What are extra budgetary borrowings?
According the budget document, “Extra budgetary resources (EBRs) are those financial liabilities that are raised by Public Sector Undertakings for which repayment of entire principal and interest is done from Government budget,”
#budget_Terms
According the budget document, “Extra budgetary resources (EBRs) are those financial liabilities that are raised by Public Sector Undertakings for which repayment of entire principal and interest is done from Government budget,”
#budget_Terms
Zero-Coupon Bonds:
● A zero-coupon bond is a debt security instrument that does not pay interest.
● Zero-coupon bonds trade at deep discounts, offering full face value (par) profits at maturity.
● The difference between the purchase price of a zero-coupon bond and the par value, indicates the investor's return.
#budget_Terms
● A zero-coupon bond is a debt security instrument that does not pay interest.
● Zero-coupon bonds trade at deep discounts, offering full face value (par) profits at maturity.
● The difference between the purchase price of a zero-coupon bond and the par value, indicates the investor's return.
#budget_Terms
Mega Investment Textiles Parks(MITRA) Scheme
● Objective: To enable the textile industry to
○ attract large investments
○ boost employment generation and
○ become globally competitive.
● As part of the scheme, Seven textile parks will be established over three years to attract investments and boost employment in the textile sector.
● These parks will have world class infrastructure with plug-and-play facilities to enable and create global champions in exports in the textile sector.
#budget_terms
● Objective: To enable the textile industry to
○ attract large investments
○ boost employment generation and
○ become globally competitive.
● As part of the scheme, Seven textile parks will be established over three years to attract investments and boost employment in the textile sector.
● These parks will have world class infrastructure with plug-and-play facilities to enable and create global champions in exports in the textile sector.
#budget_terms