A- A A+
Last Updated : May 27 2020 10:25PM     Screen Reader Access
News Highlights
Lockdown decelerated pace of spread of COVID-19, averted many casualties: Health Ministry            COVID-19 recovery rate improves to 42.45 % in the country            Aarogya Setu becomes world's largest contact tracing app: Dr Harsh Vardhan            Health Ministry advises States, UTs to organize home deliveries of essential medicines in containment zones            CBSE allows students to write pending board exams from home states           

Business News

Sep 13, 2019

NDA govt's Key steps to make India 5 trillion economy

With an objective to make India a five trillion dollar economy, the NDA government has undertaken several measures to boost the economy. It has set up two Cabinet committees to spur investment and create new employment opportunities in the country. 

It has also formed a high-powered Committee on structural reforms in the agriculture sector. The merger of ten Public Sector Banks into four entities is a historic move to rationalise operations reducing the cost of lending and enhance profitability. 

The decision will enable Banks to enhance credit capacity, risk appetite, better ability to raise resources from markets, strong national presence and global competitive edge. 

Besides, 70 thousand crore rupees will be released to public sector banks upfront and additional lending and liquidity to the tune of 5 lakh crore rupees to benefit corporates, retail borrowers, MSMEs, small traders and others.

Linking repo rate to interest rate led to reducing EMI for Housing Loans and  Vehicles. To boost the automobile sector, the Narendra Modi Government has increased the allowable depreciation to 30 per cent on all vehicles acquired from now till March 2020. 

The ban on the purchase of new vehicles by Government Departments has also been lifted. The customs duty is being exempted on certain parts of electric vehicles to further incentivise e-mobility. 

   Related News

Live Twitter Feed

Listen News

Morning News 27 (May) Midday News 27 (May) News at Nine 27 (May) Hourly 27 (May) (1800hrs)
समाचार प्रभात 27 (May) दोपहर समाचार 27 (May) समाचार संध्या 27 (May) प्रति घंटा समाचार 27 (May) (2200hrs)
Khabarnama (Mor) 27 (May) Khabrein(Day) 27 (May) Khabrein(Eve) 27 (May)
Aaj Savere 27 (May) Parikrama 27 (May)

Listen Programs

Market Mantra 27 (May) Samayki 27 (May) Sports Scan 23 (Mar) Spotlight/News Analysis 27 (May) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 10 (May) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar)
  • Money Matters 22 (Mar)
  • International News 22 (Mar)
  • Press Review 23 (Mar)
  • From the States 23 (Mar)
  • Let's Connect 22 (Mar)
  • 360°- Ek Parivesh 23 (Mar)
  • Know Your Constitution 30 (Jan)
  • Ek Bharat Shreshta Bharat 22 (Mar)
  • Sanskriti Darshan 23 (Mar)
  • Fit India New India 23 (Mar)
  • Weather Report 21 (Mar)
  • North East Diaries 22 (Mar)
  • 150 Years of Bapu 22 (Mar)
  • Sector Specific Discussions 22 (Mar)