The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
Terming his discussions as 'fruitful and productive', Modi said the discussions were wide ranging, covering the entire spectrum of the bilateral engagement.
Finance Minister Arun Jaitley announced slew of reforms for the masses.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
The Singapore Minister applauded Prime Minister Modi's effort to make India the manufacturing hub of the world.
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
Jaitley said the global volatility has thrown up challenges
There is a link between objectives and commitments.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Jaitley said growing at 8-10 per cent for a significant number of years will help India find an answer to poverty.
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
Shifting to a PPP model could repeat the errors of the past
Budget in the medium term aims to kick-start the investment cycle.
'It is important to improve the quality of spending.'
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
NDA government has shunned populism.
Indian economy about to take-off
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