Monday, January 18, 1999
Ministry may monetise gold to fund core plans
The finance ministry is keen on monetisation of at least a part of the country's 12,000 tonne idle gold reserves through the gold deposit schemes of commercial banks. The monetisation of gold will go a long way in funding the infrastructure projects, feel the North Block mandarins.
Indica may swell state coffers in the long run
The Maharashtra government will make a net revenue gain of Rs 870.21 crore over a period of 10 years despite the sops given to Telco's Indica project.
Power goods' usage on the rise, says study
The penetration level of electrical goods could increase by 21% in rural areas if the income levels of the households in these areas is raised to be at par with that of urban household.
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