The Union Cabinet chaired by Prime Minister Narendra Modi approved an interest subvention of 1.5 percent per annum on short-term agriculture loans up to Rs 3 lakh to ensure "adequate credit flow in the agriculture sector".
The MoU has been signed under the Bharatmala Pariyojana across the country to centralize freight consolidation and reduce logistics costs from 14% to less than 10% of GDP.
The Indian Air Force will retire one of its four remaining squadrons, MiG-21 fighter jets by 2022 September and the other three are scheduled to be phased out by 2025.
EXAMIANS