Business Standard

Maharashtra Unfazed, Plans New Guarantees

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Renni Abraham BUSINESS STANDARD

The Maharashtra government is going ahead with fresh plans to back Rs 1,500 crore in medium-term loans with state government guarantees, unruffled by attachment orders issued by the Mumbai Debt Recovery Tribunal II and despite the reservations of the bureaucracy.

The tribunal

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First Published: Jan 09 2003 | 12:00 AM IST

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