Joshi said that government has requested all parties, especially the opposition, for their co-operation for the smooth functioning of both Houses of Parliament

The fund allocation to PSBs will be crucial to restore the health of the banks which have been grappled with various issues, such as rising bad loans, delays in resolution of large cases under the insolvency and bankruptcy code and liquidity crisis

The Sebi probe had begun soon after the crisis came to light at IL&FS group last year, following huge defaults by various entities which together had a debt burden of over Rs 90,000 crore

The move will not only address the issue of deficiency of telecom coverage in the country, particularly remote areas, but this segment could also be money spinner for Power Grid.

Agarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper, spending precious foreign exchange.