Mumbai, June 24 (IANS) Maharashtra Industries Minister Uday Samant on Wednesday presented a Bill in the State Legislative Assembly to drastically expand the borrowing capacity of the Maharashtra Industrial Development Corporation (MIDC), officials said. The proposed amendment to the Maharashtra Industrial Development Act, 1961, lifts the corporation’s decades-old borrowing cap from a meagre Rs 75 crore to a massive Rs 6,000 crore. The Bill is expected to come up for discussion on Thursday in the…
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