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Gujarat State Financial Corporation is a financial institution established by the State Government of Gujarat, India in 1961 under the State Financial Corporations Act, 1951. The corporation is under control of the Industries & Mines Department of the Government of Gujarat.
The main activity of the corporation was to sanction/disburse loans and advances to small and medium industrial units in Gujarat under various schemes.
In 2001, the corporation discontinued its main activity, viz., lending and advancing, and since then has been concentrating only on recovery and on its allied functions. The corporation discharges its functions/duties through a board of directors which consists of a chairman, a managing director, nominees of the state government and nominees of SIDBI. [1]
Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on:
Vadodara, also known as Baroda, is a major city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, 141 km (88 mi) from the state capital of Gandhinagar. The railway line and National Highway 8, which connect Delhi with Mumbai, pass through Vadodara. The city is named for its abundance of banyan (vad) trees. Vadodara is also locally referred to as the Sanskari Nagari and Kala Nagari of India.
The State Bank of Pakistan (SBP) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four provincial capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ownership of the Pakistan Security Printing Corporation. In spite of being the world's fifth-largest population, Pakistan is facing a precarious financial situation with a meagre reserve of less than $3.7 billion in the State Bank. This amount is only sufficient to cover a mere three weeks of imports. The country's industry has been severely impacted by import restrictions and a significant devaluation of the national currency. Consequently, public construction projects have come to a standstill, textile factories are operating partially, and domestic investment has notably decelerated. Pakistan's challenging economic landscape has led to a large portion of its population living in rural poverty. Over the years, the country has engaged in more than two dozen IMF deals, but many of these agreements were eventually broken, adding to the complexity of the situation.
The Presidential Communications Group, or simply the Communications Group, is the collective name for the offices within the Office of the President of the Philippines and refers to the position of the Secretary of Presidential Communications Office formerly known as Office of the Press Secretary and the Secretary of the Presidential Communications Operations Office (PCOO). The office of the presidential spokesperson was previously under the Communications Group.
The Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. The company is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the Government of India. It is the largest government-owned-oil and gas explorer and producer in the country and produces around 70 percent of India's domestic production of crude oil and around 84 percent of natural gas. In November 2010, the Government of India conferred the Maharatna status to ONGC.
Gujarat State Petroleum Corporation Ltd (GSPCL) is a state government owned group of oil and gas exploration, production and distribution companies based in Gujarat, India. It is India's only state government-owned oil and gas company under the ownership of Department of Energy and Petrochemicals, Government of Gujarat. GSPC was incorporated in 1979 as a petrochemical company.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
The Government of Gujarat, also known as GujaratGovernment, is the supreme governing authority of the Indian state of Gujarat and its 33 districts. It consists of an executive of the legislators appointed by the Governor of Gujarat, a judiciary and of a publicly elected legislative body.
Australian corporations law has historically borrowed heavily from UK company law. Its legal structure now consists of a single, national statute, the Corporations Act 2001. The statute is administered by a single national regulatory authority, the Australian Securities & Investments Commission (ASIC).
Municipal or local governance refers to the third tier of governance in India, at the level of the municipality or urban local body.
Gujarat State Electricity Corporation Limited (GSECL) is a wholly owned subsidiary of the Gujarat Urja Vikas Nigam (GUVN), which came into existence in August 1993 after the unbundling of the GEB. It is a power generation company working in the territory of Gujarat, India. It delivers electricity through four distribution companies – DGVCL, MGVCL, PGVCL and UGVCL.
The Ministry of Road Transport and Highways (MoRTH) is a ministry of the Government of India, that is the apex body for formulation and administration of the rules, regulations and laws relating to road transport, transport research and in also to increase the mobility and efficiency of the road transport system in India. Through its officers of Central Engineering Services (Roads) cadre it is responsible for the development of National Highways of the country. Road transport is a critical infrastructure for economic development of the country. It influences the pace, structure and pattern of development. In India, roads are used to transport over 60 percent of the total goods and 85 percent of the passenger traffic. Hence, development of this sector is of paramount importance for India and accounts for a significant part in the budget.
Gujarat is a state situated in the western part of India and shares its northwestern boundary with Pakistan. Rajasthan, Madhya Pradesh and Maharashtra are the neighboring states of Gujarat. Gandhinagar is the capital city of the state and Ahmedabad is its largest city and the main commercial hub of the region. Gujarat houses a wide variety of industries and is considered one among the best industrialized states of the nation. Gujarat is also home to some of the prestigious educational institutes of the nation.
The Gujarat Urja Vikas Nigam Limited (GUVNL) is a state electricity regulation board in the Indian state of Gujarat. It is wholly owned by the Government of Gujarat. It was set up in May 1999 and is registered under the Companies Act 2013. The company was incorporated under the Gujarat Electricity Board (GEB) as wholly-owned subsidiary. The company aims towards restructuring the power sector and improving efficiency of its management and distribution of various services to consumers. As a part of the power reform process, the Electricity Act, 2003, was passed by the Government of India and Gujarat Electricity Industry Act, 2003, was passed by the Government of Gujarat to organize and administer the electricity industry with an aim to improve efficiency in management and delivery of services to consumers.
Moosa Raza is the chairman of the South Indian Educational Trust (S.I.E.T.), which runs six educational institutions; he is also chairman of the executive committee of Coastal Energen Pvt. Ltd. Raza has written a widely read book, Of Nawabs and Nightingales.
Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and depository participant, based in Navi Mumbai, Maharashtra. SHCIL was established in 1986 as a public limited company and is a subsidiary of IFCI. It is also responsible for e-stamping system around India. It is also authorised by Reserve Bank of India as Agency Bank to distribute and receive Govt. of India savings/relief bond 2003 along with nationalized banks.
The Security Printing & Minting Corporation of India Ltd. (SPMCIL) is a company under the Department of Economic Affairs, which is a department under the Ministry of Finance. It is responsible for conducting printing and minting activities of the Government of India. It is under the ownership of the Ministry of Finance, Government of India. It was incorporated on 13 January 2006 with its registered office at New Delhi. It is engaged in the manufacture / production of currency and banknotes, security paper, non-judicial stamp papers, postage stamps and stationery, travel document viz., passport and visa, security certificates, cheques, bonds, warrants, special certificates with security features, security inks, circulation and commemorative coins, medallions, refining of gold, silver and assay of precious metals, etc.
Horticultural Producers' Cooperative Marketing and Processing Society, popularly known by its acronym, HOPCOMS, is a farmers' society founded in 1965 for the direct marketing of farm produces. The society is headquartered in Lalbagh, Bengaluru, in the south Indian state of Karnataka and its activities are spread in the districts of Bangalore Urban, Bangalore Rural, Kolar, Ramanagar, Mandya, Mysuru and Chikkaballapura.
Gujarat Anti-corruption Bureau is a government agency having oversight responsibilities with objectives of ensuring compliance with codes of duty and thereby to make government functions corruption-free. It was established on 30 September 1963 after the bifurcation of former Bombay State and creation of Gujarat state. The main purpose of Gujarat ACB is to eliminate corrupt practices from Gujarat Government.
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