Category: Economic

Tamil Nadu, 20 other states to borrow additional Rs 78,452 crore to meet revenue shortfall

On Wednesday  the government allowed Tamil Nadu to raise an additional Rs 9,627 crore through open market borrowings to bridge the revenue shortfall caused by the COVID-19 pandemic, a day after granting permission to 20 states for mobilising Rs 68,825 crore,These 21 states will cumulatively borrow an additional amount of Rs 78,452 crore. An official […]

Govt lifts ban on export of alcohol-based hand sanitizers

On Thursday The government lifted all restrictions on export of alcohol-based hand sanitizers. the Directorate General of Foreign Trade (DGFT) said ,“The export of alcohol-based hand sanitizers in containers with dispenser pumps is free for export making export of alcohol-based hand sanitizers in any form/packaging freely exportable, with immediate effect.” In the middle of the […]

Uttarakhand CM launches development projects worth Rs 105 Cr

On Friday Uttarakhand Chief Minister Trivendra Singh Rawat launched development projects that are worth Rs 105 crore. The work on these  projects will start soon and , according to an official statement this include Rs 50 crore Hans Jal Dhara Yojana under which pure drinking water will be supplied to 200 villages and a Rs […]

Govt moves to revamp the Food Safety and Standards Authority of India

The Govt has moved to rebuild the Food Safety and Standards Authority of India (FSSAI), the prime regulatory authority for food safety in India. This will  give it more powers, extend its jurisdiction over animal feed, enhance the penalties imposed for violations and simplifying processes. The Food Safety and Standards (Amendment) Bill 2020 has been […]

Reduced bargaining power, MSP worry behind farmers’ stir in Punjab, Haryana, UP

Over the next week farmers’ protests against the agriculture legislation are set to intensify. Though the Opposition parties have opposed the new Bills, the protests have largely been around Punjab, Haryana and western Uttar Pradesh. the main factors for the increasing number of protests are Uncertainty over the minimum support price (MSP) mechanism, loss of […]