Central Government
RBI comes up with scheme for retail investment into govt securities
The scheme, to help retail investors or individuals open and maintain the 'Retail Direct Gilt Account' (RDG Account) with the central bank, will be commenced in a later date, said an RBI statement. RDG Account can be opened through an online portal provided for the purpose of the scheme. The portal will also give the registered users facilities to access to primary issuance of Government securities and access to NDS-OM.
Cabinet announces Rs 23K cr package to fight Covid
Addressing a press conference here, newly-appointed Union Health Minister Mansukh Mandaviya said: "Rs 23,000 crore package to be given to deal with the problems that occurred in the second wave of Covid-19. The package will be used jointly by the Central and state governments." He said the Centre will share Rs 15,000 crore while the state governments will share Rs 8,000 crore of the said package.
Cabinet okays PPP mode of BharatNet implementation in 16 states
An official statement said that BharatNet will now extend up to all inhabited villages beyond Gram Panchayats (GPs) in these states -- Kerala, Karnataka, Rajasthan, Himachal Pradesh, Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, West Bengal, Assam, Meghalaya, Manipur, Mizoram, Tripura, Nagaland, and Arunachal Pradesh. An estimated 3.61 lakh villages including GPs will be covered.
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