June 29, 2026

Economy

News on Indian Economy

Economy Governance

PLI Scheme to Herald A New Era in Mobile Phone and Electronic Components Manufacturing

Ministry of Electronics and Information and Technology (MeitY) has approved 16 eligible applicants under the PLI Scheme.Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing notified on 1st April, 2020,extends an incentive of 4% to 6% on incremental sales (over base year) of goods under target segments that are manufactured in India to eligible companies, for a period of five years subsequent to the base year (FY2019-20).

By Kautilya / October 8, 2020
Infrastructure

$60 Billion Investment Being Made in the Gas Infrastructure: Shri Pradhan

Expanding the reach of environment friendly Compressed Natural Gas (CNG) in various areas, Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan today dedicated 42 CNG stations and 3 City Gate Stations of Torrent Gas to the service of the community. All CNG stations and City Gate Stations were connected through video conference during the event with the Minister.

By Kautilya / October 8, 2020
Economy

Exports Rise 5.27% in September, Trade Deficit Narrows to $2.91 Billion

India’s exports rose, led by growth in outbound shipments of cereals, carpets, rice, oil and iron ore, after a six-month break in September. Exports rose 5.27 percent year-on-year to $27.4 billion in September, while imports dropped 19.6 percent, leaving a $2.91 billion trade deficit, preliminary data released by the Ministry of Trade and Industry showed. In September 2019, the trade deficit narrowed from $11.67 billion.

By Kautilya / October 7, 2020
Economy Food and Frolic Governance

MoHUA Joins Hands with Swiggy to Take Street Food Vendors Online Under PM SVANIDHI Scheme

As a part of Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme, Ministry of Housing & Urban Affairs (MoHUA) has entered into an MoU with Swiggy, the leading food ordering and delivery platform in India, to onboard street food vendors on its ecommerce platform, giving them online access to thousands of consumers and help these vendors grow their businesses.

By Kautilya / October 7, 2020