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Economic Affairs Secretary News

04 Jan 2019

Govt indicates printing of Rs 2000 note stopped for now

In a tweet, Economic Affairs Secretary Subhash Chandra Garg said printing of notes is planned as per the projected requirement.

04 Feb 2018

Government confident of meeting fiscal deficit target: Economic Affairs Secretary

The Finance Ministry is confident of meeting next year's fiscal deficit target of 3.3 per cent, citing lesser uncertainties ahead.

global rating agencies

05 Feb 2017

Rating agencies several notches behind India's reality: Shaktikanta Das

Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.

Shaktikanta Das

23 Jan 2017

Government extends DEA Secretary Shaktikanta Das' term by 3 months

Das, 59, took over charge as Economic Affairs Secretary in Ministry of Finance on August 29, 2015 with his term coming to an end on March 31, 2017.

15 Jan 2017

Desist from being flippant about Indian symbols, icons: Shaktikanta Das to Amazon

Cautioning international e-commerce major from showing indifference towards India symbols and icons, economic affairs secretary Shaktikanta Das on Sunday asked Amazon to desist from being flippant about Indian symbols and icons. He also warned the company that this indifference will be at its own peril.

15 Dec 2016

Exemptions on use of old Rs 500 notes to end from midnight today

Exemptions on use of old Rs 500 currency notes will end December 15 midnight. The Centre will not extend the deadline for activities such as paying utility bills, school fees and fees in Central or State Government colleges.

Shaktikanta Das

03 Dec 2016

Note ban: Those indulging in unlawful activities related to black money will not be spared, says govt

Those found guilty of indulging or aiding in money laundering activities or evading tax will not be spared, said the Economic Affairs Secretary Shaktikanta Das on Friday.

28 Nov 2016

Govt considering proposal to raise MSS ceiling beyond existing Rs 30,000 crore to suck extra liquidity : Shashikant Das

Government is considering a proposal to raise Market Stabilisation Scheme (MSS) ceiling beyond the existing Rs 30,000 crore to mop up extra liquidity from the system in view of demonetisation.

Shaktikanta Das

14 Nov 2016

Government in fire-fighting mode to bolster ATM network, dispense cash in rural pockets: Shaktikanta Das

The Economic Affairs Secretary Shaktikanta Das, in a press briefing on Monday, listed out the list of emergency measures that government has taken on a fire-fighting mode to disburse cash to common public in every nook and corner of the country.

Economic Affairs Secretary

02 Nov 2016

Govt hits back at rating agencies, says will continue with reforms

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

26 Sep 2016

FIPB defers decision on Idea Cellular, clears Rs 2,300

Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said.

foreign investment proposals

18 Sep 2016

FIPB to take up 15 foreign investment proposals on Sep 26

FIPB will decide on 15 foreign investment proposals, including that of Idea Cellular Infrastructure Services and Sharekhan, on September 26.

Economic Affairs Secretary

26 Jun 2016

Monetary committee rules to be notified in few weeks: Economic Affairs Secretary

Moving ahead with the operationalisation of the interest rate setting monetary policy committee, the Finance Ministry has said it will notify the rules "within few weeks" and thereafter appoint three government nominees.

Subramanian Swamy

23 Jun 2016

Subramanian Swamy at it again! Attacks Economic Affairs Secy Shaktikanta Das; Arun Jaitley calls it unfair

Firing a fresh salvo, Swamy targeted Economic Affairs Secretary Shaktikanta Das while making light of FM Jaitley's support for the official, saying that he can directly speak to the prime minister on the issues raised by him.

Exemption from service tax

12 Jun 2016

Sebi seeks service tax exemption with retrospective effect

After securing exemption from service tax this fiscal onwards, capital markets regulator Sebi has asked the government to exempt it from this liability with retrospective effect from July, 2012.

Reserve Bank of India

20 May 2016

Newly designed Indian currency notes likely soon

Newly designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board on Thursday recommending a new set of designs for the banknotes.

trading of the Sovereign Gold Bond

17 May 2016

Trading in gold bonds to begin by month-end: Finance Ministry

Government on Monday said that trading of the Sovereign Gold Bond (SGB) will begin by month-end and the fourth tranche of the scheme will be launched thereafter.

Economic Affairs Secretary

09 Apr 2016

98% FDI coming via automatic route: DEA Secretary

Finance Ministry today said 98 percent of foreign direct investment is coming into India through the automatic route and as a "positive sign" the number of applications being routed via the FIPB approval route has started declining

India GDP growth

22 Feb 2016

'7.6% growth for India in 2015-16 very, very significant'

Terming the projected 7.6 percent growth for the current fiscal as "very, very significant", Economic Affairs Secretary Shaktikanta Das today expressed the government's commitment to work towards boosting economic growth.

Foreign Investment Promotion Board

27 Nov 2015

FIPB clears 3 FDI proposals worth Rs 160 crore

The foreign investment promotion board today cleared three FDI proposals worth Rs 160 crore.

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