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Rs 12.43 cr subsidy claims cases cleared Excelsior Correspondent JAMMU, Jan 16: Commissioner Secretary, Industries & Commerce (I&C) Department, Manoj Kumar Dwivedi, today chaired separate meetings of the State Level committees for sanctioning of subsidy cases under the Central Package of Incentives and sanctioning of 30% Central Capital Investment Incentive for Access to Credit (CCIIAC) under Industrial Development Scheme (IDS). The Committees sanctioned cases of 100% Insurance Subsidy, 3% Interest Subsidy and 30% CCIIAC amounting to Rs 10.59 crore for Jammu Division and Rs 1.84 crore for Kashmir Division. Director I&C Jammu Anoo Malhotra deliberated upon 48 subsidy cases pertaining to 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC under IDS which included 22 subsidy cases from district Jammu, 15 subsidy cases from district Samba, 10 subsidy cases from district Kathua and one subsidy case from district Udhampur. However, one case from district Jammu amo ....
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Fincare Small Finance Bank signs a MoU with National Housing Bank for PMAY Posted On: 2020-12-17 05:08:38 (Time Zone: Arizona, USA) Fincare Small Finance Bank (FSFB) today announced that it signed a MoU with the National Housing Bank (NHB) to facilitate the credit linked subsidy for eligible borrowers. The Pradhan Mantri Awas Yojana (PMAY) Scheme under Ministry of Housing and Poverty Alleviation, is a critical program which the Government of India (GOI) is implementing in Mission-mode. Under the scheme, the Interest Subsidy shall continue up to 31-Mar-2022. Mr. Rajeev Yadav, MD & CEO, Fincare Small Finance Bank said, We are committed to financial upliftment of the economically weaker sections and the low-income households. In an attempt to support the government s endeavor to provide housing for all, Fincare Small Finance Bank shall launch the credit linked subsidy, which has a direct benefit in the form of lower EMI. With this scheme, our aim is to e ....
National food security bill will be put in place to help alleviate this food inflation for india s poor. we re talking about hundreds of millions of people guaranteeing them to have food in their homes. also a promise that the inflation numbers overall will go down this year. there was a lot of talk about infrastructure. one of the big things happening in india that causes some of this inflation are the bottlenecks in the infrastructure, things that slow down the supply of food and cause food to rot because it simply can t get to where it s going in time, not enough fridge rated trucks and not enough fridge rated warehouses. there will be a 23% increase in spending on infrastructure. that s been put into the budget. also, formers are going to get some relief. they re being given some direct cash subsidies for things such as care seen and fertilizer, important points there. also being given, a 3% interest subsidy. so you re seeing some of these things. they re putting in place an easier ....