News on Indian Economy
The airline that is promoted by Big Charter has received a No Objection Certificate from the Ministry of Civil Aviation and is in the process of getting Air Operators Certificate with a fleet of aircraft comprising ATR-72-500s and the Hindustan Aeronautics Limited (HAL)-manufactured Dornier Do-228 (Upgraded) civil aircraft.
It may be noted that Indian Railways is committed to utilize solar energy for meeting its traction power requirement and become a complete ‘Green mode of transportation’. This is in line with the recent directive of Hon’ble Prime Minister to solarise railway stations and utilize vacant railway land for Renewable Energy (RE) projects.
“In the next phase of digital lending between 2020 and 2025, it will go beyond tier I and II cities. By 2025, an estimated 55 to 75 per cent of loans that get booked will be digital in nature,” Handa said in a recent Indian Chamber of Commerce organised webinar.
The gross GST revenue collected in the month of August, 2020 is Rs. 86,449 crore of which CGST is Rs. 15,906 crore, SGST is Rs. 21,064 crore, IGST is Rs. 42,264 crore (including Rs. 19,179 crore collected on import of goods) and Cess is Rs.7,215 crore (including Rs. 673 crore collected on import of goods).
The online marketplace also provides end-to-end traceability and transparency through last-mile verification and extension infrastructure in a blockchain environment.
Union Minister for Road Transport & Highways Shri Nitin Gadkari today inaugurated through video link, three important bridges and two road improvement projects in the Gadchiroli district of Maharashtra. The Minister also laid foundation stones for four other major bridge projects across the rivers Wainganga, Bandiya, Perikota and Perimili. These projects are considered crucial for improving mobility for socio-economic development of the Gadchiroli district.
In a bid to provide connectivity, the Northeast Frontier Railways (NFR), has started laying tracks to connect the capital cities of Manipur, Mizoram and Nagaland which is to be completed by March 2023, top railway officials said.
The government has worked on clearing delayed payments and almost cleared 90 per cent of the pending dues of Micro, Small and Medium Enterprises (MSMEs) said, Anand Sherkhane, Additional Development Commissioner (ADC), of MSME ministry.
The Electronics and Computer Software Export Promotion Council (ESC) has submitted a roadmap to the government to achieve the target in which it has recommended to expand focus of existing electronics manufacturing schemes and incentives beyond mobile production along with some policy intervention.
The Flag Officer Commanding-in-Chief, Southern Naval Command (SNC) Vice Admiral Anil K Chawla, PVSM, AVSM, NM, VSM, ADC inaugurated a Plastic Waste Handling Facility at Naval Base Kochi on 29 Aug 20. He also released A BIRD BOOK titled “Kaleidoscope – Feathered Friends @ KatariBagh” on the occasion as part of environment friendly initiatives of SNC at Kochi.
