Railways says rate of interest on advances to contractors revised - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Railways says rate of interest on advances to contractors revised

Contractors that are executing capital intensive projects worth more than Rs 25 crore are eligible to seek advances from the railways. But it seldom happens due to the strict nature of advance disbursal at zonal level and the terms under which this is allowed.

from Industry-Economic Times
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