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Assocham welcomes Govt decision on interest subvention

New Delhi, Feb 21 (UNI) Industry Chamber Assocham today welcomed the government's decision for extending relief to exporters by way of providing interest subvention to mitigate their hardships on account of rupee appreciation.

In a statement issued here, the Assocham President Venugopal N Dhoot said that the exporters were expecting relief package as indications were dropped from various policy makers and described it a good decision which was announced without any delay.

UNI PBB PDT AS1711

Romania and Bulgaria become part of EU

BUCHAREST/SOFIA, Jan 1: Millions of Bulgarians and Romanians awoke today as citizens of the European Union after a night of fireworks and street parties celebrating their countries' entry into the bloc at midnight.Deemed too politically and economically backward for membership during the EU's first eastward expansion in 2004, the Black Sea neighbours squeezed through the door in what political analysts say was the last chance to join this decade.The accession of the poor, ex-communist duo raises the.....
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