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Cabinet Approves 3-Year Loan Repayment Moratorium For Cochin Port Authority

The cabinet committee on economic affairs, chaired by Prime Minister Narendra Modi, has “approved a moratorium of three years (2020-21, 2021-22 & 2022-23) to Cochin port authority towards repayment of the balance outstanding government of India loans amounting to Rs 446.83 crore to tide over the financial crisis due to Covid pandemic”, it said.

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