The capital expenditure push directed at states in Budget 2022-23 is being viewed with apprehension by some Opposition-ruled states that they might end up mortgaging their fiscal independence and sovereignty to the Centre for an extended period. States are flagging specific concerns about how the 50-year loans, specifically earmarked for capex in the budget for…Continue Reading

Vijayawada: Union transport minister Nitin Gadkari and Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy inaugurated and laid foundations for a bunch of projects, apart from throwing open the Benz Circle Flyover-2 at Vijayawada on Thursday. Laying foundations and inaugurating as many as 51 projects is a first of its kind event in the country.…Continue Reading

Centre’s digital push for UP to counter youth unemployment criticism

With the Yogi Adityanath-led government in Uttar Pradesh coming under criticism regarding the rising youth unemployment rate, the Central government has kicked off a massive digital push involving multiple centres of excellence, technology parks and entrepreneurship centres in the election-bound state. In December, the ministry of electronics and IT launched seven Internet exchanges across Uttar…Continue Reading

Asked our centres not to operate foreign currency accounts till renewal of FCRA registration: Missionaries of Charity

The Missionaries of Charity on Monday said it had asked its centres not to operate any foreign currency account till the issue of renewal of the organisation’s Foreign Contribution (Regulation) Act (FCRA) registration was resolved. The clarification came after the Ministry of Home Affairs said earlier in the day that the Missionaries of Charity’s application…Continue Reading