About 93% of the FY24 budgetary allocation of ₹60,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been released, a person familiar with the details told ET. This has prompted the rural development ministry to seek “substantial” supplementary demands for funds to run the scheme throughout this fiscal year, he said.
Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO
Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including