India’s growth projection lowered to 6.9% this FY
The Indian economy is expected to grow by 6.9 per cent in the current fiscal, the slowest in three years, the government said in a statement on Tuesday. Fragile global economic conditions, high interest rates and the government's inability to push through key reforms have stifled growth. Government data says this is mainly due to sharp slowdown in manufacturing, agriculture and mining sectors.
The Indian economy is expected to grow by 6.9 per cent in the current fiscal, the slowest in three years, the government said in a statement on Tuesday. Fragile global economic conditions, high interest rates and the government's inability to push through key reforms have stifled growth. Government data says this is mainly due to sharp slowdown in manufacturing, agriculture and mining sectors.
CSR spending optional under new Companies’ Bill
The Union Government is not making the corporate social responsibility (CSR) spending mandatory in the new Companies Bill, likely to be introduced in the Budget session of the Parliament, Corporate Affair Minister Veerappa Moily on Monday said. Some political parties are putting pressure on the government to make two per cent CSR spending mandatory for corporates.
The Union Government is not making the corporate social responsibility (CSR) spending mandatory in the new Companies Bill, likely to be introduced in the Budget session of the Parliament, Corporate Affair Minister Veerappa Moily on Monday said. Some political parties are putting pressure on the government to make two per cent CSR spending mandatory for corporates.
Delhi preparing for absolute e-Stamping
Delhi government has decided to completely do away with stamp paper of all denominations and shift to electronic stamping facility. The move will help ensure hassle-free transactions and prevent fraudulent practices. Currently, e-Stamping is applicable to values of over Rs 500 but government has now decided to abolish stamp papers of all denominations.
Delhi government has decided to completely do away with stamp paper of all denominations and shift to electronic stamping facility. The move will help ensure hassle-free transactions and prevent fraudulent practices. Currently, e-Stamping is applicable to values of over Rs 500 but government has now decided to abolish stamp papers of all denominations.
Haryana villages to have ' digital health walls'
Revamping the healthcare system in the state, Haryana government has decided to install ‘health wall’ in every village of the state. This health wall will display the sex ratio, number of expecting mothers, immunization status and the healthcare facilities available in that village.
Revamping the healthcare system in the state, Haryana government has decided to install ‘health wall’ in every village of the state. This health wall will display the sex ratio, number of expecting mothers, immunization status and the healthcare facilities available in that village.
Jharkhand suspends Aadhaar enrolment drive
The Unique identification project has come to a grinding halt in Jharkhand—a state that has served as testing ground for the Unique Identification Development Authority (IUDAI) for convergence of different schemes. The State government issued orders to all the Deputy Commissioners to suspend the enrolment drive with immediate effect.
The Unique identification project has come to a grinding halt in Jharkhand—a state that has served as testing ground for the Unique Identification Development Authority (IUDAI) for convergence of different schemes. The State government issued orders to all the Deputy Commissioners to suspend the enrolment drive with immediate effect.
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