A bill seeking to introduce the system of auction of mines to enhance transparency and augment mineral production was passed in Lok Sabha, with the government terming it a "revolutionary" step.
The government support to the highways sector is the highest in recent times. While the total budgetary support for 2014-15 was Rs288.81bn, it has jumped by 50% in 2015-16 to Rs429.12bn. However, the fine print tells a better story - a 109% jump earmarked for capital expenses.
A bill seeking to introduce the system of auction of mines to enhance transparency and augment mineral production was passed in Lok Sabha, with the government terming it a "revolutionary" step.
Finance Minister has said that Indian economy needs to grow at 9-10% and sustain that growth rate over the next decade and beyond to provide better infrastructure and bring down poverty rates.
After government applying efficiency norm to infuse equity in public sector banks, now Reserve Bank of India has advised PSBs that feel capital constraints to restructure business to have assets which need less capital.
The government support to the highways sector is the highest in recent times. While the total budgetary support for 2014-15 was Rs288.81bn, it has jumped by 50% in 2015-16 to Rs429.12bn. However, the fine print tells a better story - a 109% jump earmarked for capital expenses.
A bill seeking to introduce the system of auction of mines to enhance transparency and augment mineral production was passed in Lok Sabha, with the government terming it a "revolutionary" step.
Finance Minister has said that Indian economy needs to grow at 9-10% and sustain that growth rate over the next decade and beyond to provide better infrastructure and bring down poverty rates.
After government applying efficiency norm to infuse equity in public sector banks, now Reserve Bank of India has advised PSBs that feel capital constraints to restructure business to have assets which need less capital.
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