Ministry of Finance The Department of Expenditure, Ministry of Finance has released an amount of Rs.12,351.5 crore to 18 States for providing grants to the Rural Local Bodies (RLBs). This amount is the 2nd instalment of basic grants released in the financial year 2020-21. The grant has been released to 18 States who have provided the…...
Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoI Floating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a notified amount of Rs 6,000 crore (nominal) through price based auction, (ii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs 2,000 crore (nominal) through price based auction, (iii) ‘6.22% Government Security, 2035’ for a notified…...
Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoI Floating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a notified amount of Rs 6,000 crore (nominal) through price based auction, (ii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs 2,000 crore (nominal) through price based auction, (iii) ‘6.22% Government Security, 2035’ for a notified…...
Sovereign Gold Bond Scheme 2020-21 (Series X) – Issue Price
Ministry of Finance In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series X) will be opened for the period January 11-15, 2021 with Settlement date January 19, 2021. The issue price of the Bond during the subscription period shall be Rs5,104 (Rupees Five thousand one hundred four…...
Auction for Sale (Re-issue) of ‘3.96% GS 2022’, ‘5.15% GS 2025’, ‘5.85% GS 2030’ and ‘6.80% GS 2060’
Ministry of Finance Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘3.96% Government Security, 2022’ for a notified amount of Rs2,000 crore (nominal) through pricebased auction, (ii) ‘5.15% Government Security, 2025’ for a notified amount ofRs11,000 crore (nominal) through pricebased auction, (iii)‘5.85% Government Security, 2030’ for a notified amount of Rs8,000 crore (nominal) throughpricebased auction,and(iv) ‘6.80%Government Security, 2060’ for a…...
Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme implemented
Ministry of Finance In continuation of press release, dated the 31st December, 2020, regarding implementation of Remission of Duties and Taxes on Exported Products (RoDTEP) from the 1st January, 2021, it is further stated that the following shall be notified/made public shortly: The details of export goods (tariff lines) eligible for RoDTEP scheme The applicable RoDTEP rate,…...
Electoral Bearer Bond Scheme 2018 – Issuance by Authorised Branches of State Bank of India (SBI) during January 01-10, 2021
Ministry of Finance The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or…...
Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoIFloating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.48% Government Security, 2023’ for a notified amount of Rs6,000 crore (nominal) through pricebased auction, (ii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs2,000 crore (nominal) through price based auction, (iii) ‘6.22% Government Security, 2035’ for a notified amount of Rs9,000 crore (nominal) through price based auction,…...
Sovereign Gold Bond Scheme 2020-21 (Series IX) – Issue Price
Ministry of Finance In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series IX) will be opened for the period December 28, 2020 - January 01, 2021 with Settlement date January 05, 2021. The issue price of the Bond during the subscription period shall be Rs 5,000 (Rupees…...
Reform linked borrowing permissions are facilitating Ease of Doing Business reforms
Ministry of Finance Linking the grant of additional borrowing permissions by the Government of India to the States to reforms in various citizen centric sectors has motivated the States to undertake reforms to promote Ease of Doing Business. 5 States have so far completed the stipulated reforms in the Ease of Doing Business. These States have been…...