News on Indian Economy
Green hydrogen is a next generation fuel, with gas produced through electrolysis from water by using electricity generated through non-greenhouse gas (GHG) producing energy sources such as wind, solar or hydro. Hydrogen is also produced from others sources such as coal, oil and gas.
The gross GST revenue collected in the month of October, 2020 is ₹ 1,05,155crore of which CGST is ₹ 19,193 crore, SGST is ₹ 25,411 crore, IGST is ₹ 52,540 crore (including ₹ 23375crore collected on import of goods) and Cess is ₹ 8,011crore (including ₹932 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of October upto 31stOctober, 2020 is 80 lakh.
India retained its 34th position among 50 nations in the Nation Brand Index (NBI) 2020 in market research conducted by Ipsos in collaboration with Simon Anholt, an authority on the national image.
To meet the goal, the Central Leather Research Institute of India (CLRI) has taken it up to conduct a pan India foot survey to evolve indigenous ‘Footwear Sizing System’, post due evaluation and analysis of the survey-data.
The cabinet committee on economic affairs on Thursday approved a Rs 10,211-crore project to improve the safety and performance of select dams across India.
The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved that 100% of the foodgrains and 20% of the sugar shall be mandatorily packed in diversified jute bags.
NITI Aayog, Ministry of Power, Rockefeller Foundation, and Smart Power India launched the ‘Electricity Access in India and Benchmarking Distribution Utilities’ report on Wednesday.
Despite the low market share of electronic exports (0.3%), India ‘s marginal market share in the world market means that India still has an untapped ability to mass produce and export these electronic products to the world market.
According to a report by The Hindu BusinessLine, the Tata group is investing Rs. 5,000 crore (US$ 676.59 million) to set up a phone component manufacturing plant in Tamil Nadu.
The helicopter had reached Gauchar on Monday and started its work on Tuesday. The local officials told TOI that it will take three days for the entire machinery – tractors, dumpers and JCBs — to be transported to Kedarnath. The machines will be used for the second phase of redevelopment work in Kedarnath.
