Ministry of Finance

  • NIA Launched ‘Pay As You Drive’ Vehicle Insurance Policy

    New India Assurance (NIA) has launched a ‘Pay as You Drive’ (PAYD) policy, which offers a comprehensive motor insurance policy that charges a premium based on the usage of the vehicle. The policy has two components- Third Party cover and...

    Published On February 4th, 2023
  • Power Grid Ranked 1st in Services Sector in PE Survey 2021-22

    Power Grid Corporation of India Limited (POWERGRID) has been ranked 1st in Services Sectors across categories Gross Block, Value Addition, Net Profit, Net Worth, Dividend Declaration, and Contribution to the Central Exchequer and has also been ranked 3rd among the...

    Published On January 9th, 2023
  • 1st G20 Central Bank Deputies Meet in Bengaluru Under India’s Presidency

    The first G20 Finance and Central Bank Deputies (FCBD) meeting is scheduled to be held during 13-15 December 2022 in Bengaluru. This meeting, which will mark the start of discussions on the Finance Track agenda under the Indian G20 Presidency,...

    Published On December 13th, 2022
  • Windfall Taxes: What And Why, In The Indian Context

    Recently, the Ministry of Finance has justified the imposition of Windfall Tax on domestic crude oil producers in July 2022, saying that it was not an ad hoc (made or done suddenly) move but was done after full consultation with the industry. Besides India, a wave...

    Published On September 20th, 2022
  • Aam Aadmi Bima Yojana: Criteria, Feature, and Benefits

    What is Aam Aadmi Bima Yojana? The government of India has launched various schemes now and one of them is the Aam Aadmi Bima Yojana for the benefit of the people. Aam Aadmi Bima Yojana aims to provide financial support...

    Published On June 10th, 2022