs 8,071 Crore To State: Karnataka Chief Minister
Floods in Karnataka have caused a total loss of Rs 8,071 crore to the state exchequer, Chief Minister BS Yeddyurappa said on Monday appealing to the central government to release financial aid at the earliest.
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Meghalaya Admits Lapses In Power Sector As Congress Flags Loss Of Crores
Days after Meghalaya's main opposition party, Congress, alleged loss of at least a thousand crore rupees to the state exchequer due faults in several key power generation machines and criticised a Rs1,000-cr loan to the discom, the NPP-led state government has admitted to "lapses" and assured an enquiry "if the situation warrants it".
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Himachal Pradesh To Impose ''Corona Cess'' On Liquor Sale
The Himachal Pradesh government has decided to impose ''corona cess'' on liquor sale, through which the state exchequer is expected to earn Rs 100 crore yearly, Parliamentary Affairs Minister Suresh Bhardwaj said.
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UK Government To Pay 80% Workers' Wages In Virus Crisis: Rishi Sunak
UK Chancellor of the Exchequer Rishi Sunak, who had pledged to do "whatever it takes" to save people's jobs and livelihoods through the coronavirus pandemic, on Friday unveiled an "unprecedented" wage boost to his COVID-19 rescue package.
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Maharashtra Loan Waiver To Cost Rs 20,000 Crore To Exchequer: Official
The crop loan waiver scheme announced by the Shiv Sena-led government in Maharashtra is likely to cost the state exchequer Rs 20,000 crore, said an official on Wednesday.
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J&K Anti-Corruption Body Charges 3 Government Officers In Food Grain Scam
Jammu and Kashmir Anti-Corruption Bureau on Saturday filed a chargesheet against seven people, including three government officials, for allegedly misappropriating subsidised food grains which led to a loss of over Rs 27 lakh to the exchequer, an official said.
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Government's Sell-off Yield At Rs 12,995 Crore, Target Rs 1.05 Lakh Crore
During the current financial year 2019-20, Rs 12,995.46 crore have been obtained by the exchequer through disinvestment transactions so far.
-
Cabinet Extends Free Grain Distribution To 81.35 Crore Poor For 5 Years
With general elections scheduled for April-May next year, the government extended the PMGKAY scheme to provide 5 kgs of free foodgrains per month to 81.35 crore poor for another five years that would cost the exchequer about Rs 11.80 lakh crore.
-
Cabinet Clears Sale Of Government's 29.58% Stake In Hindustan Zinc Ltd
The Union Cabinet on Wednesday approved the sale of the government's residual 29.58 per cent stake in Hindustan Zinc Ltd, which at current prices would fetch over Rs 38,000 crore to the exchequer, sources said.
-
Supreme Court Allows Sand Mining In Bihar, Says Ban Causes Huge Losses
Observing that a total ban on legal sand mining causes huge loss to the public exchequer, the Supreme Court today allowed the Bihar government to carry on mining activities through the Bihar State Mining Corporation.
-
Fake GST Invoice Racket Of Rs 106 Crore Unearthed In Odisha
An Odisha government agency working under the Goods and Services Tax (GST) directorate on Monday unearthed a racket that issued fake invoices to the tune of Rs 106 crore, which caused a loss of Rs 19.04 crore to the state exchequer in the form of in
-
Two Arrested For Defrauding Government Exchequer Of Over Rs 392 Crore In Delhi
Central Goods and Services Tax (CGST) East Delhi Commissionerate on Friday arrested two men after unearthing a big network of fictitious firms working to generate and avail fake Input Tax Credit (ITC) of the GST.
-
Maharashtra Government Allowing Windfall Gains To Private Players: Devendra Fadnavis
Former Maharashtra Chief Minister and leader of Opposition in the assembly Devendra Fadnavis on Sunday alleged that certain "vested interests have colluded" with the aim of extending "benefits to a handful of parties at the expense of the state exchequer".
-
Rishi Sunak Tries To Rescue Britain Again - And His Political Fortunes
If the coronavirus crisis was the making of Chancellor of the Exchequer Rishi Sunak, the most popular member of the British government is trying to make sure it doesn't end up being his undoing.
-
Arun Shourie Denies Irregularity In Sale Of Hotel In Rajasthan
Former Union minister Arun Shourie has denied any irregularity in the sale of an Udaipur hotel at an alleged loss of Rs 244 crore to the exchequer under the NDA government at the Centre around two decades ago.
-
Floods Caused Total Loss Of Rs 8,071 Crore To State: Karnataka Chief Minister
Floods in Karnataka have caused a total loss of Rs 8,071 crore to the state exchequer, Chief Minister BS Yeddyurappa said on Monday appealing to the central government to release financial aid at the earliest.
-
Meghalaya Admits Lapses In Power Sector As Congress Flags Loss Of Crores
Days after Meghalaya's main opposition party, Congress, alleged loss of at least a thousand crore rupees to the state exchequer due faults in several key power generation machines and criticised a Rs1,000-cr loan to the discom, the NPP-led state government has admitted to "lapses" and assured an enquiry "if the situation warrants it".
-
Himachal Pradesh To Impose ''Corona Cess'' On Liquor Sale
The Himachal Pradesh government has decided to impose ''corona cess'' on liquor sale, through which the state exchequer is expected to earn Rs 100 crore yearly, Parliamentary Affairs Minister Suresh Bhardwaj said.
-
UK Government To Pay 80% Workers' Wages In Virus Crisis: Rishi Sunak
UK Chancellor of the Exchequer Rishi Sunak, who had pledged to do "whatever it takes" to save people's jobs and livelihoods through the coronavirus pandemic, on Friday unveiled an "unprecedented" wage boost to his COVID-19 rescue package.
-
Maharashtra Loan Waiver To Cost Rs 20,000 Crore To Exchequer: Official
The crop loan waiver scheme announced by the Shiv Sena-led government in Maharashtra is likely to cost the state exchequer Rs 20,000 crore, said an official on Wednesday.
-
J&K Anti-Corruption Body Charges 3 Government Officers In Food Grain Scam
Jammu and Kashmir Anti-Corruption Bureau on Saturday filed a chargesheet against seven people, including three government officials, for allegedly misappropriating subsidised food grains which led to a loss of over Rs 27 lakh to the exchequer, an official said.
-
Government's Sell-off Yield At Rs 12,995 Crore, Target Rs 1.05 Lakh Crore
During the current financial year 2019-20, Rs 12,995.46 crore have been obtained by the exchequer through disinvestment transactions so far.
