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Incentive amount of around Rs 4,415 crore disbursed under PLI Schemes for eight sectors including Large-Scale Electronics Manufacturing, IT Hardware, Bulk Drugs, Medical Devices, Pharmaceuticals, Telecom & Networking Products, Food Processing and Drones and Drone Components,” Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajeev Singh Thakur told reporters here.",
Prime Minister Narendra Modi’s goal of making India a high-income country by 2047 is unlikely to be achieved but India should become an upper middle-income country and a superpower by the middle of the century, Martin Wolf, Chief Economics Commentator, Financial Times said on Friday.",
With regard to IDBI Bank stake reduction, sources said some positive development has already taken place. Last week, insurance regulator Irdai permitted LIC to pick up 51 per cent stake in IDBI Bank as part of transformation of the lender.",
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>SAARC Development Fund (SDF) plans to tap financial markets as it aims to become a full-fledged regional development bank in the near future, its CEO Sunil Motiwal said Tuesday. With an authorised capital of USD 1.5 billion and a total capital base of USD 500 million, the SDF is working to enhance its credit portfolio to USD 300 million in the next few years by financing a range of projects including renewable sources, transportation, telecom and environment in the SAARC region."
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