Govt considering 19 proposals entailing Rs 30,552cr investment

As many as 19 proposals with an estimated investment of Rs 30,552.45 crore is under the consideration of the government, Parliament was informed today.
Proposals for big investments under the government consideration pertains to sectors such as pharmaceuticals, information & broadcasting, insurance, non-banking finance companies and private banks.
"There are 19 proposals of big investments, each in excess of Rs 100 crore under consideration of government. Estimated investment in respect of these proposals is Rs 30,552.45 crore," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.
Replying to a separate question, she said the objective to create "Milk Grid" within the SAARC region is to promote greater intra-regional trade in milk and milk products rather than resorting to imports of such products from outside the region.

"This may improve per capita availability of milk in South Asia by linking milk surplus countries with deficit countries, which will help in meeting the nutritional needs of the population," she said.
Under the trade liberalisation programme of SAFTA (South Asia free trade agreement), government had given zero duty market access for imports of milk and milk products from Afghanistan, Bangladesh, Bhutan, Nepal, and Maldives.