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Minister for finance News

Reforms will be undertaken in UGC: Jaitley

ANI | Feb 1, 2017, 3:15 PM IST

Union Minister for Finance and Corporate Affairs Arun Jaitley, while presenting the General Budget 2017-18 in Parliament, on Wednesday said that in higher education, the Centre will undertake reforms in the UGC.

Govt. to launch SWAYAM platform with 350 online courses

ANI | Feb 1, 2017, 3:15 PM IST

Union Minister for Finance and Corporate Affairs, Arun Jaitley, while presenting the General Budget 2017-18 in Parliament, on Wednesday said that the government proposes to leverage information technology and launch 'SWAYAM' platform with at least 350 online courses.

Banks to issue Electoral Bonds to enable donations to political parties

ANI | Feb 1, 2017, 3:15 PM IST

In a significant step to cleanse the system of funding of political parties, the Union Minister for Finance and Corporate Affairs Arun Jaitely announced on Wednesday that donations to political parties can soon be made by purchasing electoral bonds from authorized banks. The Finance Minister said that the Government will soon frame a Scheme in this regard and an amendment is being proposed to the Reserve Bank of India Act to enable the issuance of electoral bonds. He said that a donor could purchase bonds from authorised banks against cheque and digital payments only.

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