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PM Kisan Samman Nidhi will be hiked to Rs.9000 p.a. - Sources
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US Federal Reserve leaves interest rates unchanged, remains at 5.25% - 5.50%.
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The Modi govt is prepared to present its 2nd interim budget today.
FM Nirmala Sitharaman, who has presented the budget for the past five years, will seek Parliamentβs approval for the governmentβs expenditure for the first four months of this fiscal year.
FM Nirmala Sitharaman, who has presented the budget for the past five years, will seek Parliamentβs approval for the governmentβs expenditure for the first four months of this fiscal year.
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Before the FM presents the vote on account, here is a quick look at the credit flow numbers for the last 9 months (AprβDec2023).
At βΉ22.8 Tn, in the first 9 months of this fiscal year, credit flow is a 1.6x, compared to βΉ14.1 Tn for the same period, previous fiscal. Credit flow growth across sectors, such Agri (1.5x), MSME (1.7x), Infra (6.2x) and Services (1.4x), over previous period, is outstanding! Rural credit is booming, which discredits all talk of a rural distress.
With such credit flow numbers, 7% plus growth looks like the new normal in FY2024 and beyond.
At βΉ22.8 Tn, in the first 9 months of this fiscal year, credit flow is a 1.6x, compared to βΉ14.1 Tn for the same period, previous fiscal. Credit flow growth across sectors, such Agri (1.5x), MSME (1.7x), Infra (6.2x) and Services (1.4x), over previous period, is outstanding! Rural credit is booming, which discredits all talk of a rural distress.
With such credit flow numbers, 7% plus growth looks like the new normal in FY2024 and beyond.
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Check out this UN-RWA π
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Before-and-after satellite images show the scale of destruction in the Gaza Strip.
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CABINET MEETING ENDS.
UNION INTERIM BUDGET APPROVED
UNION INTERIM BUDGET APPROVED
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