News on Indian Economy
Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today inaugurated the latest technology Integrated Bamboo Treatment Plant in the premises of North East Cane and Bamboo Development Council (NECBDC).
The new zoological park is touted as the world’s fastest made ‘jungle safari’ and is billed to extend an exciting trip for viewers who can enjoy the scenic beauty of the hills and vivid wildlife to give an immersive and entertaining experience.
The Indian Government is making its first attempt to build a greenfield port and container transhipment hub near Kanyakumari in the Indian state of Tamil Nadu through the public-private partnership (PPP) route.
Several dying small scale industries in India are looking at a comeback with Prime Minister Narendra Modis thrust on Aatmanirbhar Bharat that also focuses on import reduction. Sentiments are also rapidly changing as the country hopes to register growth in the third quarter of the current financial year.
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.
The Scheme will benefit domestic manufacturers, help in creating employment and is expected to contribute to the availability of wider range of affordable medicines for consumers.
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.
Memorandum of Understandings signed between Cochin Shipyard Limited (CSL) and Dredging Corporation of India (DCI) and largest dredger maker of the world, Royal IHC Holland BV, in the presence of Shri Mansukh Mandaviya Minister of State (I/C) for Ports, Shipping and Waterways and Mr Marten van den Berg, Ambassador of Netherlands in New Delhi on Wednesday.
Construction of 56,368 houses have been approved under PMAY-U at 53rd Central Sanctioning and Monitoring Committee Meeting held here last evening. These houses are proposed to be constructed under various verticals of PMAY-U Mission. A total of 11 States/UTs attended the meeting.
In 2021, the Atmanirbhar Bharat Initiative (self-reliant India), Make in India and Digital India initiatives of the Indian government will be the centre stage of development.
