Search For "economic affairs"
Govt, ADB ink USD 250m loan agreement
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): The Government of India and the Asian Development Bank (ADB) signed a USD 250 million loan agreement on Tuesday, a notification from the Ministry of Finance read.
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Centre reassesses borrowing requirements
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 17 (ANI): Secretary Economic Affairs (DEA), Subhash Chandra Garg, on Wednesday said the government reassessed its additional borrowing requirements and will bring down the same from Rs. 50,000 crore as notified earlier to Rs. 20,000 crore.
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IIP at 8.4% confirms sound manufacturing revival: Economic Affairs Secy.
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): Secretary of the Department of Economic Affairs (DEA), Subhash Chandra Garg, on Saturday said the Index of Industrial Production (IIP) growth of 8.4 percent that was reported for November confirms sound manufacturing revival.
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Cabinet backs CCEA's decision on closure of Tungabhadra Steel
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The Union Cabinet, chaired on Wednesday, approved the implementation of the Cabinet Committee on Economic Affairs' (CCEA) decision on the closure of Tungabhadra Steel Products Limited (TSPL) regarding disposal of its immovable assets.
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GDP growth confirms economy's turnaround: DEA secy
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI): Department of Economic Affairs Secretary Subhash Chandra Garg on Friday said the estimated GDP growth of 6.5 per cent for 2017-18 confirmed a 'strong turnaround of the economy'.
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FinMin clears two FDI proposals involving Rs. 532 crore investment
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): The Department of Economic Affairs (DEA) has approved two Foreign Direct Inevstment (FDI) proposals involving investment to the tune of Rs. 532 crore in December 2017.
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7.75 pct Savings Bonds Scheme to be in effect from Jan 10
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Thursday said that eight percent Savings Bonds Scheme will be replaced with 7.75 percent Savings Bonds Scheme, starting from January 10.
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Cabinet sanctions extension of Jute packing mandatory norms
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 3 (ANI): The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the mandatory packaging of foodgrains and sugar in the jute material for the Jute Year 2017-18.
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No likelihood of bail-in for over 98% depositors: DEA Secretary
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 3 (ANI): Following media reports on bail-in provisions under the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, Department of Economic Affairs Secretary Subhash Chandra Garg on Wednesday claimed that these provisions would not be applicable to around 98
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Not closing subscription for 8% GoI savings bond: Secy. DEA
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 2 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Tuesday clarified that the government of India is not closing subscription for the 8 percent Savings Bonds Scheme, instead, replacing it with 7.75 percent Savings Bonds Scheme.
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Govt. to borrow Rs 50,000 cr for current fiscal year
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 28 (ANI): The Government on Wednesday decided to make additional market borrowing of only 50,000 crore in the remaining period of the current fiscal year to meet expenditure, confirmed SC Garg, Secretary of Department of Economic Affairs (DEA).
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Cabinet approves capital investment subsidy for industrial units in North
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 15 (ANI): The Cabinet Committee on Economic Affairs (CCEA) today approved capital investment subsidy to four industrial units located in North Eastern Region (NER), including Sikkim under Central Capital Investment Subsidy Scheme (CCISS), 2007 of North East Industrial
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