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Govt provides Rs 2,000 cr sops to export sector

Govt provides Rs 2,000 cr sops to export sector

The Union government has provided Rs 2,000 crore incentives to support the country's sagging exports, Unon Finance Minister P Chidambaram has said. The government's subvention is for clearing its dues to the export sector. Chidambaram told that as much as Rs 1,550 crore would be used to clear existing dues and the remaining Rs 450 crore would go towards interest subvention rate hike from 2 per cent to 3 per cent.

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Ministry aims to add 30 gw renewable energy capacity in 12th Plan

Ministry aims to add 30 gw renewable energy capacity in 12th Plan

The Ministry of New and Renewable Energy aims to add 30,000 mw capacity during the 12th Plan period (2012-17) from various renewable energy sources. This information was given by Minister for New & Renewable Energy, Farooq Abdullah in Rajya Sabha recently. About 27,000 mw renewable power generation capacity has been installed in the country from various rene