Santosh Kumar Gangwar News

The retirement body has also extended the term of 5 fund managers and its consultant Crisil till March 31, 2019.

Asserting that workers are backbone of the economy, Gangwar said it is for the first time that minimum wages have been enhanced for all sectors, including agriculture and construction.

Denying that government ever talked about going 100 percent cashless, Union Minister Santosh Kumar Gangwar said that even if 15-20 percent success is achieved in going cashless, it will be a big achievement for the country.

Tata Motors and Kingfisher Airlines are among the four companies that owe over Rs 1,000 crore in indirect taxes to the exchequer, Parliament was informed on Friday.

 The government is not considering any proposal to extend the September 30 deadline for disclosing domestic black money under the Income Disclosure Scheme (IDS), a minister told Lok Sabha on Friday.

The government on Friday said it is not considering any proposal to extend the four-month deadline for disclosing domestic black money under the Income Disclosure Scheme (IDS), which ends on September 30.

Undisclosed income of Rs 43,829 crore, both from domestic and foreign sources, has been detected by government in the last two financial years, Parliament was informed.

RBI Governor is appointed by Prime Minister's Office (PMO) on recommendation of Finance Minister, Parliament was informed Tuesday.

Bad loans of the state-owned banks are likely to go up further to 10.1 percent by the end of the current fiscal, Minister of State for Finance Santosh Kumar Gangwar said while quoting an RBI report.

The government has lowered the estimates of cotton production for the 2014-15 season to 390 lakh bales from 400 lakh bales due to untimely rains and hail storm across the country.

To speed up revival of sick textile units, Lok Sabha Monday passed a bill to free the ailing National Textile Corporation, which has property worth Rs 25 lakh crore, from rent control laws.

The Union government would soon come out with a national textile policy, Minister of State for Textiles Santosh Kumar Gangwar said here on Sunday.

Textile exports are set to touch USD 50-billion mark in the current fiscal, Union Textiles Minister Santosh Kumar Gangwar said Monday.