Finance Minister announces Rs.10,000 crore farm debt relief fund Finance Minister P Chidambaram has announced that in order to raise funds for the ambitious Rs. 60,000 crore farm loan relief fund declared in the budget 2008-09, a fund of Rs. 10,000 crore has been assigned which had been mentioned earlier in the supplementary demands for grants 2007-08. 13 Mar 2008
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Banking sector will not be hit by $15 billion loan waiver: FinMin Union Finance Minister P. Chidambaram is trying to soothe the frayed nerves of the banking sector by assuring that the $15 billion loan waiver package for poor and marginal farmers, announced as a budgetary policy on Feb.29, would not hurt the banking system but rather strengthen it. 09 Mar 2008
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India Inc. lauds Union Budget 2008-09 but expected "more" Corporate India has lauded Union Budget 2008-09, calling it a "remarkable job" done by the Finance Minister P. Chidambaram, but added that the Budget had left them hoping for more. 02 Mar 2008
