Rs 20,000 cr for recapitalisation of public sector banks

« Back

February 01, 2021 12:08

Other announcements made by FM Sitharaman are:

Asset reconstruction and management company to be set up for stressed assets of banks.

FDI in insurance increased to 74 pc from 49 pc.

Government proposes further recapitalisation of State-owned banks; earmarks Rs 20,000 crore.

Free cooking gas LPG scheme Ujjwala to be extended to 1 cr more beneficiaries.

Scheme of Mega Investment Textile Parks to be launched, in addition to PLI scheme, to create world class infra in textile sector, with plug-and-play facilities, to create global export champions. 7 textile parks to be set up over 3 years

« Back to LIVE

TOP STORIES

All you need to know about VVPATs

To enhance transparency and verifiability in the poll process, the Conduct of Election Rules, 1961 were amended in 2013 to introduce the use of VVPAT machines. They were first used in the by-election to the Noksen assembly seat in Nagaland.

Cong suspends Surat candidate Kumbhani for 6 years, suspects BJP ties

A statement from the Congress said the party's disciplinary committee decided to suspend Kumbhani after a thorough discussion, adding it had come to the conclusion that the nomination form was rejected due to gross negligence on his part...

Efforts to weaken India's progress must be stopped: Justice Datta on EVM row

Writing his views in a separate verdict while concurring with the opinion of Justice Sanjiv Khanna, who was heading the bench, Justice Datta said the question of reverting to "paper ballot system", on facts and in the circumstances, does...

Surya, Bumrah key to India's prospects in T20 World Cup: Yuvraj

Former India star Yuvraj Singh has identified the swashbuckling Suryakumar Yadav and pace ace Jasprit Bumrah as key to the team's prospects in the upcoming T20 World Cup owing to their ability to "change the complexion of a game" in a...

Maruti Suzuki Q4 net rises 48% to Rs 3,877.8 cr

The country's largest car maker Maruti Suzuki India on Friday reported a 47.8 per cent rise in net profit for the March quarter of FY24 to Rs 3,877.8 crore, on account of higher sales volume and favourable commodity prices.