Early morning PMO order behind roll-back of small savings rate cut
The timing of the withdrawal of the rate cut was very crucial as it was done moments before the commencement of second phase of voting in ongoing state assembly elections
Ashutosh Kumar | April 2, 2021 | Updated 00:04 IST
FM Nirmala Sitharaman mentioned that the interest rate cuts were issued by oversight
Early morning intervention today by Prime Minister s Office (PMO) led to the immediate reversal of sharp interest rate cuts on small savings schemes approved by Finance Minister Nirmala Sitharaman late Wednesday evening.
The decision on interest rate reduction for April-June quarter of FY22 faced massive backlash due to mega pruning of rates in PPF, Sukanya Samriddhi Yojana and senior citizen savings schemes used by the people to park their life s savings.
Congress built substandard buildings like Krishi Bhawan, Shastri Bhawan: Hardeep Singh Puri
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Last Updated: Mar 17, 2021, 04:28 PM IST
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Synopsis If buildings like Krishi Bhawan, Shastri Bhawan and Nirman Bhawan will have to come down, will you be sorry because you build those buildings and they were substandard buildings. They are not fit for offices, Puri said during Question Hour in the Rajya Sabha.
Agencies
Hardeep Singh Puri
Union Housing and Urban Affairs Minister Hardeep Singh Puri on Wednesday accused the Congress of constructing substandard buildings like Krishi Bhawan, Shastri Bhawan and Nirman Bhawan, saying they are not fit for being used as offices. He was speaking in parliament in response to a query by Congress leader Amee Yajnik on the number of buildings to be demolished during the development of the new parliament building.
FMO, FinDev Canada, and OeEB have announced a $115m syndicated loan facility that will allow Agri Commodities and Finance (ACF), one of the main trading companies of Export Trading Group (ETG) to improve and expand its operations in Africa.
FMO acted as lead arranger in this syndicated facility that will indirectly support an estimated 600,000 smallholder farmers and the communities, while also contributing to more sustainable and climate-resilient agricultural practices across the continent.
Pieternel Boogard, Director Agribusiness, Food, and Water of FMO, said: “We are very pleased to strengthen our commitment towards ETG s mission and empower small holder farmers across Africa for a brighter future. ETG s impact and success contribute to a stronger African agricultural sector, which will reduce poverty of smallholder farmers in Africa and improve their overall wellbeing through ETG’s sustainable and climate-smart programmes focused on agriculture and agro-processing. We
The leaders reviewed topical developments and the ongoing cooperation between both the countries in bilateral and multilateral forums. During the call, Prime Minister Modi reiterated the importance of Sri Lanka to India s Neighbourhood First policy, the PMO said.
How Dandi March Is Being Recreated After 91 Years
One of the marchers is Dr Anant Dubey, a Madhya Pradesh resident whose grandfather had walked to Dandi with Gandhi in 1930. PTI photo Outlook Web Bureau 2021-03-13T11:03:12+05:30 How Dandi March Is Being Recreated After 91 Years outlookindia.com 2021-03-13T11:24:53+05:30
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A 386-km long foot-march from Sabarmati Ashram in Ahmedabad to Dandi village in Navsari district of Gujarat was launched on Friday by Prime Minister Narendra Modi. The Dandi March, also popular as Salt March was led by Mahatma Gandhi in 1930.
A group of 81 participants re-enacted the Dandi March and set out on the journey from Sabarmati to Dandi. Union Culture Minister Prahlad Singh Patel said the march will culminate in a big event at Dandi on April 5.