Tag: somanathan
Committee on review of pension system for govt employees consulting stakeholders: FinMin
The Finance Secretary-headed committee to review the pension system for government employees is in the process of consulting stakeholders and is yet to finalise its…
Voiding Rs 2,000 note unlikely to hit money supply: Officials
New Delhi: The decision to phase out ₹2,000 denomination notes from the system won’t have any significant impact on the money supply or financial transactions,…
finance: Finance Ministry sets up panel to review pension system for government employees
Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would…
Divestment: Divestment shortfall: Centre has math ready
The Centre is banking on higher dividend income from state-run companies, savings accruing through the new fund release system for autonomous bodies and central schemes,…
All ministries, departments to be on E-bill platform by March 2024
The government will bring all the central ministries and departments on the e-Bill platform before March 2024 to help ensure timely clearance of bills submitted…
FinMin issues draft scheme for settling disputes related to govt contracts
The finance ministry on Wednesday came out with a draft scheme for settlement of pending disputes related to government contracts. Under the Vivad se Vishwas…
Govt to come out with discussion paper for settlement of contractual disputes
In a bid to free up thousands of crores of rupees locked up in litigation and arbitration, the government will come out with a discussion…
Higher investment limit in saving schemes aimed at benefiting senior citizens, middle class: Fin Secy
The decision to raise the investment ceilings in small savings schemes is aimed at benefiting senior citizens and the middle class who park funds in…