The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the establishment of a World Health Organization Global Centre for Traditional Medicine (WHO GCTM) at Jamnagar, Gujarat.
India's GDP growth is projected to spike to a four-quarter high of 13 per cent in Q1 (April-June) FY23 due to a low base of Covid 2.0 and robust recovery in contact-intensive services, according to ICRA.