Tag: rural electrification

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Posted in Economy

Preferential allotment likely in PFC-REC merger to help Centre retain majority stake and government company status

New Delhi: The proposed union of Power Finance Corp (PFC) and REC could include a preferential allotment of shares to the Centre as part of…

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Posted in Economy

Budget 2016-17: Boost for Bharat, infra, power, banks; relief for small earners

The Union Budget 2016–17 presented by Finance Minister Arun Jaitley focused on strengthening rural economy, supporting farmers, boosting infrastructure, improving governance and enhancing financial stability…

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Posted in Economy

Budget 2015-16: Fiscal push, infra boost, new black money law, a long-awaited corporate tax cut

Union Budget 2015–16, presented by the then-FM Arun Jaitley on April 1, 2015, sought to balance fiscal consolidation with targeted public spending and inclusion. The…

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