Economy

News on Indian Economy

Now LPG can be Transported Through Inland Waterways

A Memorandum of Understanding is signed between IWAI and MOL (Asia Oceania) Pte. Ltd for transportation of LPG (Liquified Natural Gas) through barges on National Waterways-1 and National Waterways-2, in the presence of Minister of Ports, Shipping and Waterways Shri Mansukh Mandaviya.

Record Foodgrain Production of 303.34 Million Tonnes

The second advance estimates of production of major crops reveal a record production of 303.34 million tonnes of food grains, which clearly outlines the tireless hard work of farmers, research by agricultural scientists, and farmer-friendly policies of the Central Government. All-round agricultural reforms will also benefit the country in the long run.

Cabinet Approves Production Linked Incentive Scheme for IT Hardware

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. The Target Segments under the proposed Scheme include Laptops, Tablets, All-in-One PCs andServers.