Government exceeds disinvestment target
The government has exceeded its disinvestment target for the current fiscal by Rs 5,000 crore, taking the total proceeds to Rs 85,000 crore.
Currency in circulation
As per the latest data by RBI, the Currency in circulation (CIC) has jumped by 19.14% to a record high of Rs 21.41 lakh crore as on March 15, 2019 from the pre-demonetisation level.
India’s GDP growth for FY20 to be 6.8%: Fitch
The global credit rating provider Fitch cut India’s economic growth forecast for the next financial year starting April 1, to 6.8%.
Casual farm labour shrinks: NSSO’s Report
According to the Periodic Labour Force Survey (PLFS) 2017-2018 report by NSSO, an estimated 3.2 crore casual labourers lost their jobs in rural India between 2011-12 and 2017-18, a 29.2% slide over the previous survey.
About 44% of PM-KISAN beneficiaries await payment from Centre
Under the new PM-KISAN scheme, about 56% of the total list of 4.92 crore names submitted by States, have been paid so far with just 10 days to go for the first payout deadline under PM-KISAN.
Need to give permanent status to Finance Commission: RBI Governor
Reserve Bank of India Governor Shaktikanta Das said “increasingly it is felt that there is a need to give permanent status” to the Finance Commission.
Anti-profiteering
According to the chairman of National Anti-Profiteering Authority (NAA), mock purchases can be made by NAA offices to check a trader’s invoice for profiteering.
Renewable energy status for large hydel projects
The Union Cabinet recently approved a new hydroelectricity policy that included large hydro projects within the ambit of renewable energy.
Exchange of country-by-country reports
The Central Board of Direct Taxes (CBDT) said India and the US can now exchange country-by-country (CbC) reports filed by the ultimate parent corporations based in either of the countries.
Exports on Rise
As per the data from Commerce Ministry, the country’s exports grew by 2.44% year-on-year to USD 26.67 billion in February.