GOVERNMENT
POLICY
Interest subvention on export credit: CCEA clears additional Rs 500 cr
New Delhi, Feb. 21 Providing export credit at lower rates to exporters would cost the exchequer about Rs 800 crore this fiscal. Under the interest subvention scheme, where the Government steps in by picking up a part of the interest ...
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FINANCIAL POLICY
Cabinet approves two financial inclusion funds
New Delhi, Feb. 21 To provide low-cost credit to low income groups and weaker sections under its financial inclusion programme, the Government today cleared setting up of two funds with a corpus of Rs 500 crore each. The Cabinet on Thursday ...
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HUMAN RESOURCES
Govt to clear wage dues of 12 PSUs staff
New Delhi, Feb. 21 The Government has released wages and other allowances that are due to employees of 12 public sector firms, including Andrew Yule and HMT. The Cabinet Committee on Economic Affairs on Thursday approved the proposal ...
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SECURITY
DRDO set to launch initiative on precision guided munitions
Programme open to collaborations
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