Author: Aruna Sharma

(HT) The Uttar Pradesh government led by Yogi Adityanath on Tuesday announced Rs 30,729-crore loan waiver for small and marginal farmers in the state, minister Siddharth Nath Singh said.Focusing on farmers’ welfare, the government said it will set up 5,000 wheat procurement centres in UP, Shrikant Sharma, another minister in the Adityanath cabinet, said after the newly elected government’s first cabinet meeting. The government will buy 80 lakh metric tonnes of wheat from farmers, Sharma said, adding 40 lakh metric tonnes will be bought in the first phase. A three-minister committee too was formed to decide how to help potato farmers…

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(NDTV) Yogi Adityanath will hold his first cabinet meeting on Tuesday evening, 15 days after he took oath as Uttar Pradesh Chief Minister. A loan waiver for farmers is expected to headline the meeting, which, ministers said, would focus on election promises made by the BJP. The party won a landslide mandate in UP last month. Since he has taken over, Yogi Adityanath has made a slew of big announcements, including closing down illegal slaughterhouses, and has met his ministers informally several times, but had so far not called a cabinet meeting. It is unusual for a new chief minister…

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(FE) The overseas arm of India’s Oil and Natural Gas Corp has submitted a revised plan to develop the giant Farzad B gas block in Iran, including a commitment to spend more than $3 billion, a senior executive said on Tuesday. ONGC Videsh expects to produce between 1 billion and 1.6 billion cubic feet per day of gas in five years from the start of development of the block, N. K. Verma, the company’s managing director told Reuters in Mumbai on Tuesday. India is the second-largest buyer of Iranian crude, and was among the few countries to continue trade with…

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(PTI) The government has exceeded the tax collection estimates for 2016-17 fiscal at Rs 17.10 lakh crore. The revised estimates (RE) provided in Budget on February 1 had projected tax collections of Rs 16.97 lakh crore. The Finance Ministry in a statement said that tax collection of Rs 17.10 lakh crore is a growth of around 18 per cent compared to last year. Revenue Secretary Hasmukh Adhia said, “Total net tax revenue grows at 18 per cent to Rs 17.10 lakh crore, highest in last 6 years.” While direct tax mop up during the April-March period grew 14.2 per cent at…

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(PTI) British Finance Minister Philip Hammond will hold discussions with his Indian counterpart Arun Jaitley today to promote trade and investments between the two countries. Hammond is visiting India to participate in the UK-India Economic and Financial Dialogue. According to the British High Commission, the ninth UK-India Economic and Financial Dialogue (EFD) is hosted by the Indian Finance Minister. The high-level talks are aimed at deepening the UK’s economic and trading relationship with India and showcasing Britain as one of the best places in the world to do business, it said. It added that the EFD will involve a series of events…

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(ET) State-run oil companies enrolled a record three crore cooking gas consumers in 2016-17, about twothirds of them from poor families, as part of the government drive to shut hazardous smoke from the kitchens of those who had not yet had access to clean cooking fuel. The government has mandated oil companies to add 10 crore new cooking gas customers between April 2016 and March 2019. Half of the new connections have to go to poor households under the government’s Ujjwala Yojana.Yojana. “When Modi ji took over as prime minister, the country had 14 crore active LPG consumers, which has…

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(BS) Post-merger of five associate banks and the Bharatiya Mahila Bank, top public sector lender State Bank of India (SBI) began operations on Monday with 500 million customers, SBI Chairperson Arundhati Bhattacharya announced here. The associate banks which merged with the SBI are State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank Of Hyderabad, State Bank of Mysore and State Bank of Travancore besides the Mahila Bank. “The SBI opened as ‘one bank’ today (Monday) and will continue to operate in the same manner as before post-merger. New products and services will come across more seamlessly,” Bhattacharya told…

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(One India) सरकार की तरफ से जनता को एक बड़ा झटका दिया गया है। मोदी सरकार ने सब्सिडी वाले गैस सिलेंडर की कीमत बढ़ा दी है। नई कीमतें 1 अप्रैल से लागू होंगी। आइए जानते हैं सरकार ने लिए हैं क्या फैसले। 5.57 रुपए महंगी हुई रसोई गैस सरकार का यह फैसला सिर्फ उन लोगों के लिए बुरी खबर लाया है, जो सब्सिडी के गैस सिलेंडर इस्तेमाल करते हैं। सरकार ने सब्सिडी वाले गैस सिलेंडर की कीमत 5.57 रुपए बढ़ा दी है। इस तरह से अब 14.2 किलो का सब्सिडी वाला गैस सिलेंडर अब आपको 440.50 रुपए में मिलेगा

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(HT) The Uttar Pradesh cabinet will hold its first meeting on April 4 during which a decision on farm loan waiver, the BJP’s biggest poll promise, could be taken. A proposal of write off farmer loans had been sent to the cabinet, agriculture minister Surya Pratap Shahi told media in Varanasi on Sunday. The BJP surprised everyone when it named 44-year-old Hindu hardliner Yogi Adityanath as the chief minister after a massive win in the state election. Adityanath took oath of office on March 19 but has not held a cabinet meeting so far.

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(DJ) सरकार वैश्विक मानकों के अनुसार हर तीन से चार वर्ष में 2,000 रुपये और 500 रुपये के उच्च मूल्यवर्ग के बैंक नोट्स के सुरक्षा मानकों को बदलने की योजना बना रही है। आपको बता दें कि सरकार की ओर से यह कदम नोटबंदी लागू होने के बाद बीते चार महीनों के दौरान भारी मात्रा में जाली नोटों की धरपकड़ के बाद सामने आया है। गौरतलब है कि केंद्र सरकार ने नोटबंदी का फैसला पिछले वर्ष 8 नवंबर को लिया था जिसमें 500 और 1000 रुपए के पुराने नोट अमान्य कर दिए गए थे। इसके बाद आरबीआई की ओर से…

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