BREAKING NEWS
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
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FM proposes to issue sovereign green bonds to mobilise resources
PTI, Feb 1, 2022, 12:37 PM IST
Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government’s borrowing programme.
She said that outlay for capital expenditure has been stepped up by 35.4 per cent to Rs 7.5 lakh crore in FY’23.
Effective capital expenditure will be Rs 10.68 lakh crore, or 4.1 per cent of GDP, in 2022-23, the finance minister said, adding public investment must take the lead to pump prime private investment and support demand.
The finance minister also said that a world-class university will be allowed in GIFT (Gujarat International Finance Tec-City) IFSC (International Financial Services Centre) free from domestic regulation.
International arbitration centre will also be set up in GIFT city to provide faster dispute resolution, she added.
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Latest Additions
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
Heroin worth Rs 3.5 crore recovered in police raid in Delhi, 2 arrested
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
Treated Muslims like fuel for ‘lantern’: Prashant Kishor targets Lalu, asks upper castes to stay away from Nitish
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
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