Thursday, 12 February 2015

Top economic news of the day - February 12, 2015

National Bank for Agriculture and Rural Development (NABARD) announced Rs 1.1tn credit plan for agriculture in Rajasthan for fiscal 2015-16, encompassing all 33 districts in the state.

Uttarakhand Cabinet has decided to regularise land under the category IV, provide a subsidy of Rs232m to clear the dues of private sugar mills and bring a Bill in the Assembly for providing 10% horizontal reservation to the statehood activists.

National Bank for Agriculture and Rural Development (NABARD) announced Rs 1.1tn credit plan for agriculture in Rajasthan for fiscal 2015-16, encompassing all 33 districts in the state. 
 
The Finance Ministry has imposed definitive anti-dumping duty on sodium nitrate imports from China, EU, Ukraine and South Korea. This anti-dumping duty will be valid for a period of five years. 
 
The Cabinet approved increasing the National Minorities Development & Finance Corporation (NMDFC)’s authorised capital from Rs15bn to Rs30bn and restructuring of its shareholding pattern. 

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