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Industry
needs Rs 1,60,672cr to achieve 11.5pc tele-density |
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A total of Rs 1,60,672 crore
needs to be pumped into the telecom sector during the Tenth
Plan to achieve the targeted tele-density of 11.5 per cent.
As per the estimates of the DoT, the public sector is expected
to invest about Rs 114.381 crore while the remaining Rs 46,291
crore worth of investments has to come from the private sector.
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Accident
cover for micro credit units mooted |
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The banking industry has proposed
that members of self-help groups active in micro credit development
in rural and backward areas be provided accident risk cover.
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RBI
extends G-Secs bidding to retail investors |
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With a view to encouraging
wider participation and retail holding of government securities,
the RBI announced the availability of non-competitive bidding
facility in G-Secs for retail investors. |
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PM
asks Japanese businessmen to invest in India in a big way |
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Assuring Japanese captains
of industry and business that his government is creating a “congenial
atmosphere” for foreign investment, Prime Minister Atal Bihari
Vajpayee on Sunday invited them to India to invest in a big
way. |
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