The stock zoomed 17.58 per cent to Rs 10.50 on the BSE. At the NSE, it rallied 19.55 per cent to Rs 10.70. Vodafone Idea had gained 2.76 per cent in the previous trade also.
Last year, the government had announced the scheme for the automobile and auto components sector with an outlay of Rs 57,043 crore, earmarked for five years.
Last year, the government had announced a PLI scheme for the automobile and auto components sector with an outlay of Rs 57,043 crore, earmarked for five years.
The Centre had in August 2020 increased the FRP by Rs 10, bringing the amount to Rs 285 per quintal. In 2019-2020, the government had fixed Sugarcane FRP at Rs 275 per quintal.
He also stated the government will support the MSP mechanism by direct benefit transfer to the farmers the difference of the MSP and market price.
The Cabinet decision has come close on the heels of another decision which allowed OBC reservation in the national entrance tests for the medical education.
“This will be the biggest relief we can offer those small depositors and nearly covering 98.3% depositors,” Sitharaman said in a press conference post the cabinet meeting.
The Union Cabinet on Thursday gave its go-ahead to a Rs 6,322-crore production linked incentive (PLI) scheme to boost the manufacturing of specialty steel.
The meeting comes two days after the Cabinet Committees were reconstituted by the Central Government.
No berth for Pritam Munde in Union cabinet, 20 BJP office-bearers quit in Maharashtra's Beed district
BJP national secretary Pankaja Munde had denied reports that her MP sister Pritam Munde Khade was upset over not getting a berth in the Union cabinet.
Tomar, briefing the Cabinet decision, said the interest subvention scheme has been amended to allow the projects for the strengthening of the APMCs within the ambit of the scheme.
BJP did not do well in the recent Assembly polls. But around half of the 77 seats they won came from north Bengal and SC-dominated regions.
India affected by ship's direction than arrangement of chairs on upper deck: Shashi Tharoor on Cabinet rejig
Apart from 15 Cabinet Ministers, 28 Ministers of State, comprising new faces and those elevated, were sworn in at a ceremony.
Narayan Rane, a former Sena leader who left the party over 16 years ago, took oath as minister in the Narendra Modi government.
In first meet, revamped Union Cabinet approves Rs 23,123 crore for boosting health infra, focus on child care
Around 2.4 lakh normal medical beds and 20,000 ICU beds would be created of which 20 per cent would be specially earmarked for children.