The Centre has received Rs 6,651 crore as interim dividend from 12 public sector undertakings (PSUs) on Monday, edging towards its Rs 50,028 crore dividend target for the ongoing fiscal. Power Grid Corporation of India (PGCIL) has transferred Rs 2,506 crore as a dividend tranche to the government, while NMDC and Nuclear Power Corporation of India transferred interim dividend of Rs 1,605 crore and Rs 972 crore, respectively. The government has received dividend tranches of Rs 913 crore from GAIL, Rs 351 crore from Hindustan Aeronautics, Rs 149 crore from Bharat Electronics, among others, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey tweeted.
Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices have surged.
First-generation entrepreneurs of micro and small enterprises are facing the problem of inadequate credit flow. H P Kumar, chairman and managing director, National Small Industries Corporation, tells Business Standard about the recent initiatives taken by the corporation to tackle it.
The boy from Darjeeling could not hold back his tears. Runner up Amit Paul, on the other hand, was all smiles.
Multiple organisations of different kinds with overlapping goals would be a dream situation for those who believe in competition and innovation.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
Prime Minister Narendra Modi is in Tanzania where he held talks with Tanzanian President John Pombe Joseph Magufuli.
'I have tried to make it easier for the small scale entrepreneur to do business and cut through the red tape.'
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