Date:25/07/2006 URL: http://www.thehindubusinessline.com/2006/07/25/stories/2006072504470900.htm

Back Assocham plea to RBI

Our Bureau

New Delhi, July 24

Assocham has suggested to the RBI to evolve schemes for credit flow to sectors such as manufacturing, agriculture and agri-business, small, medium and tiny enterprises, rural housing and infrastructure development.

As the quarterly review of the RBI's monetary policy for 2006-07 is due on Tuesday, the chamber has said that there should be a supportive environment to encourage new investments in the core sector, particularly in neglected areas of infrastructure development.