The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
Dr Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare, inaugurated the 7th edition of the International Conference on Pharma and Medical Devices sector 2022 in New Delhi
.
Pomila Jaspal has been appointed as the Director (Finance) and Chief Financial Officer of the government-owned oil and gas explorer and producer Oil and Natural Gas Corporation (ONGC) with immediate effect.
The Reserve Bank of India (RBI) maintained an accommodative stance and cut the real Gross Domestic Product (GDP) growth projection for the 2022-23 to 7.2 percent, against the earlier projection of 7.8 percent.