In a statement, industry body Ficci asked government to stick to its commitment for a steady increase in budget outlay for research and development (R&D) and double the current investments over next 5-8 years. The chamber also suggested the government to create an aggressive policy environment for boosting private sector investment in R
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Govt clears FSAs to Rs 52,349 cr power projects
The Union Coal Ministry on July 3 gave a commitment for fuel supply agreements (FSAs) to eleven power projects with an investment of Rs 52,349 crore. With this, the government has broken the four year jinx in signing FSAs in the country. These have been waiting for fuel supply agreements since 2009.