Tuesday, October 6, 1998
New Delhi seeks $3bn loan from World Bank
India has asked for a $3-billion loan from the World Bank in the current fiscal, hoping that the nuclear-related sanctions, which might come in the way of its demand, would disappear in due course. In the fiscal 1998, which ended on June 30, the World Bank gave India loans totaling over $2.1 billion, making it the third biggest beneficiary of its lending programme after Russia and China.
Consumer groups oppose Trai proposal to hike rentals, call charges
The die is cast. After the Department of Telecommunications (DoT), the telecom user and consumer groups have opposed the hike in basic telephone rentals and call charges proposed by the Telecom Regulatory Authority of India (Trai).
Road sector outlay likely to go up by Rs 50,000 cr
The outlay for the roads sector is projected to go up to about Rs 50,000 crore in the Tenth Plan to take care of the spill over projects from the Ninth Plan and new ones for bridging the deficiencies in the nation's road network.
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