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Currently, EPFO can invest up to 15% of its funds into equities through exchange-traded funds (ETFs) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs), and Bharat 22 Indices. The EPFO accumulated corpus stands at over ₹15 trillion now and it has nearly 60 million subscribers. The plan is to initially separate investments of provident and pension deposits, a senior government official said.
View: Replacing China imports difficult, yet possible, even in Electric VehiclesJust like India convinced Suzuki to start a lithium ion battery factory in Gujarat which in turn roped in Toshiba and Denso, it needs to convince Hyundai, LG Chem and Panasonic who have major presence in India to speed up inv… Read MoreOdisha targets 96 lakh metric tonne of foodgrain production in kharif-2020More than 60 per cent of Odisha's population depends on the agriculture sector. The government had announced a special package of Rs 200 crore for farmers who are affected by the COVID-19 pandemic.
from News-Economic Times h… Read MoreWest Bengal, Meghalaya going slow on Jal Jeevan Mission- Centre tells the two statesJal Shakti ministry is pushing all states to immediately start works related to water supply and conservation in villages to help generate jobs for migrants returning from cities due to COVID 19 and is currently assessing eac… Read MoreDMK MLA Anbazhagan passes away on his birthday due to Covid-19The 62-year-old Anbazhagan undergoing treatment at the private hospital Dr.Rela Institute & Medical Centre here was in a critical condition.
from News-Economic Times https://ift.tt/2BJfS6v
… Read MoreSugar companies pin hopes on New Export Policy to clear stocksA meeting was held by minister Ram Vilas Paswan of the concerned departments on Monday to review the ongoing situation and discuss the policy measures for the next sugar season at a time when India is expected to produce 27MT… Read More
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