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 […]

'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 […]