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Department of Economic affairs

India Have Enough Forex Reserves, Says Secretary Of Department Of Economic Affairs
Tue, Sep 27, 2022
Due to the strength of the dollar, there has been pressure in the currency of the world. India have enough Forex reserves, says Secretary of Department of Economic Affairs. Watch this video for more details.
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Govt to borrow Rs 4.88 lakh cr in first half of FY21: DEA Secretary Atanu Chakraborty
Tue, Mar 31, 2020
Government will borrow Rs 4.88 lakh crore in the first half of fiscal 2020-21 starting April 1 to shore up resources amid a war it is wagging to contain economic fallout of coronavirus pandemic, DEA Secretary Atanu Chakraborty said on Tuesday
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Downward revision of current fiscal growth does not indicate economic slowdown: Garg
Fri, Mar 01, 2019
"GDP estimates for 2018-19 released today needs to be viewed in correct perspective. Downward revision to 7 per cent from 7.2 per cent in 1st Adv Est is against revision of GDP of 2017-18 from 6.7 per cent to 7.2 per cent.'' said Economic Affairs Secretary Subhash Chandra Garg.
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FinMin giving final touches to recap bonds, FM nod likely soon
Wed, Nov 29, 2017
The Department of Financial Services, in consultation with the Reserve Bank of India, has submitted proposals to the Department of Economic Affairs, which is working on the final structure, a government official said, adding that the final structure will be known in the next few days after approval from the finance minister.
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Demonetisation: Govt reduces withdrawal limit, eases rules for farmers
Thu, Nov 17, 2016
Department of Economic Affairs (DEA)'s Secretary, Shaktikanta Das on Thursday announced new rules pertaining to the demonetisation move by the government. The rules include the following: 1. Exchange of old currencies have been reduced to Rs 2000 from Rs 4500 from November 18.
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India's external debt rises by 2.2% to $ 485.6 billion
Mon, Sep 19, 2016
“India’s external debt has remained within manageable limits in 2015-16 as indicated by the increase in foreign exchange reserves to debt ratio to 74.2%, the external debt-GDP ratio of 23.7%, and fall in short term debt to 17.2%, said Department of Economics.
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