News on Indian Economy
According to an ANAROCK Property Consultants report, it is expected that top 8 Indian cities will add around 10 million sq ft data center space in the next 2-3 years aided by data localization norms and the massive digital push initiated by the COVID-19 pandemic.
Vijaynagar, the easternmost and one of the remotest administrative circles of the state along the India-Myanmar border, takes around six to eight days to reach on foot through dense forests from the nearest town Miao, which is around 157 km away.
DigiYatra facility, which is an initiative of the civil aviation ministry and the Bureau of Civil Aviation Security (BCAS), seeks to minimise paperwork for air travel under a digital system or e-boarding process for airport entry and boarding flights using documents such as a passenger’s Aadhaar number and mobile phone number.
As announced in the current year’s Union Budget by Finance Minister, Indian Railways is introducing first “Kisan Rail” from Devlali to Danapur tomorrow on 07/08/2020 at 11:00 hrs from Devlali. The train will be flagged off via video conferencing by Union Minister of Agriculture and Farmers Welfare, Rural Development and Panchyati Raj, Shri Narendra Singh Tomar and Minister of Railways and Commerce & Industry, Shri Piyush Goyal.
NTPC group’s monthly power generation rose by a robust 13.3% to 26.73 BUs in the month of July’20 compared to 23.59 BUs in June’20.
Under the Government’s flagship financial inclusion drive Pradhan Mantri Jan Dhan Yojana (PMJDY), which was launched about six years ago by the Modi-government, more than 40 crore bank accounts have been opened so far.
Foreign Direct Investment (FDI) Policy, 2017 was amended vide the Press Note 4 of 2019, issued by the Central Government, to permit 100% FDI under automatic route in coal mining activities including associated processing infrastructure, for sale of coal, subject to the provisions of Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957 as amended from time to time and other relevant Acts on the subject.
The ropeway will boost pilgrimage tourism in Jammu as it connects three temples, Jamvant Gufa Peerkho, Mahamaya Temple and Bahu Fort Temple.Lieutenant Governor Girish Chandra Murmu inaugurated the ropeway service from the Bahu Fort temple to Mahamaya temple in Jammu.
The Unified Payments Interface (UPI) at 1.49 billion transactions has recorded the highest volume in July for the second consecutive month. This is considered as a positive sign of Indians adopting mobile-based digital payments over cash during the ongoing coronavirus pandemic.
The Paradip-Haridaspur new rail line project in Odisha has recently reached its final stage of completion and was scheduled to be inaugurated in March 2020 when the COVID-19 pandemic hit.
