Tag: Economic Affairs

The Jute Corporation of India (JCI) will continue as Central government nodal agency to undertake price support operations and the losses incurred, if any, in such operations, will be fully reimbursed by the central government, the release added.

New Delhi/Yokohama: It will still be a few months before the total amount of old currency notes deposited with banks post-demonetisation is known since the RBI is doing a thorough physical verfication, Economic Affairs Secretary Shaktikanta Das said on Thursday. “I expect the process of counting to get completed in the next few months. Counting […]

New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved an increase in the Minimum Support Price (MSP) for raw jute by Rs 250 to Rs 3,950 per quintal for 2019-20 season. The new MSP would yield returns of 55.81 per cent over the production cost of fair average quality of raw jute, which […]

New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved subsidy rates for P&K (phosphatic and potassic) fertilizers for the year 2019-20, an official release said. The subsidy rates for nitrogen will be Rs 18.90 per kg, Rs 15.21 per kg for phosphorus, Rs 11.12 per kg for potash and Rs 3.56 per kg […]

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a sugar export subsidy for the 2019-20 (October-September) sugar season which would cost the government exchequer Rs 6,268 crore. Speaking to reporters here after the cabinet meeting, Union Minister for Environment and Climate Change, Prakash Javadekar, said that the CCEA has approved an […]

Paris: The Finan­cial Action Task Force (FATF) has decided to put Pakistan on its grey list till next February and directed Islamabad to take “extra measures” for “complete” elimination of terror financing and money laundering. An FATF meeting in Paris on Tuesday reviewed the measures that Islamabad has already taken to control money laundering and […]