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Govt lays down four year long plan for bank capitilisation
He added that it is a long overdue step that Government in the past has talked about.
But this time government is actually implementing it, he said.
This will gave a boost for investment and growth in India, Jaitley said.
He was speaking in connection with the supplementary demand for grants of 2015-16 being laid in the Parliament, in which Rs 12000 crore has been provided for bank capitalization. Government also proposes to make available Rs.70,000 crores out of budgetary allocations for four years.
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