Economic Affairs Secretary

Government indicates printing of Rs 2000 note stopped for now; sufficient currency in circulation

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

Jan 04, 2019, 14:02 PM IST

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.

Feb 04, 2018, 14:28 PM IST

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.

Feb 05, 2017, 15:41 PM IST

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.

Jan 23, 2017, 22:35 PM IST

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.

Jan 15, 2017, 20:38 PM IST

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.

Dec 15, 2016, 08:47 AM IST

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.

Dec 02, 2016, 10:01 AM IST

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.

Nov 28, 2016, 19:06 PM IST

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.

Nov 14, 2016, 11:53 AM IST

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

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Nov 03, 2016, 00:23 AM IST

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.

Sep 26, 2016, 21:33 PM IST

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.

Sep 18, 2016, 11:40 AM IST

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.

Jun 26, 2016, 17:39 PM IST

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.

Jun 23, 2016, 22:06 PM IST

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.

Jun 12, 2016, 14:55 PM IST

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.

May 20, 2016, 12:32 PM IST

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.

May 17, 2016, 11:27 AM IST

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

Apr 09, 2016, 18:56 PM IST

'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.

Feb 22, 2016, 15:00 PM IST

FIPB clears 3 FDI proposals worth Rs 160 crore

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

Nov 27, 2015, 19:22 PM IST