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Economy and Finance Current Affairs

New Industrial Policy by the Government

The Union Cabinet has decided to introduce a New  Industrial  Policy .It will likely to be introduced in October.The new policy will subsume the existing National Manufacturing Policy. 

CEL sold out in strategic sale

Government has sold out Central Electronics Limited in a 100% Strategic sale.Incorporated in 1974, CEL is under the administrative control of Ministry of Science and Technology.

Government approves Promugation of GST(compensation to states),2017.

The Union Government has approved the Promulgation of GST(compensation to states),2017.The approval is to increase the compennsationn to 25% from 15%.

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