Tesla to Set Up Electric Car Manufacturing Unit in Karnataka – Make in India
Elon Musk’s Tesla will set up an electric-car manufacturing unit in Karnataka, the southern Indian state’s government said in a brief statement.
Economy
News on Indian Economy
All Steel to be Allowed to be Used for Highway Construction
The Ministry of Road Transport and Highways has issued orders that all steel – whether produced from ore, billets, pellets or melting of scrap – would be allowed to be used for National Highway construction, as long as it meets the standards required for specific grades of steel. The steel proposed to be used would be tested in NABL-accredited laboratories as a third party check before approval. The move is based on the analysis and discussions with stakeholders and also technical opinion.
CDSL Becomes India’s First Depository to Open 3-Crore Active Demat Accounts
Central Depository Services Limited (CDSL) has become India’s first and only listed depository to open three crore plus (30 million) active demat accounts. CDSL is currently the largest depository in the country in terms of active demat accounts.
IRCTC New Payment Gateway Will Help You Book Train Ticket in Seconds. Details Here
In an effort to drive innovation and provide better services to passengers, the Indian Railways has made the ticket booking for train easier. The IRCTC has introduced a new facility to book these tickets without any hassle in a matter of seconds. The Indian Railway Tourism and Catering Corporation (IRCTC) has started its payment gateway IRCTC-iPay and it is now active for use by train passengers.
ISRO, MapmyIndia Join Hands to Take on Google’s Maps, Earth Products
Indian Space Research Organisation and location and navigation technology solutions provider MapmyIndia announced an initiative to partner together to offer India’s best, and fully indigenous, mapping portal and geospatial services.
Gadkari Launches India’s First Diesel-Converted CNG Tractor
Union Minister for Road Transport and Highways Shri Nitin Gadkari has said that the government is working towards achieving increased income for farmers by lowering costs, and creating job opportunities in rural India. Launching India’s first-ever diesel tractor converted to CNG, here today in the presence of Union Ministers Shri Dharmendra Pradhan, Shri Parshottam Rupala and Gen (Retd) Dr V K Singh, Shri Gadkari said, the most important benefit for the farmer will be to save more than one lakh rupees annually on fuel costs, which will help them to improve their livelihood.
11 Projects of INR. 2,560 Lakh have been Sanctioned Under National Beekeeping & Honey Mission (NBHM)
Keeping in view the importance of beekeeping as part of the Integrated Farming System in the country, government approved the allocation for Rs. 500 crore (US$ 68.66 million) for National Beekeeping & Honey Mission (NBHM) for three years (2020-21 to 2022-23). The mission was announced as part of the Aatmanirbhar Bharat scheme. NBHM aims for the overall promotion & development of scientific beekeeping in the country to achieve the goal of ‘Sweet Revolution’ which is being implemented through National Bee Board (NBB).
In A First, Indian Railways Passenger Coaches to Run on Solar Energy
Railway Minister Piyush Goyal on Thursday announced that Indian Railways have equipped nearly 60 passenger coaches with solar panel for meeting their light and fan power requirements. 10 non-air-conditioned coaches at Mathura to run in the Mathura-Alwar railway section, as well as 30 non-air-conditioned passenger coaches in the Lucknow-Varanasi railway section are to be equipped with solar power technology.
India Made App Koo Now has Over 3 Million Users
Koo, the Made in India social network platform, has seen a massive surge in the number of users in the last few weeks amid a spat between the Centre and Twitter. “We had two million users with about 1.5 million active users. Now, we have now crossed 3 million-mark,” Koo co-founder Mayank Bidawataka said, according to news agency PTI.
DRDO, ISRO To Help Develop Alternatives Like Metal-Ion To Counter China Dominated Lithium Battery Industry
In an effort to decrease the dependence on lithium ion batteries, an industry dominated by China, the Modi government is focusing on encouraging research on new technologies such as metal-ion and metal-air batteries, reports The Times of India.