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Economy Archives - The 3 Monkey
Budget 2021: Industry experts seek additional funds, incentives for agriculture sector

Budget 2021: Industry experts seek additional funds, incentives for agriculture sector

By Administrator_India Capital Sands The government should provide additional funds as well as incentives in the upcoming Budget to promote indigenous farm research, oilseeds production, food processing and organic farming for the overall growth of the agriculture sector, according to industry experts. The direct benefit transfer (DBT) scheme should be utilised more to support farmers […]

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Nitin Gadkari to inaugurate, lay foundation stones for Rs 8,341 crore highway projects in Rajasthan

Nitin Gadkari to inaugurate, lay foundation stones for Rs 8,341 crore highway projects in Rajasthan

By Administrator_India Capital Sands Union Minister Nitin Gadkari will on Thursday inaugurate and lay foundation stones for highway projects worth Rs 8,341 crore in Rajasthan, an official statement said. These projects are for a total length of 1,127 kms. “Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari will inaugurate and lay foundation stone […]

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Cabinet approves Rs 22,810 cr EPF subsidy scheme for job creation

Cabinet approves Rs 22,810 cr EPF subsidy scheme for job creation

By Administrator_India Capital Sands The Cabinet on Wednesday approved a proposal to provide employees’ provident fund (EPF) contribution to those hiring additional workforce for two years. This would cost the government Rs 1,584 crore in the current financial year and Rs 22,810 crore during the entire period, from 2020 to 2023. The proposal, Atmanirbhar Bharat Rojgar Yojana […]

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Big guns may get banking licences

Big guns may get banking licences

By Administrator_India Capital Sands A Reserve Bank of India (RBI) panel on Friday recommended giving banking licences to large industrial houses, potentially allowing the Aditya Birla group, the Tata group and Reliance Industries Ltd to apply for banking licences. The panel has also suggested that large non-bank lenders with asset sizes of more than ₹50,000 crore, including those […]

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FM tells banks to frame loan recast scheme for all viable units by Sept 15

FM tells banks to frame loan recast scheme for all viable units by Sept 15

By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman on Thursday told banks to put in place by September 15 loan restructuring schemes to rescue all viable business units affected by the Covid-19 pandemic. She was holding a review meeting with heads of scheduled commercial banks and non-banking financial companies through videoconferencing. Top bank executives suggested key changes to the Reserve Bank of […]

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