UP SETS UP DEDICATED ROAD FUND
Article Abstract:
Uttar Pradesh has planned to create a dedicated road fund for the development of roads in the state. Finance for the road fund will be mobilised by increasing sales tax on petrol and diesel prices to 20 percent from 12 percent at present. The fund is expected to mobilise about Rs450 crore every year. The fund will be used to finance operations and maintenance of state roads along with upgradation of existing highways in the state. (khr)
Comment:
India: Uttar Pradesh plans to create dedicated road fund for development of roads in the state
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SWC NETS PROFIT IN Q2
Article Abstract:
Shaw Wallace & Company Limited (SWC) has recorded net profit of Rs91 lakh during the second quarter ended December 1998(the company adopts July-June accounting year). During the same period in 1997 it had posted net loss of Rs4 lakh. SWC also posted net profit of Rs1 crore during the half year ended December 1998 (net loss of Rs91 lakh during the half year ended December 1997). (ag)(psr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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