The Hindu Business Line : Saturday, January 10, 2004

POLICY
Govt plans to set up Rs 10,000-cr SME fund
IN order to provide adequate financial resources at competitive rates to small and medium enterprises, the Finance Minister, Mr Jaswant Singh, today announced the plan for creation of a Rs 10,000 crore Small and Medium Enterprises Fund (SME ... More

External commercial borrowing norms eased
THE Government today announced a new liberalised external commercial borrowing (ECB) which would allow automatic approvals for borrowings with an average maturity of five years and above. The Reserve Bank of India has been asked by the Ministry ... More

Procurement, tendering process by Govt agencies — CVC lays down new norm for transparency
Sources in the Government told Business Line here that instances had come to the notice of the CVC in which allegations have been made about inadequate or scant publicity with procurement officials not making available bid documents and applic ation forms with a view to circumscribing competition. More

Norms for removal of semi-finished goods from factories eased
THE "mini-budget" of the Finance Minister, Mr Jaswant Singh, has conferred another significant benefit on the corporate sector. India Inc's long-standing demand to simplify the removal of semi-finished goods from their factories has finally ... More

POLITICS
Bengal plans to `rightsize' ministry
THE West Bengal Government is planning to curtail the size of its ministry as well as manpower at the secretariat and the various Government departments. The Chief Minister, Mr Buddhadeb Bhattacharya, has said that the reduction in size of the ... More

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