The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
The Chhattisgarh Government has received an in-principle nod from the Central Government to go ahead with a USD 300 million school education project in the State.
The new GST rate for pre-packed, labelled food items including rice, wheat, atta, paneer, curd, jaggery, lassi, buttermilk, labelled meat (except frozen) and fish has now been fixed at 5 percent.
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