Thursday, January 21, 1999
Govt removes shackles on technology imports
The government has liberalised further the technology import regime by expanding the automatic approval list. So far only 60% of technology imports could be done through the automatic route.
Norms for FI directors on cards
The government is planning to issue guidelines for the financial institutions to make their nominees more active in company boards said T S Krishna Murthy, secretary, department of company affairs.
CCEA okays Rs 25,000 cr textile fund
In a major policy initiative, the government decided to set up the Rs 25,000 crore technology upgradation fund (TUF) from April 1 to modernise the weaving and processing sectors of the textile industry, besides jute, cotton ginning and pressing units.
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