Cabinet approves 4% DA hike for central government employees

Cabinet has approved a 4% increase in dearness allowance (DA) for central government employees. The DA hike is effective July 1, 2023, and will benefit over 48 lakh central government employees and 68 lakh pensioners. The DA hike is expected to cost the government Rs. 34,668 crore per year and Rs. 17,334 crore in the … Read more

Government of India announces Minimum Support Prices (MSP) for different crops

Minimum Support Prices

Government of India announces Minimum Support Prices (MSP) for 22 major agricultural commodities of Fair Average Quality (FAQ) each year in both the Crop seasons after taking into account the recommendations of the Commission for Agricultural Costs and Prices (CACP). In addition, MSP for toria and de-husked coconut is also fixed on the basis of … Read more

Effective Allocation by Government of India of COVID -19 supplies received from the Global Community for Fight against the Global Pandemic

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The Government of India is leading the fight against the COVID19 pandemic in collaboration with the States and UT through a “Whole of Government” approach. There has been an unprecedented surge in the number of COVID19 cases across the country. The health infrastructure of several States and UTs has been overwhelmed by the very high … Read more

Government of India strengthens cargo handling capacity of Chabahar Port, Iran

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India has supplied a consignment of two Mobile Harbour Cranes (MHC) to Iran’s Chabahar port, with a total contract value of over USD 25 Million under a contract agreement for supply of 6 MHC. The consignment of cranes arrived from Marghera port, Italy has been unloaded successfully on 18th January, 2021 at Chabahar port and presently undergoing trials run. … Read more

VE Commercial Vehicles appoints MSTC as selling agent

MSTC surges on emerging as L1 bidder for Coal India’s NRS linkage auction contract

VE Commercial Vehicles has appointed MSTC as selling agent for disposal of all movable/immovable items and all surplus, condemned/scrap/obsolete materials and secondary arising (ferrous and non – ferrous) as well as equipment, plants, machineries, properties and misc. Articles etc. through MSTC’s Auction Website. The Agreement will remain valid till either party terminates the agreement by … Read more

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