GOVERNMENT
POLICY
Banks may have to bear part of crop insurance premium
Banks and financial institutions lending to farmers may have to bear a portion of the premium on crop insurance, if the Government accepts the recommendations of a working group. A working group on risk management in agriculture has suggested ...
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Co-developer status to SEZ cos granted
Also clears the pleas from notified SEZs for authorised operations
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Excise duty facilities withdrawn for three cos
The Finance Ministry has withdrawn two important facilities - of monthly payment of excise duty as well as Cenvat credit utilisation - for three companies following alleged excise duty evasion by them. Action has been initiated against ...
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POLITICS
Private cos to be asked to furnish backward class headcount details
Employees in the position of peon, clerical and assistant grade
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