Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Economy News
Close

News on Indian Economy and Sectors, which have impacts in the market.

 
Maharashtra has become first State to qualify for Second Rashtriya Krishi Vikas Yojana Installment
27-Jul-26 15:45Hrs IST

Maharashtra has become the first State to qualify for the Second Rashtriya Krishi Vikas Yojana (RKVY) Installment. Union Agriculture Minister has noted that the Government of India had earlier released Rs 335 crore as the first installment under RKVY to Maharashtra. The State has utilised approximately Rs 260 crore, exceeding the prescribed 75 percent utilisation benchmark, thereby becoming eligible for the second installment. He informed that the process for release of the second installment of Rs 335 crore is being taken up. The Union Minister emphasised that timely expenditure should always be accompanied by continuous monitoring to ensure that public funds are utilised strictly for the objectives for which they have been sanctioned. He also appreciated Maharashtra's performance in generating Farmer IDs and recalled the State's prompt financial assistance to farmers affected by floods, wherein compensation amounting to around Rs 14,000 crore was transferred directly to farmers' bank accounts within five days.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise