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Ficci suggests govt to promote R&D

Ficci suggests govt to promote R&D

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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Cabinet clears Rs 10 bn outlay for industrial infra projects

Cabinet clears Rs 10 bn outlay for industrial infra projects

The Cabinet Committee on Economic Affairs approved the Modified Industrial Infrastructure Upgradation Scheme (MIIUS) with an approved outlay of Rs 1,030 crore for the 12th Five Year Plan period. The outlay consists of Rs 450 crore for committed liability and the remaining Rs 580 crore for taking up 14 to 16 new projects including a minimum 2 projects in the N

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Plan panel clears Rs 5.48 tn outlay for railways in 12th plan

Plan panel clears Rs 5.48 tn outlay for railways in 12th plan

The Planning Commission approved an outlay of Rs 5.19 lakh crore for Indian Railways in the Twelfth Five Year Plan (2012-2017). It may be noted that the railway ministry proposed an outlay of Rs 5.48 lakh crore. This information was given by the Minister of State for Railways Adhir Ranjan Chowdhury in Rajya Sabha. The total outlay cleared by the commission includes

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Chhattisgarhs allots Rs 19 bn for urban projects

Chhattisgarhs allots Rs 19 bn for urban projects

Chhattisgarh Chief Minister Raman Singh informed that the state government earmarked Rs 1,900 crore as budget outlay for the urban development department. Singh remarked that money would not be a matter when it came to take up development works in the urban localities and provide better civic amenities to the people