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Centre may offer special package to states as GST compensation ends in June 2022
... divergence between the states with increases in the range of 2% to 23% amongst the large states. Key opposition-ruled states such as Tamil Nadu , West Bengal and Chhattisgarh have demanded that the compensation period be extended. Some BJP -ruled ones like Uttarakhand and Himachal Pradesh have asked the Centre to extend the compensation period beyond June 30. Most hill states don't have their own revenue sources, increasing their dependence on the Centre . A special temporary levy on GST could help them ...
Updated: 04/18/2022
Juned Khan, Ramandeep Kaur rewrite the national record
..., who held a previous national record of 2: 45.17 s, dropped out after being second with 10 km to go. The 35 km race walk event was introduced in India last year after World Athletics decided to do away with the 50 km event after the Tokyo Olympics. Uttarakhand's Sachin Bohra won the men's U-20 10 km crown by a mere second after defeating Gujarat's Rohit Kumar Yadav by 43: 12 s. Deepika Sharma of Rajasthan won the women's U-20 10 km race with a time of 51: 32 s. Juned Khan Haryana 2: 40.16; 2....
Updated: 04/17/2022
Kaynes Technology to raise Rs 130 crore through issue
... life-cycle support for major players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things, information technology IT and other segments. The company has eight production plants in the states of Uttarakhand, Haryana, Himachal Pradesh, Tamil Nadu and Karnataka. It has a total capacity of approximately 600 million components as of December 2021. The company posted a profit of Rs 420.63 crore for FY 21 compared to Rs 368.24 crore in the previous ...
Updated: 04/16/2022
₹7,183 crore revenue deficit grant released to 14 states
... states. The grant was released on Friday by the Finance Ministry, as per the recommendations of the 15th Finance Commission to Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram , Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal. The Department of Expenditure, Ministry of Finance , released the 1st monthly installment of the Post Devolution Revenue Deficit PDRD Grant of Rs 7,183 on Thursday. The ministry said 42 crore were distributed to 14 countries....
Updated: 04/14/2022
Centre may offer special package to states as GST compensation ends in June
... between the states with increases in the range of 2% to 23% amongst the large states. Key opposition-ruled states such as Tamil Nadu , West Bengal and Chhattisgarh have demanded that the compensation period be extended. Some of the BJP -ruled ones, like Uttarakhand and Himachal Pradesh, have asked the Centre to extend the compensation period beyond June 30. Most hill states don't have their own revenue sources, increasing their dependence on the Centre . A special temporary levy on GST could help ...
Updated: 04/14/2022
Power cuts on the rise this summer as coal inventories at lowest level since 2014
... power plants have at least 24 days of stock on average. The report showed that industrial states like Gujarat and Maharashtra have resorted to load shedding, with government data showing eastern states such as Jharkhand and Bihar , and Haryana and Uttarakhand reporting power shortages of over 3 per cent each, according to the report from Reuters. Coal India is currently supplying around 3.4 lakh tons of coal per day to the non-power sector, which is the company's average supply to this segment,...
Updated: 04/13/2022
GAEL shares zoom 10% in intra-day trade on heavy volume
... the largest player in maize processing with a capacity of 3000 tons crushed per day TCD and market share of around 30 per cent. In January 2022, GAEL announced its decision to set up a Greenfield corn wet milling plant in Sitarganj , Uttaranchal Uttarakhand with investment of 400 to 500 crore. A corn wet mill plant is being set up for the production of starch, starch derivatives and polyols viz. The proposed capacity addition of 1000 TPD Unit III would be done within a period of 18 months. In ...
Updated: 04/13/2022
₹ 7,183 crore revenue deficit grant released
... deficit grant of 7,183 crore to 14 states. The grant was released as per the recommendations of the 15th Finance Commission to Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram , Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal. The Department of Finance, Ministry of Finance , has released the 1st monthly installment of the Post Devolution Revenue Deficit PDRD Grant of Rs 7,183. The ministry said 42 crore were being handed over to 14 countries....
Updated: 04/12/2022
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