Tag Archives: Centre

The Centre has approved ₹944.80 crore as part of the central share from the State Disaster Response Fund (SDRF) for Tamil Nadu, following the destruction caused by Cyclone Fengal, which hit the region on November 30. The Ministry of Home Affairs (MHA) confirmed the release of the funds in two instalments to assist the state government in its relief efforts for the people affected by the cyclone.

Volkswagen India is under investigation for allegedly evading taxes worth $1.4 billion (₹11,842 crore), as the Centre issued a show-cause notice for the alleged misclassification of imports to avoid higher import duties. According to a report by Reuters, the notice was issued on Friday, alleging that Volkswagen's India unit, Skoda Auto Volkswagen India, had been mis-declaring and mis-classifying parts of its cars, including luxury models like Audi A4, Q5, Skoda Superb, and Tiguan SUV, to evade tax payments.

The Central Government has released ₹5,858.60 crore to 14 states impacted by severe flooding, heavy rainfall, and landslides during this year’s southwest monsoon season. The funds are sourced from the State Disaster Response Fund (SDRF) and include an advance from the National Disaster Response Fund (NDRF), as announced by the Ministry of Home Affairs (MHA) on Tuesday.

The Narendra Modi government has approved a landmark infrastructure initiative, sanctioning eight major National High-Speed Road Corridor Projects at a total cost of ₹50,655 crore. Announced on Friday, these projects collectively span 936 kilometers and aim to bolster logistics efficiency, mitigate congestion, and enhance connectivity across India.

The Centre has commenced the auction of telecom spectrum valued at ₹96,238.45 crore, signaling a significant step in bolstering telecommunications infrastructure in India. The auction, which began on Tuesday, involves a total quantum of 10,522.35 MHz across various bands.

As Delhi's average air quality index (AQI) breached the 400-mark on Wednesday, the Central Pollution Control Board (CPCB) sounded alarms, prompting the Centre to deliberate on invoking Stage 3 of the Graded Response Action Plan (GRAP) to curb the escalating pollution levels in the national capital.