Home   »  

Monthly Archives: April 2021

April, 2021 - - Part 5_3.1

Goldman Sachs Downgrade India’s GDP Growth Forecast to 10.5% for FY22

Wall Street brokerage, Goldman Sachs revised downward the GDP growth forecast of India for the fiscal year 2021-22 (FY22) to 10.5 per cent from the earlier estimate of 10.9 per cent. The downward revision is due to the increasing number of pandemic cases and a host of key states announcing stricter lockdowns, thus affecting economic …

April, 2021 - - Part 5_7.1

RBI cancels licence of Bhagyodaya Friends Urban Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the licence of Maharashtra-based Bhagyodaya Friends Urban Co-operative Bank Limited due to inadequate capital. On liquidation, every depositor is entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakhs from the DICGC subject to the provisions of the …

April, 2021 - - Part 5_8.1

Government Extends ‘Vivad se Vishwas’ scheme Deadline till 30 June 2021

The government has once again extended the deadline for making payment under the direct tax dispute settlement scheme ‘Vivad Se Vishwas’ by two months till June 30, 2021 to provide relief to the taxpayers facing hardships amid the pandemic. This is the fourth time that the deadline is being extended by the Ministry of Finance, …

April, 2021 - - Part 5_9.1

PM Modi Launches Extension of ‘SVAMITVA scheme’ Across India

Prime Minister Shri Narendra Modi launched the distribution of e-property cards under the SVAMITVA scheme on National Panchayati Raj Day on April 24, 2021, through video conferencing. SVAMITVA stands for Survey of Villages and Mapping with Improvised Technology in Village Areas. The launch marked the rollout of the implementation of the SVAMITVA scheme across the …

April, 2021 - - Part 5_10.1

National Panchayat Awards 2021

The National Panchayat Awards 2021 was conferred by PM Modi. Prime Minister will transfer the award money (as Grants-in-Aid) through the click of a button, ranging from Rs.5 lakh to Rs.50 lakh. The amount will be directly transferred to the bank account of the Panchayats concerned in real-time. This is being done for the first …