Nirmala Sitharaman Current Affairs - 2020

Loans worth over Rs 1.10 lakh crore sanctioned by Banks under ECLGS until 1st July

Union Finance Minister Nirmala Sitharaman announced the Emergency Credit Line Guarantee Scheme (ECLGS) on 13th May 2020. ECLGS was announced as a part of the AtmaNirbhar Bharat Package for supporting the Micro Small and Medium Enterprises (MSMEs) in the country. As of 1st July 2020, Public Sector Banks and Private Banks across the country have Read More…

Finance Minister launches ‘eBkray’ auction platform for assets attached by banks

Union Finance Minister Nirmala Sitharaman has launched eBkray or eBक्रय,  an common e-auction platform to enable online auction of attached assets transparently and cleanly for the improved realization of value by banks. The e-auction platform is now linked on Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal and guidelines have been made available. About eBkray Read More…

In a first, GST Council fixes 28% uniform tax rate for lottery

In a first, the Goods and Services Tax (GST) Council meeting resorted to voting to decide on an issue, as all the earlier decisions by GST Council had been taken through consensus. The controversial issue of GST rate for lotteries was decided on basis of voting, with the GST Council headed by Finance Minister Nirmala Read More…

Angela Merkel tops 2019 Forbes’ List of World’s most-powerful women

German Chancellor Angela Merkel has topped the Forbes’ 2019 edition of 100 World’s Most Powerful Women for the ninth consecutive year. She was joined in top spots by fellow prominent female political leaders. The 65-year-old German leader has made 14 appearances in list’s 16-year history of Forbes magazine which releases a wide-ranging list intended to Read More…

7 December: GST Stakeholder Feedback Diwas

The central and state authorities organised GST (Goods and Services Tax) Stakeholder Feedback Diwas on 7 December 2019. The aim of organizing this event was to get an on-the-spot response and suggestion to the new system for filing GST Returns to be introduced from next fiscal year. The new return form will be made mandatory Read More…