German automobile giant BMW has agreed to set up an auto parts manufacturing unit in Punjab. BMW has agreed to set up an auto parts manufacturing unit in Punjab. During the ongoing visit, Mann showcased his government's exemplary work to promote the industry in the state after which BMW agreed to set up its auto component unit in Punjab, the …
The government has accepted the Fifteenth Finance Commission’s recommendation to maintain the States’ share in the divisible pool of taxes to 41% for the five-year period starting 2021-22, and given an ‘in-principle’ nod to the panel’s suggestion to set up a separate non-lapsable fund for defence and internal security modernisation. The Commission’s report, which was submitted to the President in …