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    40th Civil Accounts Day to be Celebrated on 1st March 2016 in the National Capital; Best Performing Principal Accounts Officers (Pr.AOS)/Pay And Accou...
    Introduction of 30,000 Bio-Toilets in Trains by the Next Financial Year
    Facilities for Divyang, Senior Citizens and Women Travelers
    E-Catering Services to be Extended to 408 A1 and A Class Stations
    Initiatives taken to improve Passenger Ammenities
    Railways to ensure independence of Rail Development Authority
    ‘AYUSH’ Systems in 5 Railway Hospitals Introduced Gang Men will be Provided with Devices Called ‘Rakshak’ for Promoting Research in Key Policy...
    Railways for Port Connectivity to Boost Country’s Imports and Exports
    Railways on the track of paper economy
    As against share of 6.16% of total tax devolution during 13th Finance Commission award, North Eastern States now get 7.94% of total tax devolution und...
    IFCI Ltd. Pays 10% Interim Dividend to the Government; CEO & MD,IFCI Presents a Dividend Cheque of ₹ 92.30 Crore to Shri Arun Jaitley, Finance M...
    Text of PM's statement to Media ahead of the Budget Session of Parliament
    Make In India Week concludes on a high note showcasing India’s manufacturing prowess Manufacturing, Design and Innovation has been brought to the c...
    Big Boost to the Railway Sector: CCEA approves construction of additional Railway lines
    Cabinet approves nomination of Chief Executive Officer, NITI Aayog as a part-time Member of the Telecom Commission
    Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2016
    Day 3 of Make In India Week activities go on as planned at the main venue in BKC
    Regional Consultation by NITI Task Force on Agricultural Development under the chairmanship of Dr. Arvind Panagariya, Vice Chairman, NITI Aayog
    H.E Sultan Al Mansoori, Minister of Economy, UAE calls on the Union Finance Minister Shri Arun Jaitley; both sides emphasized the need for cooperation...
    India's nominee, Dr.D.J. Pandian appointed as the Vice-President, Chief Investment Officer of Asian Infrastructure Investment Bank (AIIB).
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    February 29, 2016
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    Separation of accounts from audit highlighted as awards recognise top civil accounting units and reinforce CGA accounting duties.
    The Civil Accounts Day event includes awards for Principal Accounts Offices, PAO units, internal audit units and outstanding initiatives to incentivise accounting performance. Its institutional basis arises from the 1976 separation of accounts from audit and subsequent departmentalisation of union accounts. The Controller General of Accounts serves as principal accounting adviser, responsible for establishing a Management Accounting System, preparing and submitting government accounts, and exercising exchequer control and internal audit oversight.
    February 25, 2016
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    Introduction of bio-toilets in trains to boost sanitation, with SMS coach-cleaning, station audits, and waste segregation measures.
    A national railway cleanliness initiative mandates installation of bio-toilets in passenger trains within the next financial year, paired with a pan-India SMS-based on-demand coach and toilet cleaning service, third-party audits and passenger-feedback ranking of A1 and A class stations, and phased establishment of waste segregation and recycling centres at top-tier stations; portable bio-toilets, awareness campaigns, and financing via advertising rights and CSR sponsorships are included to address accessibility and maintenance.
    February 25, 2016
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    Accessibility measures for disabled travellers expand rail concessions and facilities, with enhanced senior quotas and reserved women bays.
    Railway policy establishes one time online registration for concession entitlement and online wheelchair booking for Divyang, introduces Braille enabled coaches, increases lower berth allocations for senior citizens, reserves middle bays for women security, and adds escalators and lifts to improve station accessibility and passenger safety.
    February 25, 2016
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    E-catering expansion to major stations will make local cuisine and optional catering choices available to passengers.
    IRCTC will phase in management of railway catering by unbundling food preparation from distribution, exploring optional onboard catering, extending e-catering to additional high-category stations, adding mechanized base kitchens to ensure fresh hygienic food, and introducing multipurpose station stalls; the policy further proposes reservation in catering units and weightage for district domicile applicants to promote local empowerment and inclusion.
    February 25, 2016
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    Passenger amenities enhancement expands feedback channels and upgrades station and onboard facilities to improve traveler services.
    The Railways established a dedicated IVRS and telephone outreach plus social media complaint redressal to solicit passenger feedback and monitor services, while implementing infrastructure upgrades including additional coaches and berths, water vending machines, mobile charging points, dustbins, online retiring-room booking, mechanized laundries, disposable bed rolls, and a refurbished train service, partly financed through Member contributions and CSR funds.
    February 25, 2016
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    Independence of Rail Development Authority to secure fair pricing, competition and customer protection through arm's-length governance.
    The draft bill will establish a Rail Development Authority with assured independence to enable fair pricing, promote competition, protect customer interests and determine efficiency standards; the Authority will be constituted through extensive stakeholder consultations and a transparent, streamlined, arm's-length selection process to reinforce regulatory autonomy and stakeholder confidence.
    February 25, 2016
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    Integration of AYUSH in railway hospitals expands healthcare access while worker safety tech and skill development are enhanced.
    Introduction of AYUSH systems in five railway hospitals will expand healthcare modalities and exchange with government hospitals; worker safety measures include provision of wireless-enabled 'Rakshak' devices to gang men, reduction of patrolling tool weight through value engineering, and improved cab amenities. Research and training measures set up two chairs for policy and technology research, offer internships to engineering and management students, and establish Centres of Excellence for Skill Development in workshops and production units, with NGO partnerships to extend skilling to remote areas and employee wards.
    February 25, 2016
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    Port connectivity as logistics policy: rail-port links to be advanced via PPPs and partnership offers to expand coastal freight access.
    Development of rail links to maritime terminals is presented as a strategic logistics policy to enhance imports and exports by providing seamless freight connectivity. The statement outlines an ongoing coastal connectivity programme with commissioned and under-implementation port rail links and identifies planned delivery through public-private partnership arrangements, naming Nargol and Hazira for PPP implementation and signalling openness to external partnership offers for further port-rail expansion.
    February 24, 2016
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    Paperless communication for the railway budget shifts distribution online and centralizes live public access via a micro site.
    Adoption of paperless communication replaces routine physical circulation of the Pink Book and Demands for Grants with selective, need based electronic transmission via intranet, internet and e mail, reducing printing and distribution burdens. A dedicated micro site centralizes up to date Rail Budget information and live coverage, allowing media and the public ready access to budget datasets and broadcasts without printed copies, thereby supporting environmental conservation and operational efficiency.
    February 24, 2016
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    Tax devolution increase expands untied transfers and targeted grants to strengthen fiscal support for North Eastern States.
    The 14th Finance Commission increased untied fiscal transfers to the eight North Eastern States by raising their share of central tax devolution and recommending separate grant in aid packages. Grants include revenue deficit support to assessed deficit States, funding for local bodies, and central contribution to state disaster relief funds. The Commission based allocations on region specific fiscal disabilities-low revenue capacity, forest cover, difficult terrain, remoteness and infrastructure deficits-and the combined transfers and special-purpose funding aim to improve predictability and the quantum of resources available for development.
    February 24, 2016
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    Interim dividend payment returns government equity share proceeds after company reports improved assets and capital adequacy.
    IFCI Ltd. declared a 10% interim dividend (Rs.1 per share) for 2015-16, representing the government's 55.53% equity holding, and handed the dividend cheque to the Finance Minister. The company reported net profit for the nine months ending December 31, 2015, growth in business assets year on year, a Debt Equity Ratio below standard leverage concerns, and a Capital Adequacy Ratio above the regulatory requirement, which the company cites in support of the interim distribution.
    February 23, 2016
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    Parliamentary deliberation should drive the Budget Session, allowing robust criticism to strengthen democracy and address public expectations.
    Parliamentary deliberation on the rail and general budgets is central to the Budget Session; extensive consultations with political parties, including one-to-one discussions, have led to a constructive posture from opposition participants. The Prime Minister urges the House be used for serious debate, permitting robust criticism and exposure of governmental shortcomings as the means to strengthen democracy and address public hopes and expectations.
    February 18, 2016
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    Manufacturing promotion: event secured major investment commitments and policy initiatives to boost domestic manufacturing and innovation.
    Make In India Week advanced manufacturing promotion by securing extensive business commitments and shaping an investment-enabling environment supported by state task forces to convert MoUs into projects. The programme combined deal-making across multiple manufacturing sectors with national and state policy releases-including an Electronics Development Fund and a National Capital Goods Policy-while prioritising design, innovation, startups, industry-academia partnerships, skill development and coordinated state-centre action to expand manufacturing's contribution to GDP.
    February 18, 2016
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    Rail infrastructure approvals expand line capacity by authorising six new and upgraded routes funded largely through extra budgetary financing.
    Approval of construction of six railway line projects and one additional rail bridge to expand capacity and ease congestion on key passenger and freight corridors, authorising doubling, tripling or third-line additions and a new bridge where doubling is impracticable. Most expenditure is to be met through extra-budgetary resources. Each project is justified by saturated line utilisation or anticipated freight and passenger growth-particularly coal and power-plant related traffic-and specifies route scope, district coverage and phased completion horizons to increase sectional capacity and reduce detention.
    February 17, 2016
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    Part-time membership: NITI Aayog CEO nominated to restore Telecom Commission's part-time composition and policy input.
    Cabinet approves nomination of the Chief Executive Officer of NITI Aayog as a part-time Member of the Telecom Commission replacing the Planning Commission Secretary vacancy, to restore the Commission's part-time membership and to bring NITI Aayog's think-tank policy inputs into Telecom Commission deliberations.
    February 15, 2016
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    Wholesale Price Index decline signals negative annual inflation, driven by falls in fuel, minerals and primary articles, slight manufactured uptick.
    WPI for all commodities fell to 175.7 in January 2016, producing an annual inflation rate of -0.90%. Declines were driven by primary articles and fuel & power-particularly lower food articles, minerals, furnace oil, aviation turbine fuel, diesel and petrol-while manufactured products recorded a slight monthly increase with mixed movements across food products, textiles, chemicals and metals.
    February 15, 2016
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    Public safety review enables Make In India Week activities to continue as scheduled after a nearby incident.
    Make In India Week activities at the MMRDA Grounds proceeded as scheduled after a venue safety and fire audit review following an accidental nearby fire; the main centre was confirmed secure and public safety assessments supported continuation of seminars, exhibitions and related events.
    February 13, 2016
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    Model land leasing act proposed to secure tenant rights and boost agricultural productivity through state consultations and policy reforms.
    The NITI Aayog Task Force held consultations to solicit state inputs for a report and occasional paper recommending a model land leasing act to ensure transparent tenancy arrangements and protect owner and tenant rights, alongside measures for farmer led extension, risk adaptation, strengthened co operatives, water conservation and efficiency, investment in seeds, reforms in research and extension, fertilizer efficiency and soil health initiatives, and agricultural marketing reforms.
    February 11, 2016
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    International economic cooperation to expand investment, innovation and SME partnerships between two countries through institutional and industry collaboration.
    Bilateral cooperation concentrates on investment, innovation and SMEs: UAE institutions will continue widening investments in India while Indian opportunities like the National Investment and Infrastructure Fund provide focal points; UAE's innovation strategy and Innovation Council and India's Start Up India initiative form the basis for deepened innovation engagement; both sides agreed institutional and industry cooperation to support SME growth and mainstream SMEs into global value chains.
    February 11, 2016
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    Chief Investment Officer appointment names leadership to oversee AIIB infrastructure investment planning and sustainable investment oversight.
    Appointment of Dr. D.J. Pandian as Vice President, Chief Investment Officer of AIIB designates the executive charged with planning and supervising the Bank's infrastructure investments, promoting sustainable investment across Asia consistent with AIIB vision and strategies, and ensuring the relevance, effectiveness and efficiency of Bank operations.

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