Economy

News on Indian Economy

Economy Governance

Make in India Initiative Focuses on 27 Sectors Under 2.0: Centre

Minister of State in the Ministry of Commerce and Industry, Mr. Som Parkash in a written reply to the Rajya Sabha reviewed the progress made in the country on account of the ‘Make in India’ movement that began in 2014. He highlighted that the development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first ‘Vocal for Local’ initiatives that exposed India’s manufacturing domain to the world. The sector has the potential to not only take economic growth to a higher trajectory but also to provide employment to a large pool of our young labour force.

By Kautilya / July 31, 2021

Defense Infrastructure

Indo-China Border: 73 Critical Roads Being Developed on Priority, Says Centre

The government is focusing on enhancing the road infrastructure along the India-China border for which it has identified 73 critical roads of 4,203 km that are being accorded highest priority with dedicated funding.

By Kautilya / July 31, 2021

Economy

Azad Engineering to Supply Critical Aviation Components to Boeing

Azad Engineering, a city-based maker of supercritical rotating components used in the aerospace industry has won a contract from Boeing to manufacture and supply critical aviation components and parts, the company said on Monday.

By Kautilya / July 30, 2021

Governance Infrastructure

33,764 Km Natural Gas Pipeline Network Authorized to Create A National Gas Grid for Availability of Natural Gas Across the Country

As on 31.03.2021, Petroleum and Natural Gas Regulatory Board (PNGRB) has authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national gas grid and increase the availability of natural gas across the country

By Kautilya / July 30, 2021

Infrastructure

Kandla Becomes First Green SEZ

Kandla SEZ (KASEZ) was awarded IGBC Platinum Rating on Monday. KASEZ is the First Green SEZ to achieve the IGBC Green Cities Platinum Rating for Existing Cities.

By Kautilya / July 30, 2021

Economy

In A Big Boost to AgriBusiness, First Consignment of Vegetables Exported to UAE from Uttarakhand

In a major boost to agricultural produce exports from Uttarakhand, first consignment of vegetables including curry leaf, okra, pear and bitter gourd sourced from the farmers of Haridwar, was exported today to Dubai, United Arab Emirates.

By Kautilya / July 30, 2021

Economy Governance

NSDM Envisages to Train A Minimum of 300 Million Skilled People by the Year 2022

Ministry of Skill Development and Entrepreneurship has launched the National Skill Development Mission (NSDM) to provide the overall institutional framework to rapidly implement and scale up the skill development efforts across India. NSDM envisages totrain a minimum of 300 million skilled people by the year 2022.

By Kautilya / July 30, 2021

Infrastructure

NTPC Group Total Installed Capacity Touches 66875 MW with New Unit of 800 MW at NTPC Darlipali

NTPC Ltd, India’s largest integrated energy company installed capacity touches 66875 MW after the 2nd Unit of 800 MW capacity (2*800 MW) at NTPC Darlipali in Odisha has successfully completed its trial operation.

By Kautilya / July 29, 2021

Economy

Uniqlo Launches e-Commerce Operations in India

Japanese apparel retailer Uniqlo, which entered India in 2019 through the single brand FDI retail route, is launching its full-fledged e-commerce operations in the country.

By Kautilya / July 29, 2021

Governance Infrastructure

Tap Water Supply Reaches 66% Schools & 60% Anganwadi Centres

In the wake of Covid-19 pandemic, to ensure clean tap water supply to children in schools, anganwadi centres and ashramshalas (residential schools) for their wellbeing and better health as envisioned by Prime Minister Shri Narendra Modi, on 2nd October, 2020, a campaign was launched to make provision of tap water supply in these institutions. In less than ten months since the launch of this campaign, provision of tap water has been made in 6.85 lakh (66%) schools, 6.80 lakh (60%) anganwadi centres (AWCs)and 2.36 lakh (69%) Gram Panchayats and Community Healthcare Centres (CHCs) in villages across India.

By Kautilya / July 28, 2021

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