Funding Under State Plans

Maharashtra Chief Minister Uddhav Thackeray on Friday launched his government's "Maha Aawas Yojana" under which 8,82,135 homes will be built in rural areas of the state, and assured there would be no shortage of funds for the ambitious plan that is expected to cost Rs 4,000 crore.

The existing investors who have their investments under dividend payout and dividend reinvestment option may also avail this facility by switching their investments to the growth option.

S&P Global Ratings has assigned a 'B+' long-term issue rating to additional Tier 1 notes and a 'BB' long-term issue to Tier 2 notes under the $10-billion medium-term notes (MTN) programme by State Bank of India (SBI).

China, whose state pension fund is under pressure to break even in coming years, will formalize a plan in 2017 to raise the official retirement age, China News Service reported today, citing a senior government researcher.

Chinese President Xi Jinping told African leaders today his country would pump $60 billion into development projects, cancel some debt and boost agriculture under a three-year plan that will extend Beijing's influence in the continent.

Under the plan, the SBI Group would now provide them with business leads on requests from their clients for availing the product offerings from associate companies in mutual funds, life insurance, credit cards, general insurance, and home and auto loans, say company sources.

In the Plan Budget, an additional central assistance is given under state plans for implementation of centrally sponsored schemes (CSSs) like mid-day meal scheme and rural employment guarantee programme.

Facing flak over the move to invoke divine blessings for rains to help the state reeling under drought, Karnataka Muzrai Minister Kota Srinivas Poojari said on Tuesday the expenditure for special pujas planned in over 34,000 temples would be met by collecting funds from devotees.

Maharashtra Chief Minister Uddhav Thackeray on Friday launched his government's "Maha Aawas Yojana" under which 8,82,135 homes will be built in rural areas of the state, and assured there would be no shortage of funds for the ambitious plan that is expected to cost Rs 4,000 crore.

The existing investors who have their investments under dividend payout and dividend reinvestment option may also avail this facility by switching their investments to the growth option.

S&P Global Ratings has assigned a 'B+' long-term issue rating to additional Tier 1 notes and a 'BB' long-term issue to Tier 2 notes under the $10-billion medium-term notes (MTN) programme by State Bank of India (SBI).

China, whose state pension fund is under pressure to break even in coming years, will formalize a plan in 2017 to raise the official retirement age, China News Service reported today, citing a senior government researcher.

Chinese President Xi Jinping told African leaders today his country would pump $60 billion into development projects, cancel some debt and boost agriculture under a three-year plan that will extend Beijing's influence in the continent.

Under the plan, the SBI Group would now provide them with business leads on requests from their clients for availing the product offerings from associate companies in mutual funds, life insurance, credit cards, general insurance, and home and auto loans, say company sources.

In the Plan Budget, an additional central assistance is given under state plans for implementation of centrally sponsored schemes (CSSs) like mid-day meal scheme and rural employment guarantee programme.

Facing flak over the move to invoke divine blessings for rains to help the state reeling under drought, Karnataka Muzrai Minister Kota Srinivas Poojari said on Tuesday the expenditure for special pujas planned in over 34,000 temples would be met by collecting funds from devotees.