(PTI) Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the RBI from ‘AAA’ would make borrowing costlier for the central bank and will have implication for the entire economy. Asked if the transfer of excess reserve by the RBI to the government could lead to downgrade of the rating, Rajan said: “It could…it depends on how much. It may not be an issue now…may be an issue at some point of time. That’s one concern”. This is something both the government and RBI should…
Author: Aruna Sharma
(ET) Record coal supply has helped power plants to replenish dwindling stockpile even after pumping up generation as electricity demand spiked 14 per cent during the October festive season and continued to grow apace at 5.5 per cent in November. Government data showed coal supplies at a three-month high in December, rising steadily since September when disruptions caused by rains had resulted in stockpiles at a large number of power plants diminishing to alarmingly low levels. But improved coal supply since then has raised the average coal stock at power plants to more than 10 days in December. The number of…
Government issued Policy Guidelines for Exploration and Exploitation of Shale Gas and Oil by National Oil Companies under Nomination regime on 14th October, 2013 to permit exploration and Exploitation of shale gas/oil by National Oil Companies (NOCs) under Nomination regime. To enlarge the scope of exploration and exploitation of shale gas/oil and other unconventional hydrocarbons, Government has notified the Policy Framework on 20th August, 2018 to permit exploration and exploitation of unconventional hydrocarbons such as shale oil/gas, Coal Bed Methane (CBM) etc. in the existing acreages of Production Sharing Contracts(PSC), CBM Contracts as well as nomination fields to unlock the…
(AU) प्रधानमंत्री मोदी मंगलवार को महाराष्ट्र में करीब 41 हजार करोड़ रुपये की आवासीय एवं इंफ्रास्ट्रक्चर से जुड़ी परियोजनाओं का शुभारंभ करेंगे। सुबह मुंबई पहुंचते ही प्रधानमंत्री सबसे पहले एक टीवी चैनल के कार्यक्रम में पहुंचेंगे। इसके बाद राजभवन में एक किताब ‘टाइमलेस लक्ष्मण’ का विमोचन करेंगे। प्रधानमंत्री ठाणे जिले में ठाणे – भिवंडी – कल्याण मेट्रो रेलमार्ग-5 और दहीसर-मीरा भयंदर मेट्रो रेलमार्ग-9 का शिलान्यास करेंगे। इसके अलावा मोदी नवी मुंबई शहरी नियोजन प्राधिकरण और महाराष्ट्र औद्योगिक विकास निगम की आवासीय योजना का भी शुभारंभ करेंगे। इसमें प्रधानमंत्री आवास योजना के तहत 18 हजार करोड़ रुपये की लागत से 89,771…
(AU) कर्जमाफी चुनावों के दौरान मुद्दा बनी मगर कमलनाथ के मुख्यमंत्री बनने के बाद जो बात सुर्खियां बटोर रही है वो है उद्योगों को दिए जाने वाले अनुदान को लेकर नई सरकार की नीति। सत्ता संभालने के साथ ही कमलनाथ ने घोषणा की कि सरकार की ओर से अनुदान केवल उन्हीं उद्योगों को दिया जाएगा जिनमें 70 फीसदी स्थानीय लोग कार्यरत होंगे। मुख्यमंत्री पद संभालने के बाद मीडिया से रू-ब-रू हुए कमलनाथ ने कहा कि सरकार की ओर से केवल उन्हीं उद्योगों को अनुदान दिया जाएगा जिनसे मध्यप्रदेश के स्थानीय लोगों को रोजगार मिले। उन्होंने कहा कि बिहार और उत्तरप्रदेश…
Petroleum and Natural Gas Regulatory Board (PNGRB) is authority to grant authorization to the entities for the development of City Gas Distribution (CGD) network in Geographical Areas (GAs) as per PNGRB Act, 2006. PNGRB identifies GAs for authorizing the development of CGD network in synchronization with the development of natural gas pipeline connectivity/ natural gas availability. The authorized CGD entities develop the Piped Natural Gas (PNG) network to supply natural gas to households, industrial and commercial units in their respective GAs. Till September 2018, there were 96 GAs for development of CGD Network across country. PNGRB has granted authorization for…
(AU) मुख्यमंत्री योगी आदित्यनाथ की अध्यक्षता में मंगलवार को प्रदेश कैबिनेट की बैठक लोकभवन में शाम पांच बजे से होगी। इसमें 2018-19 के दूसरे अनुपूरक बजट मसौदे को मंजूरी देने के साथ कई महत्वपूर्ण प्रस्तावों पर निर्णय की संभावना है। अनुपूरक बजट करीब 11 हजार करोड़ रुपये का हो सकता है। वित्त मंत्री राजेश अग्रवाल बुधवार को 12.20 बजे चालू वित्त वर्ष का दूसरा अनुपूरक बजट पेश करेंगे। सूत्रों ने बताया कि अनुपूरक बजट में लोक निर्माण, प्रयागराज कुंभ, जेवर एयरपोर्ट के साथ ऊर्जा, स्वच्छ भारत मिशन तथा वन व पर्यावरण से जुड़े प्रस्तावों को स्थान मिल सकता है। सातवें वेतन…
The Cabinet Committee on Economic Affairs (CCEA) chaired by Hon’ble Prime Minister, Shri Narendra Modi, cleared the proposal of Ministry of Petroleum & Natural Gas to release deposit free LPG connections to poor families, who have not been considered earlier for release of LPG connections under Pradhan MantriUjjwalaYojana (PMUY) on account of their names not been covered either in Socio-Economic Caste Census (SECC) list or the seven identified categories i.e. SC/STs households, beneficiaries of Pradhan MantriAwasYojana(PMAY) (Gramin), Antyodaya Anna Yojana(AAY), Forest dwellers, Most Backward Classes (MBC), Tea & Ex-Tea Garden Tribes, people residing in Islands / river islands, whose names…
(Tribune) The winter session that concluded here yesterday witnessed an over-aggressive Opposition, compassionate Chief Minister Jai Ram Thakur trying to please everybody, Speaker Rajiv Bindal trying to strike a balance between the Opposition and ruling and a few ruling legislators trying to assert their presence. On the first two days, the Congress, led by leader of the Opposition Mukesh Agnihotri, adopted an aggressive posture, staging a walkout from the House in Question Hour, alleging that the issues being taken up by Congress MLAs were not being allowed by the Speaker. On the second day, the leader even raised slogans against…
(Tribune) The state government hopes to attract investment worth Rs 85,000 crore during Himachal Pradesh Global Investors’ Meet, proposed to be held at Dharamsala in June 2019. According to the official press note issued today, the government has approved an action plan for the meeting. As many as six national roadshows in prominent business centres, three international roadshows and five mini conclaves within the state would be organised before the event. Besides this, an ambassadors’ roundtable would also be organised in New Delhi. All investment proposals would be included in broad sectors, including agri-business, horticulture, animal husbandry and fisheries, food Processing…