Friday, September 11, 1998
Sinha identifies key sectors in need of attention
Finance minister Yashwant Sinha on Wednesday identified steel, cement, commercial vehicles, paper, capital goods and textile industries as the key problem sectors which may require immediate attention of policy makers. Speaking to a gathering of industry captains, Sinha said that his ministry is exploring concessions to prop up the "problem" sectors.
Governor, secretaries discuss state fiscal health
The Maharashtra governor PC Alexander on Thursday held separate meetings with principal secretary (planning department) Vinay Bansal and principal secretary (finance department) Ravi Buddhiraja amidst speculations that the state's financial situation is worsening. Prominent issues figured during the meetings were related to mounting revenue and capital expenditure, rise in deficit and state's outgo for repayment, said sources.
Samman tax plan may be launched next month
The `Samman' scheme, which proposes to reward taxpayers by doling out incentives like priority reservation in railways, will have packages suiting different levels of assessees. The scheme is likely to be launched next month.
|
|
