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Export-Import Bank of India Amendment Bill, 2011, passed by parliament .


Date: 28-12-2011
Subject: Export-Import Bank of India Amendment Bill, 2011, passed by parliament

New Delhi-Approval to the Export-Import Bank of India Amendment Bill, 2011, as the Rajya Sabha adopted it . The Bill was passed by the Lok Sabha earlier.

It aims at promoting international trade by raising the capital funds of overseas trading from two thousand crore rupees to ten thousand crore rupees.

Replying to the debate on the Bill, Minister of state for Finance, Namo Narain Meena said the EXIM Bank has been consistently making profit. It has achieved a strong business growth. New delhi-Approval to the Export-Import Bank of India Amendment Bill, 2011, as the Parliament adopted it. The Bill was passed by the Lok Sabha earlier.

It aims at promoting international trade by raising the capital funds of overseas trading from two thousand crore rupees to ten thousand crore rupees.

Replying to the debate on the Bill, Minister of state for Finance, Namo Narain Meena said the EXIM Bank has been consistently making profit. It has achieved a strong business growth.

Source : onlineindiannews.com


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