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Government’s fertiliser subsidy bill to skyrocket on rising input prices: Crisil

Posted on : Dec 6, 2021

To encourage farmers to use fertilisers for better crop yield, the government keeps their retail sales price (RSP) significantly lower than the market rate, and reimburses the difference to manufacturers through subsidy payments.

Government to chalk out legal road map for working from home

Posted on : Dec 6, 2021

The idea is to provide a legal framework for the new models of work that have emerged in the wake of the Covid-19 pandemic, such as work from home or hybrid working to protect employees from the highly infectious coronavirus, people familiar with the move said.

Govt expands SCALE committee, appoints 3 new members

Posted on : Dec 6, 2021

Currently, the 14-member Steering Committee for Advancing Local Value-Add and Exports (SCALE) committee is headed by former Mahindra CEO Pawan Goenka.

Cabinet may discuss Crypto Bill this week, likely ban on private digital currency as legal tender

Posted on : Dec 6, 2021

The view in the govt is that crypto cannot be permitted as a currency, but stringent regulation can be put in place to allow them to be held as assets.

Monetary Policy: RBI likely to hold repo rate, keep stance unchanged

Posted on : Dec 6, 2021

The Central bank could also provide commentary aimed at reining in bond yields and signal that its moving to normalise monetary consitions to avoid a future spiral.