For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Govt considering 19 proposals to invest Rs 30,552.45 cr

By Religare
|

The Indian Government has said that it is considering around 19 proposals with an estimated investment of Rs 30,552.45 crore, media reported.

As per reports, the Government is considering proposals for big investments pertaining to sectors such as pharmaceuticals, information & broadcasting, insurance, non-banking finance companies and private banks.

Commenting on the issue, Commerce and Industry Minister Nirmala Sitharaman told the media, "There are 19 proposals of big investments, each in excess of Rs 100 crore under consideration of government. Estimated investment in respect of these proposals is Rs 30,552.45 crore."

 

The Government is also planning to create Milk Grid within the SAARC region to promote greater intra-regional trade in milk and milk products rather than depending on imports of such products from outside the region.

Under the trade liberalisation programme of SAFTA (South Asia free trade agreement), the Government has given zero duty market access for imports of milk and milk products from Afghanistan, Bangladesh, Bhutan, Nepal, and Maldives.

Story first published: Thursday, August 6, 2015, 12:20 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more