Monday, 9 March 2015

Top economic news of the day - March 09, 2015

The government has received investment proposals worth over Rs.253.5bn for electronics manufacturing in the country under the two schemes launched to boost domestic production of such goods. 

With government taking steps to improve the ease of doing business and attracting foreign investments, FDI inflows into the services sector grew by 44% to $2.29bn in the April-December period of the current fiscal. 
 
The government has received investment proposals worth over Rs.253.5bn for electronics manufacturing in the country under the two schemes launched to boost domestic production of such goods. 
 
Railway Minister has finally given green signal to the two much awaited big-ticket FDI proposals for setting up diesel and electric locomotive plants in Bihar at a cost of Rs.2400bn. 
 
The government is planning to form a committee to tackle issues related to exporters as well as boosting outward shipments.

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