Centre to kick off public expenditure on infrastructure in mid-September
The government will go on a spending spree on infrastructure projects from mid-September to generate demand and prompt the economy to effectively tide over the recessionary phase. This was indicated by finance minister Yashwant Sinha in New Delhi on Thursday.

Maharashtra government cap on financial guarantees set at Rs 15,000 crore
The Maharashtra government will cap the ceiling on financial guarantees for various projects at Rs 15,000 crore. Since Maharashtra's current outstanding guarantees stand at Rs 11,000 crore, this gives the state a cushion of Rs 4,000 crore for extending further guarantees.

Cabinet may clear project to deepen Tuticorin port
The Union Cabinet is considering clearing a Rs 202 crore project to deepen the Tuticorin port in order to facilitate entry of high tonnage vessels. The project cost includes a foreign exchange component of Rs 63.38 crore and capitalized interest of Rs 15.77 crore.

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