Sunday, December 13, 2015

Divestment, Exports, Infrastructure get Government push

Major Cabinet Decisions
·         Cabinet okays 10% stake sale in Coal India, eyes Rs 20,000 crore
·         3% interest subvention scheme to be applicable from April 1, 2015, to boost exports
·         Faster clearances for road projects, as ministry empowered to clear projects worth up to Rs 1,000 cr excluding land.

·         Sugar Industry: CCEA okays production subsidy of Rs 4.5 a quintal of cane crushed for sugar directly to growers

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