Centre to provide interest subsidy of 1.5% on short-term farm loans
The interest subvention will be applicable for lending short-term agri-loans up to ₹3 lakh to farmers; government has made budgetary provisions of ₹34,856 crore under the scheme.
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State-run companies to decide on disinvestment, closure of subsidiaries, JVs
This will enable PSEs to monetise their investment at an opportune time or close their loss-making and inefficient subsidiary, unit or JV at the right time.
Video: Decoding the Modi 2.0 ministry
Editor Sourav Majumdar and deputy editor Aveek Datta discuss the BJP-led NDA’s win, and key ministers in the new cabinet, who will define India’s social and economic journey in the next five years.
Cabinet okays ₹10,000 crore outlay for FAME-II
The scheme is aimed at promoting electric mobility and alternative fuels in the country. Through FAME, the government is looking to achieve 30% electric mobility by 2030.
Jan Dhan Yojana to be an open-ended scheme
Pradhan Mantri Jan Dhan Yojana will now be an open-ended scheme and have double the overdraft facility along with a higher insurance cover.
