The Cabinet Committee on Economic Affairs chaired by Prime Minister Mr. Narendra Modi in its meeting yesterday considered and approved the proposal of Department for Promotion of Industry and Internal Trade for Central Sector Scheme for Industrial Development of Jammu & Kashmir. The scheme is approved with a total outlay of Rs. 28,400 crore (US$ 3.88 billion) upto the year 2037.
India’s seventh Trade Policy Review (TPR) began on Wednesday, 6th January 2021, at the World Trade Organization in Geneva. The TPR is an important mechanism under the WTO’s monitoring function and involves a comprehensive peer-review of the Member’s national trade policies. India’s last TPR took place in 2015.
India on Wednesday handed over a cheque of Nepali Rs 306 million for the reconstruction of earthquake affected schools here.
The Reserve Bank of India (RBI) in its recent announcement has confirmed the commencement of testing under the first cohort of Regulatory Sandbox on Retail Payments by Eroute Technologies. Digital payments, which were believed to be possible and dominated only by the internet-connected smartphone user segment, will soon be available to every mobile user in India including those using a non-smartphone or a ‘feature’ phone means a phone that doesn’t have an internet connection.
Dedicated Freight corridor, whose Rewari – Madar section on Western corridor, was dedicated to the Nation by Prime Minister Shri Narendra Modi today, is going be the game changer in economic development of the country.
After signing the Basic Exchange and Cooperation Agreement or BECA with the United States of America late last year, India is readying to sign a major agreement with France, leading for closer defence cooperation, particularly between the two navies.
The government will ensure that “the best of weapons and protective armour” are provided to the soldiers, Minister of State for Defence Shripad Naik said Wednesday. Naik handed over the 100,000th Bullet Proof Jacket (BPJ) to Army Chief General M M Naravane at a ceremony here, the Defence Ministry said in a statement.
100,000 Wi-Fi systems indigenously designed, developed, and manufactured by HFCL Limited, (previously known as Himachal Futuristic Communications) were delivered in record time. The company acknowledges that Wi-Fi Access Network Interface or WANI together with the enthusiastic BharatNet initiative of the Centre would increase broadband availability in rural India.
The MRSAM is an advanced path-breaking air and missile defence system that provides ultimate protection against a variety of aerial platforms. Defence experts say that it can shoot down enemy aircraft at a range of 50-70 kms. The system includes an advanced phased-array radar, command and control, mobile launchers and interceptors with advanced RF seeker.
Under the partnership, Makers Lab will provide its real-life technological expertise to CME officials and assist them in getting the nuances of next-generation technologies such as artificial intelligence (AI), Machine Learning (ML), Robotics, Internet of Things (IoT), Augmented Reality and Virtual Reality (AR/VR) to make them future-ready for modern-day warfare, the company said in a statement.
