Under partial credit guarantee scheme: Govt aims at approving proposals worth Rs 20,000 crore over next two weeks

Detailing measures taken by the government, including support to NBFCs and HFCs, credit expansion of public sector banks, clearing dues of public sector units, reforms in capital markets and higher refund of taxes, chief economic advisor Krishnamurthy Subramanian said that 17 proposals worth Rs 7,657 crore were cleared within two days of the scheme getting Cabinet approval.

from Economy-News-Economic Times https://ift.tt/2EcPEHA
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