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Govt to loan Rs 3,000 cr to financially strained rlys
For the first time in around two decades, Indian Railways would be taking a loan from the Union government. The ministry of finance approved one of Rs 3,000 crore last week. The railways ministry actually wanted a higher loan; it was also seeking a waiver of the requirement to pay a dividend (of about Rs 1,200 crore). Senior officials told Business Standard the interest rate would be 8.5 per cent and

Govt to loan Rs 3,000 cr to financially strained rlys

For the first time in around two decades, Indian Railways would be taking a loan from the Union government. The ministry of finance approved one of Rs 3,000 crore last week. The railways ministry

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Shankar Acharya: Roosting chickens, building crises

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Panel on school fee hike to start work from Dec 26
The Delhi government Friday told the Delhi High Court that the Justice Anil Dev Singh committee, set up to examine the accounts of private schools allegedly charging high tuition fees, can start working from Monday (Dec 26).

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Unaided private schools seek amendments in RTE
22, (IANS) Representatives of 'budget private schools' -- unaided private institutions which often cater to weaker sections of society -- from eight states Thursday formed an alliance advocating amendments in the government's education policies.

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Bhopal hospital staff seek pay hike, government gets notice
The Supreme Court Monday asked the central government for its response to the demand by a Bhopal hospital's staff for wage hike and parity with employees of other federal government hospitals.

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