New Delhi: Finance Minister Arun Jaitley on February 11 stressed on the importance of uplifting the rural sector in India at a post-budget meeting organised here. Addressing the meeting of Central Board of the Reserve Bank of India, Jaitley discussed the importance of increasing allocation toward…
Tag: Anjuly Chib Duggal
New model formulated under MUDRA scheme for handloom sector: Textiles Secretary
The Ministry of Textiles has set a target of extending MUDRA loans to five lakh handloom weavers in the next three years. This was announced by Union Textiles Secretary, Rashmi Verma, at a national workshop on MUDRA scheme for handloom weavers and artisans, organized by Office of Development Comm…
Mudra not to regulate Micro Finance Institutions: Govt
Clarifying its stand on regulation of micro-finance companies, the government has said that the Reserve Bank of India would continue to regulate MFIs registered as non-banking finance companies (NBFCs) with the central bank. MFIs will not be regulated by the Micro Units Development and Refinance …