Seeking issuance of tax-free bonds worth Rs 5,000 crore, the National Housing Bank (NHB) is planning to request the Union government in the next fiscal. NHB is the regulator for housing finance companies in the country.
Tag: Union government
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Govt’s aid to be continued to KoPT’s dredging
The Union government has agreed recently for a proposal to extend financial assistance to Kolkata Port Trust (KoPT) to meet the dredging expenditure incurred for maintenance of the river and channel.
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Govt likely to sell five AI planes to Etihad
The Union government is soon to decide on the sale of Air IndiaÂ’s five Boeing 777-200 Long Range airplanes to Etihad Airways. The Union Cabinet was scheduled to hold a meeting on December 26 in this regard.
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Govt to utilise Cochin Port to export wheat
High demand for Indian wheat abroad is going to benefit the Cochin Port Trust, which is said to be struggling due to the slowdown. The Union government has proposed to enhance export of wheat and for this the Cochin Port is going to be utilised. South Korea, Bangladesh and Ethiopia are the major buyers of Indian wheat, Union Minister of State for Food and Civil Supplies KV Thomas said recently.
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Govt looks to Japanese aid for highway projects
The Union government is trying to tie up Japanese funds for road projects in the North-East that had difficulty in attracting private sector investment in the past, sources in the government said.
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Govt looks to Japanese aid for highway projects
The Union government is trying to tie up Japanese funds for road projects in the North-East that had difficulty in attracting private sector investment in the past, sources in the government said.
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Govt gives 30% aid to buy solar water heating systems
The Union government is providing central financial assistance (CFA) upto 30 per cent of the Benchmark cost of the equipment in Solar Water Heating systems and Solar Photo Voltaic systems such as solar lanterns, home lights, street lights and stand alone PV power plants.
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Govt takes initiatives in renewable energy
The Union government has taken a few new initiatives in the field of new and renewable energy sector during the last three years and the current year, said the Union Minister of New and Renewable Energy Farooq Abdullah in a written reply in the Lok Sabha on December 16.
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Govt constitutes Cabinet Committee on Investments
The Union government has set up the Cabinet Committee on Investments (CCI) with the Prime Minister as the Chairman to promote accelerated and time bound decisions on grant of various licenses, permissions and approvals for implementation of projects.
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National Road Safety Policy to control road mishaps
The Union government has said that a total of 1,38258 persons have been killed in road accidents in the country during 2012. In 2011, 1,42,485 persons were killed, the government has said.