Home ECONOMY Rs.200 crore government soft loan to ITI

Rs.200 crore government soft loan to ITI

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New Delhi, Feb 28:

The Cabinet Committee of Economic Affairs (CCEA) Friday approved financial assistance of Rs.200 crore to Indian Telephone Industries (ITI) for paying the salaries of its employees.ITI

Through the decision 7,633 employees and family members of the state-owned company will be the direct beneficiaries of the soft loan as they will receive salaries in time.

(IANS)

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