Showing posts with label DIPAM. Show all posts
Showing posts with label DIPAM. Show all posts

Tuesday, March 01, 2016

Babus and Budget: Disinvestment department to be called DIPAM; Jaitely clips discretionary power of taxmen

Bureaucrats Behind the Budget
AFTER renaming the ministry of agriculture as the ministry of agriculture and farmers welfare — a politically correct name, the government on Monday announced the renaming of one more department, the department of disinvestment. The disinvestment department, which is one of five departments under the ministry of finance, will now be known as DIPAM— Department of Investment and Public Asset Management. Finance minster Arun Jaitley while presenting his 3rd Union Budget on Monday also empowered NITI Aayog to…