The Cabinet Committee on Economic Affairs, CCEA, on Thursday approved a proposal for additional funds under the interest subsidy scheme to the tune of over 2000 crore rupees. This scheme has been extended for the small and medium enterprises till March next year. It also covers handicrafts, handloom and carpet sector. An official release issued in New Delhi says, 1654 crore rupees have been released by the Reserve Bank of India as the interest subsidy claims so far.

In another decision, the CCEA approved the proposal of Japan International Cooperation Agency, assisted Yamuna Action Plan Phase III project at Delhi. It is estimated to cost 1645 crore rupees and will be implemented jointly by the Japanese agency and the government of Delhi in a period of seven years.