‘India ahead of US, China in Digital Transactions
India is head and shoulders above the US and China – the two biggest economies in the world – when it comes to digital transactions, claimed IT Minister Ashwini Vaishnaw.
Economy
News on Indian Economy
Self Sufficiency in Production of Oilseeds and Pulses
in order to enhance production and productivity of Oilseeds and Pulses, the Government of India is implementing National Food Security Mission (NFSM) on Oilseeds, Oil palm and Pulses.
For the First Time, Agri Exporters from the Remote Districts of India Connected to the International Buyers from USA, the UAE, and Japan
Under the Districts as Export Hubs initiative, the Directorate General of Foreign Trade (DGFT) under Department of Commerce in partnership with the Agricultural and Processed Food Products Export Development Authority (APEDA) and Invest India conducted a 2 Day Virtual Outreach Event connecting exporters from the Districts to the buyers outside India.
India for Implementation of Default Security Features in ORAN Telecom Networks
All the members during the discussion on Wednesday promised collaboration and support for building secured and trusted 5G networks, and the US representative supported India’s suggestion to implement security by design in open radio access network (O-RAN) components.
22.7 Lakh Loans Amounting to ₹ 2,243 Crore Have Been Disbursed to Street Vendors Under SVANIDHI Scheme
The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 is implemented by respective States/ Union Territories (UTs) by framing their respective Rules, Scheme, Bye-laws and Plan for Street Vending. So far, Rules under the Act have been notified by all the States/ UTs. Scheme has been notified by all the States/ UTs except Lakshadweep and Ladakh. Meghalaya has its own Street Vendors Act, 2014.
India’s 14 Tiger Reserves get Global CA/TS Recognition for Good Tiger Conservation
The event also showcased, the 14 Tiger Reserves in India which received the accreditation of the Global Conservation Assured|Tiger Standards (CA|TS). The 14 tiger reserves which have been accredited are Manas, Kaziranga and Orang in Assam, Satpura, Kanha and Panna in Madhya Pradesh, Pench in Maharashtra, Valmiki Tiger Reserve in Bihar, Dudhwa in Uttar Pradesh,Sunderbans in West Bengal, Parambikulam in Kerala, Bandipur Tiger Reserve of Karnataka and Mudumalai and Anamalai Tiger Reserve in Tamil Nadu.
More than 70% of Equipment Used in Generation of Wind Power Manufactured in India
Govt. have put in place a system of Approved List of Models and Manufacturers, and only equipment manufactured by manufacturers in the approved list is allowed to be used for Wind Energy Projects. More than 70 percent of the equipment is manufactured in India.
3 India-Based Enterprises Among UN Best Small Business Winners
Three Indian businesses are among the winners of a United Nations-sponsored global competition for the “Best Small Businesses” that provide creative, varied, and impactful solutions for increasing access to healthy and sustainable food.
Roads to be Built Along Indo-Nepal Border in UP to Connect SSB Outposts
Roads will be constructed in forests along the Indo-Nepal border in Uttar Pradesh to connect all Sashastra Seema Bal (SSB) outposts parallel to ”No Man”s Land” as per a Union home ministry order, a senior forest official said on Wednesday.
With An Aim to Further Improve Ease of Doing Business, Centre Launches the “Secured Logistics Document Exchange”
These digital initiatives have been launched to fill the gap areas where no action has yet been taken either by private players or any of the line ministries. The Launch Event was attended by more than 75 participants from the Central Ministries, Banks, IT companies, international organizations, logistics sector stakeholders and industry bodies.