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    Tolerance and Respect for Economic Progress (Convocation address by Dr. Raghuram Rajan, Governor, Reserve Bank of India at the IIT Delhi Convocation,...
    LIC Presents the Cheque of ₹ 2000 crore as the First Tranche of Funding Assistance to Railways The move Marks the Beginning of a Historic Milest...
    Various Schemes Inaugurated by Commerce Minister in Andhra Pradesh
    Government asks Pensioners to furnish their Life Certificate and relevant details to their respective banks in order to enable the banks to provide th...
    Roundtable Strategy Meet of Non-Bank Points of Presence (POPs) to discuss NPS penetration in Private sector held; POPs advised to tap the potential wh...
    IFCI pays Final Dividend of ₹ 46.15 crore for FY 2014-15 to the Government of India
    Protocol for establishment of the India-Ecuador Joint Economic and Trade Committee (JETCO) signed
    Assets Under Management (AUM) of National Pension System (NPS) cross RS. 1 Lac Crore
    Finance Minister emphasizes the need for standardized information exchange to prevent International Tax evasion and avoidance
    World Bank Assisted Project "Neeranchal" for the Watershed Component (Erstwhile Integrated Watershed Management Programme) of the Pradhan Mantri Krish...
    Extension of Proposal Due Date and Date of Opening of Pre-Qualification Proposals of Tender Id No. 2015_DIPP_46397_ 1 Dated: 15.09.2015 for Appointmen...
    Report of the high level committee to suggest measures for improved monitoring of the implementation of corporate social responsibility policies.
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    October 31, 2015
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    Freedom to question: protect open debate with a high bar for prohibitions to sustain innovation and tolerance.
    Protecting an open marketplace of ideas and the right to question is essential to foster innovation and sustained economic progress. Protection should extend to the procedural right to challenge and behave differently, while actions that physically harm individuals or materially exclude groups from participation should be prohibited. Mere offense without harm should face a very high threshold before bans or extra legal enforcement are invoked, because excessive prohibitions chill debate and impede productivity enhancing innovation.
    October 27, 2015
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    Institutional financing provides long-term funding to railway projects with extended tenor, moratorium, and staged repayment terms.
    LIC presented the first tranche of its committed institutional funding to IRFC as long term capital for railway projects. The financing matches project needs by offering a long tenor with an initial moratorium, an early interest only period followed by repayment in equated instalments, and pricing tied to the benchmark government yield plus a modest spread. Funds are intended for capacity enhancement, decongestion, increased traffic output, and both new and ongoing projects that deliver quick benefits, with IRFC acting as the channel for deployment.
    October 20, 2015
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    Village development initiatives expand integrated infrastructure, sanitation and financial inclusion while adding clean energy and disaster resilience services.
    Implementation of village development projects under the Saansad Adarsh Gram Yojana delivered multiple RO water treatment plants funded by MPLADS to address saline drinking water, introduced individual bio digester toilets developed by a defence research organisation with CSR support and third party validation, and established an integrated solid waste management system with household collection and a designated dumping yard. A multipurpose cyclone relief centre was commissioned for disaster resilience and community training, while financial inclusion camps achieved near universal bank account and Aadhaar linkage and facilitated enrolment in pension and insurance schemes.
    October 17, 2015
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    Life certificate requirement: pensioners must submit life attestations to their banks with contact details to maintain pension services.
    Pensioners and family pensioners must furnish a prescribed Life Certificate each November to their pension-paying bank, recording present address, telephone numbers (including mobile) and email ID so banks can facilitate verification and provide improved pensioner services.
    October 16, 2015
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    Exclusive tax benefits on NPS investments drive POPs to boost private sector onboarding and enable online account facilities.
    A roundtable directed POPs to expand NPS penetration in the private sector by leveraging their solicitation and onboarding role, targeting corporate and private employees, and exploiting exclusive tax benefits on NPS investments. POPs proposed operational enhancements such as online account opening and parity in tax treatment with other pension products. The regulator committed to review suggestions and take subsequent measures to increase subscribers and make NPS more attractive.
    October 16, 2015
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    Dividend distribution to government shareholder follows interim payout, reflecting state majority ownership and DFI role.
    Payment of a final dividend by IFCI to its majority government shareholder is announced as additional to an earlier interim dividend; the CEO/MD handed over the dividend cheque to the Union Finance Minister. The release records the Government of India's majority equity stake and situates the distribution within IFCI's role as the nation's first Development Finance Institution and as a promoter and nodal agency for various specialised entities and schemes.
    October 10, 2015
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    Establishment of Joint Economic and Trade Committee creates a primary bilateral forum to advance trade and investment cooperation.
    Establishment of a bilateral Joint Economic and Trade Committee (JETCO) formalises a dedicated institutional mechanism to develop, deepen and coordinate trade and investment relations between India and Ecuador. The Protocol creates JETCO as the primary consultative and promotional forum, with biennial plenary meetings to set cooperation agendas, review initiatives and monitor implementation; the inaugural meeting is proposed to be hosted in India.
    October 9, 2015
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    Pension scheme expansion enhances subscriber benefits and tax-favourable voluntary contributions, encouraging wider social security participation.
    National pension arrangements have been expanded with revised investment guidelines, extended contribution and deferment options, partial withdrawal of up to 25% of a subscriber's own contribution after ten years for specified purposes, and facilities for voluntary Tier I contributions to access additional tax benefits; APY provides a government-guaranteed minimum monthly pension with limited-period government co-contribution incentives and operational measures to facilitate subscriber onboarding and communications.
    October 8, 2015
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    Automatic Exchange of Information should be implemented on a fully reciprocal basis to curb international tax evasion.
    Emphasis on global implementation of Automatic Exchange of Information via a standardized Common Reporting Standard on a fully reciprocal basis to prevent international tax evasion and avoidance; endorsement of OECD work on the Action Plan for Base Erosion and Profit Shifting and acknowledgment that exchanged information has provided vital intelligence to tax authorities.
    October 7, 2015
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    Watershed project funding under PMKSY enables national implementation and institutional strengthening through World Bank support.
    Neeranchal is the World Bank-assisted national watershed management project implemented as the Watershed Component of PMKSY, combining government funding and a loan to strengthen institutional capacity, technical assistance, and systems for coordinated, results oriented watershed and rainfed irrigation management. The project emphasises sustainability of practices post support, enhanced community participation, local institution strengthening, and a watershed plus approach to improve equity, livelihoods and convergence with related programmes, aiming to reduce runoff, increase groundwater recharge and raise productivity in rainfed areas.
    October 6, 2015
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    Extension of Proposal Due Date: procurement timetable adjusted to allow clarifications and longer bid preparation time.
    Extension of proposal submission and pre-qualification opening dates for the RFP seeking a consulting agency for the Start Up India initiative, issued as an administrative corrigendum because clarifications for pre-bid queries were delayed and bidders require additional time to assess project requirements.
    October 6, 2015
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    Corporate Social Responsibility monitoring: Committee urges board accountability, statutory disclosure publication, and targeted clarifications.
    The Committee recommends retaining primary accountability for CSR with the company Board and its CSR Committee, endorses statutory disclosure obligations and MCA compilation of firm-level CSR filings for public dissemination, and rejects a central external monitoring agency for private companies while permitting Boards to engage third party evaluators. It advises targeted amendments: add an omnibus Schedule VII clause, clarify Net Profit computation and "any financial year" interpretation, allow carry forward of unspent CSR with a five year sunset, exclude Section 8 companies, examine foreign company applicability, adopt two implementation models around a Rs. 5 crore CSR threshold, and raise administrative overhead cap to up to 10%.

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