Arun Jaitley Current Affairs - 2019

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Highlights Budget 2018-19

Union Finance minister Arun Jaitley presented Union Budget 2018 in Parliament. It is last full budget of Narendra Modi Government before 2019 Lok Sabha elections. Economic Health Economy firmly on course to achieve high growth of 8%. GDP growth at 6.3% in second quarter of 2017-18. Growth in second half likely to remain between 7.2% Read More…

Month:  Categories: Constitution & Law

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Tez: Google’s UPI-based digital payment service launched

Tech Giant Google’s Unified Payments Interface (UPI) based digital payment service Tez (meaning fast in Hindi) was launched by Union Finance Minister Arun Jaitley in New Delhi. With this, Google become latest international giant to enter into India’s fast growing digital payment ecosystem. Key Facts Google Tez is standalone payments application, available on Android and Read More…

Month:  Categories: International

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16th meeting of FSDC held in New Delhi

The 16th meeting of the Financial Stability and Development Council (FSDC) was held in New Delhi. It was chaired by Union Finance Minister Arun Jaitley.  It was attended by heads of all financial sector regulators as its members. It reviewed the major issues and challenges facing the economy. Key Highlights of the meeting  Indian Economy: Read More…

Month:  Categories: Business, Economy & Banking

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GST Council approves Draft Central, State GST laws

The Goods and Services Tax (GST) Council has approved the draft Central GST (CGST) and State GST (SGST) laws along with Compensation Bill to bring the GST into implementation, country’s biggest indirect tax reform. The CGST and SGST laws contains total of 197 provisions and five schedules. They were approved at the seventh GST Council Read More…

Month:  Categories: Business, Economy & Banking

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GoM recommends heavy fine and ban on celebrities endorsing products in misleading ads

A high-level Group of Ministers (GoM) has approved imposing a heavy fine and ban on celebrities who endorse products making unrealistic and dodgy claims. The GoM headed by Union Finance Minister was tasked to look into the issue of Celebrity endrosement and recommendations of Standing Committee of the Parliament on the recently introduced The Consumer Read More…

Month:  Categories: Governance & Politics

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Union Government launches data bank portal of MSMEs

The Union Government has launched two important initiatives of the Union Ministry of MSME, viz. MSME Databank Portal and Online Finance Facilitation Web Portal. They were launched by Union Minister of Finance & Corporate Affairs Arun Jaitley on the sidelines of 14th Meeting of the National Board of MSME in New Delhi. Key Facts MSME Read More…

Month:  Categories: Governance & Politics

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Finance Minister Arun Jaitley inaugurates New Bank Note Paper Line unit in Hoshangabad, Madhya Pradesh

Union Finance Minister Arun Jaitley inaugurated the New Bank Note Paper Line unit of 6000 metric ton capacity at Security Paper Mill in Hoshangabad in Madhya Pradesh. He also flagged off the first consignment of one thousand rupee bank notes made indigenously from this paper mill to the Currency Note Press Nasik. Key Facts about Read More…

Month:  Categories: Business, Economy & Banking

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