New Delhi, June 19 (IANS) India and Japan on Tuesday discussed cooperation in the areas of maritime security and counter-terrorism among other issues during the fifth dialogue under the 2+2 mechanism that involves and foreign and defence policies of the two sides, a statement said.
"Both sides reviewed the entire gamut of India-Japan relations and discussed issues having overlapping foreign policy and security dimensions of India-Japan cooperation and consultations," the External Affairs Ministry said in a statement. "Both sides reaffirmed their common desire to build on the strong foundations of bilateral cooperation and exchanges in order to forge a relationship of mutual benefit," it said. "In this context, both sides discussed measures to strengthen cooperation in fields such as counter-terrorism, maritime security, defence equipment and technology, peacekeeping operations, etc." India and Japan, along with the US and Australia, are part of a quad that was revived late last year that aims to work for peace and prosperity in the Indo-Pacific region. India and Japan elevated their bilateral relationship to that of a Special and Strategic Global Partnership during Prime Minister Narendra Modi's visit to Japan in 2014 for the annual bilateral summit with his Japanese counterpart Shinzo Abe and, according to the statement, Tuesday's meeting was held in keeping with this. "The discussions, which also centred on important issues covering regional and global dimensions, helped to further underscore the shared values and interests between India and Japan," the statement added. The 2+2 vice-ministerial dialogue was led by Foreign Secretary Vijay Gokhale and Defence Secretary Sanjay Mitra on the Indian side while the Japanese side was led by Deputy Minister for Foreign Affairs Takeo Mori and Vice-Minister of Defence for International Affairs Ro Manabe.
Mumbai, June 19 (IANS) The Reserve Bank of India (RBI) on Tuesday enhanced the housing loan limits under priority sector lending (PSL) to Rs 35 lakh in metropolitan centres under the affordable housing scheme.
The RBI in its Second Bi-Monthly Monetary Policy Statement 2018-19 had decide to enhance the limit for eligibility for PSL under the scheme.
"With a view to bringing convergence of the Priority Sector Lending guidelines for housing loans with the Affordable Housing Scheme, and to give a filip to low-cost housing for the economically weaker sections and low income groups...," the RBI said in a notification.
"... the housing loan limits for eligibility under priority sector lending will be revised to Rs 35 lakh in metropolitan centres (with population of ten lakh and above), and Rs 25 lakh in other centres, provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed Rs 45 lakh and Rs 30 lakh, respectively."
Furthermore, the RBI said that existing family income limit of Rs 2 lakh per annum, for loans to housing projects exclusively for the purpose of construction of houses for EWS and LIG, has been revised to Rs 3 lakh per annum for EWS and Rs 6 lakh per annum for LIG, in alignment with the income criteria specified under the Pradhan Mantri Awas Yojana.
In addition, loans to individuals up to Rs 28 lakh in metropolitan centres and Rs 20 lakh in other centres, will be eligible to be classified under priority sector, "provided that the cost of dwelling unit does not exceed Rs 35 lakh and Rs 25 lakh, respectively".