Daily Archives: October 1, 2018

Infrastructure Leasing & Financial Services Limited (IL&FS)

Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian infrastructure development and finance company. IL&FS, incorporated in 1987, is a large Systemically Important Non-Deposit Accepting Core Investment Company (CIC-ND-SI). It has numerous infrastructure assets and has played a major role in infrastructure development and financing in the country. It has 169 group companies, as in 2017-2018, including subsidiaries, joint venture companies and associate entities. A series of defaults by IL&FS Group companies in August and September, 2018 on term-deposits, short-term deposits, inter-corporate deposits, commercial paper Continue reading →

SATAT Initiative

An initiative launched by Ministry of Petroleum and Natural Gas and Ministry of Skill Development and Entrepreneurship, under which PSU Oil Marketing Companies (OMCs) invite Expression of Interest (EoI) from potential entrepreneurs to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels. Gas is clean and cheaper mode of fuel and the Government has taken several steps to promote its production and usage. Government is keen to set up 5000 CBG plants in next 5 years, and for Continue reading →

People’s Plan Campaign

The People’s Plan Campaign will be  rolled out as ‘Sabki Yojna Sabka Vikas’from 2nd October to 31stDecember 2018. During the campaign ,structured Gram Sabha meetings will be held for preparing Gram Panchayat Development Plan for the next financial year 2019-2020. The campaign is being undertaken on a large scale, given the number of Gram Panchayats in the country. Special efforts have been made to ensure maximum participation of vulnerable sections of society like SC/ST/Women etc. The Gram Panchayat Development Plan aims to strengthen the role of Continue reading →