Between March 20 - May 8, Public Sector Banks contacted 97% of borrowers eligible for emergency credit lines & working capital enhancements and sanctioned loans worth Rs 65,879 crore, up from the Rs 26,500 crore sanctioned as of May 4. @FinMinIndia@RBI@DFS_India@PIB_India
The government on May 11, 2020 released Rs 6,195.08 crore to 14 states as the second equated monthly installment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission. This would provide them additional resources during the Corona crisis.
There is no proposal under consideration of Govt for any cut whatsoever in the existing salary of any category of central government employees.
The reports in some section of media are false and have no basis whatsoever.
@nsitharamanoffc@PIB_India@DDNewslive@airnewsalerts
(2/2) Given the world class business environment and competitive tax regime at GIFT-IFSC, it is expected that trading of INR-USD contracts may bring volumes to India.
(1/2) Finance Minister Smt. @nsitharaman launches INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT IFSC, Gandhinagar, Gujarat today through video conference.
@nsitharamanoffc@BSEIndia@NSEIndia@PIB_India
Fly pasts and flower petals- India thanks all its front line #coronawarriors. Every medical profession, every policeman, every Aasha worker and all those who helped #IndiaFightCorona are worthy of praise and gratitude.
Pursuant to PN 67/2015-20 issued by @dgftindia 23,674 AA & DFIA licences expiring in February to June 2020 have been automatically extended in ICES system by 6 months as a measure of relief to exporters as #IndiaFightsCorona#FacelessCustoms@GoI_MeitY
All the personal staff whose tenure is co-terminus with Hon'ble Minister of Finance and Corporate Affairs, Smt @nsitharaman have offered to forego one day's salary every month until March, 2021 to contribute towards the nation's fight against Covid-19.
#IndiaFightsCorona
This is for policies that are due between 25th March and 3rd May, in order to ensure their continuity and hassle-free claims payment during the above grace period.
With a view to mitigate hardship to policyholders whose health & motor (third party) insurance policies are due for renewal during COVID-19 lockdown, Govt. has issued notification allowing policyholders to make payments on or before 15.05.2020 towards renewal of their policies.
A re-adapted #Saptapati from @PMOIndia@narendramodi
1. Care for elders
2. Stay within Laxman Rekha
3. Use homemade masks
4. Follow precautions from @moayush + use #AarogyaSetu app
5. Extend help to the poor
6. Pls don’t lay-off employees
7. Respect doctors & medical workers
We have to be alert that there shall be no new #Corona#hotspots. We have to be as careful as we have been all this while. Lockdown is extended till 2 May 2020, says @PMOIndia.
In response to a number of requests received, the Ministry of Corporate Affairs has released an FAQ covering common queries regarding the eligibility of CSR expenditure related to COVID-19 activities. #IndiaFightsCorona
https://t.co/viLVbidNOa
Wish to thank the staff and officers of @FinMinIndia inclusive of those in PSBs who have come forward and contributed ₹430 crore towards @PMCares PM-CARES Fund to combat COVID-19 outbreak. https://t.co/ngZvE9JqV4.
Finance Minister Smt. @nsitharaman holds a bilateral meeting with Mr Mohammed Al-Jadaan, Minister of Finance, Saudi Arabia, on the sidelines of #G20SaudiArabia in Riyadh today.
Finance Minister Smt. @nsitharaman holds bilateral meeting with Federal German Minister for Finance Mr @OlafScholz on the sidelines of #G20SaudiArabia meeting in Riyadh today.