Indian Finance Minister Nirmala Sitharaman on Thursday announced financial outlays for 12 sectors, including a fertiliser subsidy as well as those for housing and infrastructure that will likely drive demand for key commodities. She said the announcement was the third instalment of Atma Nirbhar Bharat (Self Reliant India) programme that was meant to establish the country […]
India’s cabinet on Wednesday announced a production-linked incentive (PLI) programme worth Rs 2 lakh crore ($27 billion) for as many as 10 sectors, including food processing, with the aim of establishing the country as manufacturing hub. “The scheme will make Indian manufacturers globally competitive, attract investment and enhance exports, said Prakash Javadekar, minister for human […]
The Indian government said it has managed to reduce the cane price arrears to Rs 2,700-crore compared to Rs 21,000-crore for the year 2014-15, helping the industry improve its liquidity. “The measures taken by the Government to improve liquidity of the sugar mills enabling them to clear cane price dues of farmers, have a salutary […]
