Percentage of milk producers/farmers with bank accounts increase from 49.27% to 63.42% after demonetization

Consequent upon the Central Governments decisions of demonetization, certain unintended impacts have been observed especially in the sectors thriving upon sheer cash transactions. In this regard, non-availability of funds to the co-operative banks for making payments to Milk producers/farmers by dairy co-operative against the milk supplied by them came to the notice of the Government.




India and Austria Sign a Protocol amending the India-Austria Double Taxation Avoidance Convention

India and Austria signed a Protocol amending the existing Convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income here today. The Protocol was signed by Shri




Auction for Sale (Re-issue) of Government Stock

Government of India have announced the Sale (re-issue) of (i) “6.84 per cent Government Stock 2022” for a notified amount of Rs. 2000 crore (nominal) through price based auction, (ii) “6.97 per cent Government Stock 2026” for a notified amount of Rs. 5,000 crore (nominal) through price based auction




PM condoles the loss of lives in Afghanistan due to avalanches

PM condoles the loss of lives in Afghanistan due to avalanches




Steel Production

There has not been any decline in the production and consumption of steel in the country during the last 3 years, as shown in the table below: