MP cabinet approves 10 translators for AAG office

BHOPAL: State cabinet has given sanction for creating ten posts of translators for the office of additional advocate general, New Delhi. Government also decided to provide guarantee for short-term loan of Rs 900 crore obtained for working capital arrangements by three power companies in the month of June 2016 from the Power Finance Corporation. Payment at the rate of 0.5% per annum as guarantee charges will be paid by the companies to the state government towards loan guarantee.Cabinet also ratified to deposit the available amount with the agency recognizing prescribed value as stable towards land allotment sanction for construction of office and residential building of central administrative tribunal, Jabalpur.
The cabinet has also ratified the Madhya Pradesh IT, ITES Investment Promotion Policy-2016.