Category: POLICY

Arun Jaitley asks PSU banks to take effective action against frauds, wilful defaults

NEW DELHI: India’s Finance Minister Arun Jaitley on Tuesday asked public sector banks to take “effective action” in cases of fraud and wilful loan defaults. Reviewing the performance of state-owned lenders, he exuded confidence that formalisation of the economy would help India achieve sustainable growth of 8 per cent. “FM, Shri @arunjaitley exhorted the banks […]

Nitin Gadkari inaugurates Jowai- Ratacherra road in Meghalaya

NEW DELHI: India’s Road Transport and Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari inaugurated the Rehabilitation and Up-gradation of existing road to 2-lane with paved shoulders configuration in Jowai-Ratacherra (Meghalaya Assam border) section of the National Highway- 06 today at Shillong and dedicated the road project to the nation. The […]

Narendra Modi inaugurates Pakyong Airport, as air connectivity reaches Sikkim

NEW DELHI: The Prime Minister of India Narendra Modi has inaugurated the Pakyong Airport in Sikkim. This is the first airport in the Himalayan State, and the 100th airport in the country. Addressing a large public gathering on the occasion, the Prime Minister described the day as a historic one for Sikkim, and an important […]

Narendra Modi to inaugurate Sikkim’s first airport tomorrow

GANGTOK: Prime Minister of India Narendra Modi Sunday said he would inaugurate the first airport in Sikkim at Paykong on Monday and that it will improve connectivity, benefitting the people of the state. The prime minister will leave for the Himalayan state after launching the Centre’s flagship Ayushman Bharat-National Health Protection Mission (AB-NHPM) from Jharkhand […]

Narendra Modi government has devoted significant efforts to enhance connectivity

NEW DELHI: Prime Minister of India Narendra Modi on Saturday said the Centre has devoted significant efforts to enhance connectivity all over the country. “Connectivity is at the core of all round development. Our government has devoted significant efforts to enhance connectivity all over the nation,” the Prime Minister said after inaugurating the Jharsuguda airport. […]

Narendra Modi lays foundation stone for Rs 13,000 crore Talcher fertiliser project

TALCHER: Prime Minister of India Narendra Modi on Saturday said the Rs 13,000 crore-project to revive the Talcher fertiliser plant will for the first time see coal being converted into gas for use as feedstock and for producing neem-coated urea. The project, which will start production in 36 months, will help cut import of natural gas […]

Nitin Gadkari to inaugurate Jowai-Ratacherra Section of NH-06

NEW DELHI: India’s Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari will be on a two day official visit to Shillong on the 24th and 25th of this month to do an extensive review of every National Highways project in the seven North Eastern states with all stakeholders. […]

Sarbananda Sonowal calls for development of all 33 Assam districts

GUWAHATI: Assam Chief Minister Sarbananda Sonowal on Thursday called for development of all the 33 districts as per the resources available in each of them to achieve holistic development of the state. Chairing a meeting of the State Innovation and Transformation Aayog (SITA) here, Sonowal said after demonetization there was an increased need for bank […]

Narendra Modi to inaugurate fertiliser plant, airport in Odisha

BHUBANESWAR: Prime Minister of India Narendra Modi is slated to launch a slew of projects including a fertiliser plant at Talcher and inauguration of Jharsuguda Airport in Odisha on Saturday, officials said on Thursday. During his one-day visit to the state, Modi will also dedicate to the nation mines of the NTPC and the Mahanadi Coalfields […]

Microfinance institutions should expand presence in North India

NEW DELHI: Reserve Bank of India (RBI) Deputy Governor N S Vishwanathan said on Thursday that there is much scope for increasing credit penetration in Northern part of the country and microfinance institutions (MFIs) should expand their presence there. Vishwanathan further said that MFIs need to become more efficient and invest more money in technology […]

Madhya Pradesh High Court orders removal of Narendra Modi, Shivraj Singh’s photos

GWALIOR:The Gwalior bench of the Madhya Pradesh High Court on Wednesday ordered the removal of pictures of Prime Minister Narendra Modi and Madhya Pradesh Chief Minister Shivraj Singh Chouhan from the tiles laid in houses built under the Pradhan Mantri Awas Yojana (PMAY) by December 20. The court further ordered that there should be no […]

Lender banks cannot be left hanging for forever: Supreme Court of India

NEW DELHI: “Lenders cannot be left hanging for forever”, the Supreme Court today observed and made it clear that the Insolvency and Bankruptcy Code (IBC) was brought to ensure that the dues of the companies, declared non-performing assets (NPAs), are recovered by the banks. A bench of Justices R F Nariman and Indu Malhotra also […]

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