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Nitin Spinners Limited announces Capacity Expansion project for Rs. 950 crore

Nitin Spinners Limited announces Capacity Expansion project for Rs. 950 crore
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Principal Secretary I&C holds SLC meets regarding sanctioning of subsidy cases under CPI, approval of 30 % CCIIAC under IDS

Principal Secretary I&C holds SLC meets regarding sanctioning of subsidy cases under CPI, approval of 30 % CCIIAC under IDS
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Maharashtra govt. to provide interest-free crop loans up to ₹3 lakh

2% additional concession for farmers who repay on time
The Maharashtra Cabinet on Thursday cleared a proposal to provide crop loans up to ₹3 lakh at zero interest rate. Under the Dr. Punjabrao Deshmukh Interest Concession Scheme, farmers who repay their interest of loans up to ₹3 lakh get interest subsidy.
The decision was taken at the State Cabinet meeting chaired by Chief Minister Uddhav Thackeray. Finance Minister Ajit Pawar, while presenting the State budget for 2021-22, had announced that crop loans up to ₹3 lakh will be charged at zero per cent interest. The State government was earlier extending interest concession of 3% to non-defaulters with crop loans up to ₹1 lakh and 1% concession in interest rate if crop loans between ₹1 lakh and ₹3 lakh was repaid on time. The scheme was aimed at encouraging non-defaulters. ....

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Covid-19 impact: Assocham seeks wage support, interest subsidy to help industry

"This is time to support and spend without giving too much focus on the fiscal parameters. I am sure, the RBI and the government are constantly working on innovative solutions to keep infusing cash into the system despite understandable revenue pressures," it said. ....

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Shri Bajrang Alliance Ltd to get subsidy from CSIDC

Shri Bajrang Alliance Ltd to get subsidy from CSIDC
Posted On:
2021-04-10 22:26:46
(Time Zone: Arizona, USA)
Chhattisgarh State Industrial Development Corporation (CSIDC) Raipur (Chhattisgarh) vhas agreed for providing capital & interest subsidy under Chhattisgarh State Food Processing Mission Policy 2019-24 for an amount of Rs. 500,00,000/- (Rs. Five Crore) as Capital Subsidy and Rs. 2,00,00,000 (Rs. Two Crores) as Interest Subsidy to M/S Shri Bajrang Alliance Limited for setting up of Food Processing Industries in Raipur (Chhattisgarh).
Shares of SHRI BAJRANG ALLIANCE LTD. was last trading in BSE at Rs.188.1 as compared to the previous close of Rs. 179.15. The total number of shares traded during the day was 9140 in over 30 trades. ....

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