NATIONAL Govt to raise agriculture credit by 30 pc this fiscal Government today (June 18, 2004) announced a major package for farmers, proposing to raise farm credit by 30 per cent to Rs 1,04,500 crore this fiscal, roping in 50 lakh new farmers as borrowers, and a four-point strategy to restructure debt, particularly for distressed small farmers.
Nationwide VAT to be implemented from April 2005 A nationwide Value-added Tax (VAT) will be implemented from April 2005, a move that could increase revenues of States significantly and enable them improve their financial health.
INTERNATIONAL India to ease FDI regime: Kamal Nath The Government will raise the sectoral caps on foreign direct investment (FDI) and bring in legislation on special economic zones in a bid to boost foreign investment to $ 10-15 billion annually, Commerce and Industry Minister Kamal Nath has said.
