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The major news headlines of the day, and more.
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A woman holds a small bottle labelled with a Coronavirus COVID-19 Vaccine sticker and a medical syringe in front of displayed China flag in this illustration image.
| Photo Credit: Reuters
The major news headlines of the day, and more.
The Union Cabinet on Tuesday approved a bill to set up a Development Finance Institution (DFI) to generate funds for investment in the infrastructure sector. The proposed legislation will give effect to the Budget announcement made by Finance Minister Nirmala Sitharaman on February 1. The government has proposed ₹20,000 crore to capitalise the institution.
Parliament proceedings updates | March 15, 2021
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Five Bills were set to be introduced in the Lok Sabha today.
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Five Bills were set to be introduced in the Lok Sabha today.
External Affairs Minister S. Jaishankar makes a statement in the Lok Sabha regarding the recent developments pertaining to the welfare of Indians living abroad, NRIs and PIOs in the COVID-19 situation. He will make a statement in the Rajya Sabha too.
Both Houses saw multiple adjournments on all days of last week as the Opposition demanded a discussion on the rising prices of fuel in the country.
Here are the latest updates:
The Indian Space Research Organisation (ISRO) intends to offload most of its space- related activities to industry and enhance focus on advanced research, its Chairman K Sivan has said, as the government opens up the sector to get private players onboard.
Twitter confirmed its global roll out of Spaces for both iOS and Android users, allowing them to start and host conversations. The micro-blogging platform did not disclose when it plans a global roll out for Spaces, but Reuters had reported that a possible roll out can be as early as next month.
₹2,000 notes not printed since 2019, government tells Lok Sabha
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Fall in quantum of notes in circulation
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Fall in quantum of notes in circulation
The government on Monday informed the Lok Sabha that ₹2,000 currency notes have not been printed in the past two years even as the quantum of the highest denomination currency note has come down. In a written reply, Minister of State for Finance Anurag Singh Thakur said 3,362 million currency notes of ₹2,000 denomination were in circulation on March 30, 2018, constituting 3.27% and 37.26% of the currency in terms of volume and trade respectively. As of February 26, 2021, 2,499 million pieces of ₹2,000 notes were in circulation, constituting 2.01% and 17.78% of banknotes in terms of volume and value, respectively.
Parliament proceedings updates | Rajya Sabha, Lok Sabha adjourned for the day
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Members in Rajya Sabha speak, as Opposition continues sloganeering.
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Members in Rajya Sabha speak, as Opposition continues sloganeering.
For the third day in a row, both Houses of Parliament could barely do any business, with the government refusing to concede to the Opposition’s demand of holding a debate on the farmers’ agitation. Each House managed to pass one bill each amidst din. The Lok Sabha passed the National Capital Territory of Delhi Laws (Special Provisions) Second (Amendment) Bill and the Rajya Sabha cleared the Arbitration and Conciliation (Amendment) Bill, 2021.