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The PM announced several measures for senior citizens, farmers, pregnant women and home buyers Latest News   -   Business Standard   brings you its selection of 10 important takeaways from Prime Minister Narendra Modi's address to the nation on the New Year's Eve: Here are 10 important takeaways from Prime Minister Narendra Modi's address to the nation on the New Year's Eve: 1. The government will bear 60 days' interest on select farm loans. 2. In 2017, the government is bringing new housing schemes. a) On home loans of up to Rs 9 lakh, for poor and middle class people will get 4% exemption on interest; b) on loans of up to Rs 12 lakh, the exemption will be 3% 3. PM announced schemes for women: Rs 6,000 assistance for pregnant women. 4. "I am overwhelmed by the public support after demonetisation," said Modi. 5. Modi says honest taxpayers will get benefit. 6. Thirty million kisaan credit cards will be converted into RuPay cards, said the PM...

China to block India's NSG bid if Pakistan not included Mexican President Enrique Pena Nieto on Thursday assured Prime Minister Narendra Modi  of his country’s support to India’s bid for the membership of Nuclear Suppliers Group (NSG), even as China led five other countries at a meeting of the export control group in Vienna to stall the proposal. According to sources,  China  will approve of India’s membership only if Pakistan  is also included in the elite group. Modi, meanwhile, is likely to attend the Shanghai Cooperation Organisation (SCO) Summit in Tashkent, Uzbekistan, on June 23-24, where India and Pakistan are likely to be admitted to the six-member group. China had objected to India’s entry to the SCO as well. However, it had relented once Pakistan’s request to join the group was accepted. Mexican President Enrique Pena Nieto on Thursday assured Prime Minister Narendra Modi of his country’s support to India’s bid for the membership of Nuclear Sup...