Cabinet Ministers take a bold decision to boost the econmy

Cabinet Ministers take a bold decision to boost the econmy

 

 

  • 75 New medical college to opened in India

  • Sugar export Subsidy will be directly transferred the Farmer accounts

  • 100% FDI via Automatic Route in Coal Mining & Sales.

  • 100% FDI  via Automatic Route Contractual Manufacturing in third Party

  • Digital Media 26% FDI in Digital Media related to media, current affairs, article, post

  • Export subsidy for 60 lakhs metric tones, cost  of 6,268 crore.

He also said that 75 new medical colleges will be opened by the government with an investment of Rs 24,375 crore, which will create 15,700 seats over the next three years.

Cabinet has also expanded the definition of local sourcing for single brand retail. These outlets should now locally source 30% of their procurements, irrespective of whether their product is marked for export or domestic sale, and will be reviewed for a block of five years, and not a YOY basis.

 

 

Finance minister has been taken a Bold step to Boost the Indian Economy.

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