Government to upgrade ITIs for AI training under hub-and-spoke model: FM Sitharaman

Government to upgrade ITIs for AI training under hub-and-spoke model: FM Sitharaman

The Union government plans to transform Industrial Training Institutes (ITIs) across the country into Artificial Intelligence (AI)-driven training centres, Finance Minister Nirmala Sitharaman said on Thursday. Addressing the Indian Foundation for Quality Management’s (IFQM) second annual symposium in the national capital, Sitharaman said that the government has been focussed on skilling and upskilling for the…

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FADA urges FM to resolve compensation cess credit issue under new GST regime ahead of festive season

FADA urges FM to resolve compensation cess credit issue under new GST regime ahead of festive season

In a letter to Finance Minister Nirmala Sitharaman, the Federation of Automobile Dealers Associations (FADA) requested prompt clarification and assistance on the transitional treatment of accumulated compensation Cess credit under the new GST 2.0 regime. In the detailed letter to the FM, FADA expressed gratitude for the government’s recent measures that streamlined the GST framework,…

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