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Tag: Union Finance Ministry

Revenue Deficit Grant
Revenue Deficit Grant Of Rs 9,871 Cr Released To 17 States

The Finance Ministry has released the third monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22 to 17 states.

Finance dept
Finance Ministry Asks Govt Depts Not To Rush Last Minute Spending

New Delhi: In a bid to contain the fiscal deficit in the face of a likely huge revenue receipt shortfall, Finance Ministry has asked other ministries and departments not to rush expenditure in the last quarter (Jan-March) of the current financial year which it says will be treated as breach of financial propriety while limiting […]

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'Insurers to settle claim amounts fast, need to trim lengthy documentation'

Bhubaneswar: With cyclone Fani giving a body blow to small scale industries, farmers and small traders alike in Odisha, the Union Finance Ministry has stepped in and directed the insurance companies to settle the claim amounts at the earliest without indulging in lengthy documentation process. A direction to this effect has been recently delivered at […]

Finance Ministry
Rs 1 lakh cr paid to social scheme beneficiaries in three years

New Delhi: The Union Finance Ministry has paid over Rs 1 lakh crore to the beneficiaries of the various social schemes under the Direct Benefit Transfer during the last three years, an official statement said on Monday. “Rs 1,02,786.77 crore has been paid through the public financial management system to the beneficiaries of the various […]

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Demonetisation: Odisha seeks mobile banking services in unbanked GPs

Bhubaneswar: In the wake of the recent demonetisation of Rs, 500 and Rs 1000 currency notes, the Odisha government has urged the Centre to provide mobile banking services in unbanked Gram Panchayats (GPs) with immediate effect. In a letter to Union Finance minister Arun Jaitley today, Chief Minister Naveen Patnaik said out of 6238 Gram […]

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