IDBI-MANAGED FUND TO BOOST FOOD PROCESSING
Article Abstract:
The government of India has decided to raise Rs500 crore fund which will be managed by Industrial Development Bank of India (IDBI) to boost food processing sector. The move is part of the government's programme to reconstitute food processing industry in the coming years. The government aims to cut down post- harvest losses and build-up a strong infrastructure for various processed foods. It also aims to improve quality standards of products for both domestic and overseas market. It will invest Rs10 crore in setting up a Codex laboratory in CFTRI and R&D on food analysis and standards. (gs)
Comment:
India: Government decides to raise Rs500 crore fund to boost local food processing sector
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SERVICE SECTOR Cos A MAJOR REVENUE EARNER IN DELHI
Article Abstract:
Delhi is earning a major part of its revenue from the service sector. During 1996-97, it earned nearly 80 percent of its corporate tax collection from the public sector units. National Thermal Power Corporation (NTPC) and the Mahanagar Telephone Nigam Limited (MTNL) contributed about 38 percent to the total collections of Rs4,000 crore. During 1996-97, the top earners included NTPC (Rs953 crore), MTNL (Rs512 crore), Bharat Heavy Electricals Ltd (Rs339 crore), Maruti Udyog (Rs319 crore) and Gas Authority of India Ltd (Rs186 crore). (ag)
Comment:
India: During 1996-97, Delhi earns nearly 80% of its corporate tax collection from the public sector units
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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