Secretary of State for Economic Affairs

CRISIL AAA Credit Rating to India Infradebt Limited

Infrastructure Debt Funds (IDFS) to Play a key role in the Financing of the Overall Requirements of Infrastructure Funding , says Arvind Mayaram, Secretary, DEA; CRISIL AAA Credit Rating to India Infradebt Limited An IDF-NBFC Shri Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance said that Infrastructure Debt Funds (IDFs) are going to… Read More

Tags: Chanda KochharCRISILFinance MinistryIDFIndiaIsrael Defense ForcesKuwait Investment AuthoritySecretary of State for Economic Affairs

India and World Bank Sign Us$ 216 Million Agreement for Kerala State Transport Project

The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today. The Loan Agreement was signed by Shri Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of Government of… Read More

Tags: Government of IndiaIndiaInternational Bank for Reconstruction and DevelopmentKeralaNew DelhiRoad traffic safetySecretary of State for Economic AffairsWorld Bank

CCEA Approves changes in Delegation of powers for approval and appraisal of National Highways projects

The Cabinet Committee on Economic Affairs (CCEA) approved the proposal for a change in the delegation of powers for appraisal and approval of National Highways projects. This will simplify the appraisal and approval of the National Highway projects. At present, projects of Rs.500 crore or above require investment approval of the CCEA but projects below Rs.… Read More

Tags: CCEACouncil for the Curriculum Examinations & AssessmentMinister (government)Ministry of Road Transport & HighwaysNational HighwayPlanning CommissionPublic–private partnershipSecretary of State for Economic Affairs

MoF organising workshop on Facilitating Small Businesses

Ministry of Finance in association with Ministry of Micro, Small and Medium Enterprises (MSME) and World Bank will organise a one-day workshop titled Facilitating Small Businesses here on Monday, 10th June, 2013. The Workshop would be attended among others Dr Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance, Shri Madhav Lal, Secretary, Department… Read More

Tags: BusinessFinance MinistryPrivate sectorRaghuram RajanSecretary of State for Economic AffairsSouth AsiaWorkshopWorld Bank

CLR Snippets | Proper Enforcement of Regulatory Framework for Multi-Level Marketing Companies

The Government has constituted a High-Level Inter-Ministerial Group (IMG) for proper enforcement of regulatory framework for Multi-Level Marketing Companies, Non-Banking Finance Companies and Companies running Collective Investment Schemes, under the Chairmanship of Additional Secretary, Department of Financial Services, Ministry of Finance. The Group consists of Joint Secretary level officers from the Department of Economic Affairs,… Read More

Tags: Collective investment schemeFinancial servicesGovernmentIMGMulti-level marketingReserve Bank of IndiaSecretary of State for Economic AffairsSecurities and Exchange Board of India

Empowered Committee Approves PPP Project for Viability Gap Funding

The Empowered Committee at its Seventeenth Meeting on May 6, 2013, chaired by the Secretary, Department of Economic Affairs, Ministry of Finance, Government of India accorded final approval for viability gap funding of Rs. 1458 crore (12.35 percent of Total Project Cost of Rs. 11,814 crore) under the Viability Gap Funding (VFG) Scheme to the project from Government of Andhra… Read More

Tags: Andhra PradeshFinance MinistryGovernment of Andhra PradeshHyderabad MetroHyderabad Metro RailIndiaPublic–private partnershipSecretary of State for Economic Affairs

SPMCIL Signs a Growth Oriented MoU with the Government for the Financial Year 2013-14

SPMCIL has signed a growth oriented Memorandum of Understanding (MoU) with the Department of Economic Affairs (DEA), Ministry of Finance, setting an ambitious Sales target of Rs. 3407 crores and Gross Operating Margin target of Rs. 511 crores for the fiscal 2013-14. The MoU was exchanged between Additional Secretary, Department of Economic Affairs, Ministry of… Read More

Tags: BanknoteDepartment of Public EnterprisesIndiaMemorandum of understandingministry of financeResearch & DevelopmentSecretary of State for Economic AffairsSPMCIL

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