Government says no to rate cut
New Delhi: The central government is not planning any review of the administered interest rate regime now, says Expenditure Secretary D Swarup. Talking to reporters he said: "At the moment there is no proposal to review the rates."

This comes at a significant time as Finance Minister Jaswant Singh will present a vote-on-account for the first four months of 2004-05, where he is expected to outline the fiscal position of the central government.
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Mini-Exim policy to be announced today
New Delhi: With a double-digit export growth looming large over the nation, the Indian government may announce a mini-Exim Policy today with a focus on reduction of transaction costs and sops for sectors like textiles, where quotas will be phased out from January 2005.

Commerce Minister Arun Jaitley updated the Prime Minister's Office on Tuesday evening about the export scenario and the policy stance of the government.
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