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It would have helped if the sector received benefit from MPC: Realtors


It would have helped if the sector received benefit from MPC: Realtors
Posted On:
2021-04-07 04:39:11
(Time Zone: Arizona, USA)
The Reserve Bank of India (RBI) has maintained the policy rate at 4% and voted unanimously to keep the status quo with an accommodating stance. The marginal standing facility and bank rate remained at 4.25 per cent, while the reverse repo rate remained at 3.5 per cent. The majority of experts predicted that the RBI will preserve the status quo in the face of a rise in COVID-19 cases in the country. The RBI s decision to keep key policy rates unchanged means that low-interest rates on home loans will continue, but real estate developers believe that more reductions could have boosted housing demand, which has shown signs of recovery in recent months. ....

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Government constitutes task force for farmer database under AgriStack


Government constitutes task force for farmer database under AgriStack
Thousands of farmers held a protest at Krishi Upaj Mandi, Sikar in September 2017
The government has constituted a task force for its ‘AgriStack’ project which will deliberate the contours of a Unified Farmers Service Platform (USFP), it said in replies to Parliamentary questions.
The question raised by Indian National Congress Member of Parliament Pradyut Bordoloi, the Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar said that the Task Force is only working a framework document and Digital Blue Print for the UFSP. The database will be built only once the Ministry approves the Task Force’s recommendations, after involving the relevant organisations. ....

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