National Economic Events in April 2000

Cabinet decides to amend the Foreign Trade Development and Regulation Act to enable imposition of Quantitative Restrictions on imports on a temporary basis in case of excessive imports.

RBI Credit policy statement withdraws stipulation restricting fixed rate term loans by banks to project funding.

Constitution of 100-member National Population Commission announced.

Lok Sabha passes Major Port Trusts (Amendment) Bill to enable port trusts to form joint ventures with the private sector, including foreign ports.