The bill seeks to establish a statutory institution called the National Bank for Financing Infrastructure and Development to support the development of long-term infrastructure financing in India.
India as the third-biggest oil importer and consumer of the world had repeatedly called on major oil producers to ease the supply curbs in order to aid global economic recovery.
Earlier, only a few private banks were allowed to engage in the government businesses such as pension payments, taxes and other revenue payment facilities, small saving schemes, etc.
The Assam Power Transmission project seeks to address the substantial energy deficit faced by the state on the account of congestion in transmission networks and electricity distribution.
The agreement will enable the Indian investors to use the island nation as a launchpad for the business expansion into Africa helping the prospect of Mauritius emerging as a ‘hub of Africa’.
The dialogue between India and European Union covered all the dimensions including economic, political. Security, environment, research and innovation, trade and investment.
With the use of Information Technology, 30 to 40% of the time will be saved while conducting these surveys and an IT partner will also be roped in for the purpose.
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