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ECLGS scheme to be extended till March 23
February 01, 2022
- Among other announcements made by Finance Minister Sitharman in her Budget speech are:
- Railways will develop new products for small farmers and
MSMEs.
- Contracts for multi-modal parks at 4 locations to be awarded
next fiscal.
- ECLGS scheme to be extended till March 2023 and guarantee
cover expanded by Rs 50,000 to Rs 5 lakh cr.
- A rationalised scheme to increase domestic oilseed
production will be brought in to cut down imports.
- 2022-23 has been announced as International Year of Millets.
- PM Gati Shakti for road transport masterplan to be finalised
in 2022-23. PM Gati Shakti is driven by 7 engines: roads, railways, airports,
ports, mass transport, waterways. logistics infra, and all 7 engines will pull
forward the economy in unison supported by energy transmission, IT communication, bulk water and
sewerage and social infra.
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