News on Indian Economy
A special focus of the initiatives that TRIFED has been implementing in its mission to integrate the tribal population towards mainstream is on empowering and upskilling tribal women. Among the various initiatives that have been geared at improving the lives and livelihoods of tribal women, the Van Dhan Yojana stands out because of the impact it has been able to generate.
Speaking on the occasion, Smt. Smriti Zubin Irani said that India will be fully Atmanirbhar in Silk production in the next two years. She said that raw silk production in the country has increased 35% in the last six years. The Minister informed that more than 90 lakh people have got employment in raw silk production. Addressing
Prime Minister Shri Narendra Modi will inaugurate ‘Maitri Setu’ between India and Bangladesh on 9th March 2021 at 12 noon via video conferencing. Prime Minister will also inaugurate and lay the foundation stone of multiple infrastructure projects in Tripura during the event.
Cultivation of aromatic plants has given them additional income. They have extracted essential oil from the improved variety of wild marigold (Tagetes minuta)that has been introduced, and the profit from wild marigold oil has doubled the income of farmers as compared to traditional maize, wheat and paddy crops.
The reserves, which have been steadily increasing over the last few months, had touched an all-time high at $590.185 billion for the week ended January 29 this year
L N Mittal will also be meeting Gujarat Chief Minister Vijay Rupani as well. Commenting on the MoU, Mittal said that he was happy to partner with the Odisha government in setting up the integrated steel complex in Kendrapara.
A 200-feet Bailey Bridge, built by Border Roads Organisation (BRO) in Reini Village on Joshimat – Malari road across the Rishiganga River was thrown open for public on March 03, 2021. With this, BRO has restored connectivity, in a record time of 26 days, to the 13 border villages of Uttarakhand’s Chamoli district that were cut off due flash floods on February 07, 2021.
Geospatial mapping is a buzzword today with the Govt. of India liberalizing the sector. There is another side of mapping that could transform the food security program of India; soil maps, which could be accessed using differential GPS (DGPS), developed by researchers at (Indian Institute of Technology Kharagpur) IIT, Kharagpur for a variable rate of fertilization application in farmlands.
Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India. It has been the endeavor of the Government to put in place an enabling and investor friendly FDI policy.
In a major boost to India’s rice exports potential, the first consignment of ‘red rice’ was flagged off today to the USA.Iron rich ‘red rice’ is grown in Brahmaputra valley of Assam, without the use of any chemical fertilizer. The rice variety is referred as ‘Bao-dhaan’, which is an integral part of the Assamese food.
