News on Indian Economy
Trishul Military Airbase, Bareilly belongs to the Indian Air Force and the land was handed over to the Airport Authority of India for construction of the interim civil aviation operations. The Government of India sanctioned Rs. 88 crores under the UDAN scheme for the development of the interim civil aviation operations. The upgradation was undertaken by the AAI with a cost of Rs. 65 crores.
Women Technology Parks are established in rural and peri-urban areas as technology modulation, adaptation and training Centers for women groups mainly from farming community.
State run Container Corporation of India (Concor) will start the process to manufacture its containers in India, which will result in a lower reliance on Chinese imports, Financial Express has reported.
India is moving in to fill the vacuum left by China for Australian resources and wine, with a free-trade agreement between Canberra and New Delhi gathering momentum under efforts by Prime Minister Scott Morrison to unlock new markets for Australia, a news report said over the weekend.
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.
