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Latest Articles in 20 lakh crore

Govt To Form New Policy For Pses, Open All Sectors To Private Players: FM Sitharaman

To minimise wasteful administrative costs, the number of enterprises in strategic sectors will be between one to four. Others will be privatised or merged or brought under holding companies

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Experts Question Suspension Of 'Defaults' Under IBC

Finance Minister said on May 17 that the government is announcing the suspension of fresh initiation of insolvency proceedings up to one year and exclusion of COVID 19 related debt from the definition of “default” under IBC. Experts are not happy.

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Long Term Policy Reform Made To Ensure Coal Is Available At Cheaper Rates: Dharmendra Pradhan

The private sector has been allowed to enter the coal sector. Both public and private sector will work towards the production of coal.

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Sitharaman To Announce Last Tranche Of Economic Package Today

Finance Minister announced the 'One Nation One Ration Card', free food grain supply to migrants and creation of affordable rental housing complexes (ARHC) in urban areas for migrant workers and poor under the COVID-19 stimulus package.

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Liquidity Infusion Of Rs 30,000 Crore To NBFC/HFCS Will Help Real Estate Sector

"This will also benefit the real estate sector significantly, given that NBFCs and HFCs are major lenders to it.

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India Unveils $40 Billion Credit Line For Small Businesses

The government will provide a credit guarantee to businesses to avail collateral-free loans from banks, aiming to help 4.5 million businesses by October 2020

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PM Known For Taking Big Decisions, Sees Opportunity In COVID-19 Like Crises: Anurag Thakur

COVID-19 posed many challenges to the country and the world. Prime Minister Narendra Modi sees opportunity even in these difficult situations.

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Centre Announces Rs 3 Lakh Crore Collateral-Free Automatic Loans For Businesses, Including MSMEs

The announcements came a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore special economic package amid nationwide COVID-19 lockdown.

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