News on Indian Economy
Jal Jeevan Mission was launched in August 2019 and in 7 months of 2019-20, around 84.83 lakh rural households were provided with tap connections. Further, amidst CoVID-19 pandemic, since Unlock-1, about 45 lakh tap connections have been provided so far in the year 2020-21.
Upon the recommendations of Ministry of Panchayati Raj and Department of Drinking Water and Sanitation, Ministry of Jal Shakti, an amount of Rs.15187.50 crore, as grants-in-aid, in respect of 2.63 lakh Rural Local Bodies (RLBs) spread in 28 States of the country has been released by the Ministry of Finance on 15th July 2020.
With an aim to increase trade and connectivity, India and Bhutan on Wednesday opened a new land trade route. The trade route will link West Bengal’s Jaigaon with Ahlay, Pasakha in Bhutan.
Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh today launched the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crores, which was approved by the Union Cabinet on 24.06.2020 under the Atma Nirbhar Bharat Abhiyaan stimulus package for ensuring growth in several sectors. Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi was also present on the occasion.
The export, of coir and coir products from India worth Rs 2,757.90 crore (US$ 391.25 million) for the year 2019-20, registers an all-time high record, which is around Rs 30 crore (US$ 4.26 million) higher than that of the last year i.e. 2018-19 which stood at Rs 2,728.04 crore (US$ 387.01 million).
One of the deputies to Iran’s Ports and Maritime Organization, Farhad Montaser said the story was “totally false because Iran has not inked any deal with India regarding the Chabahar-Zahedan” railway, reported Al Jazeera on Wednesday.
Union Minister of State (I/C) Shri Mansukh Mandaviya praised the CSL for grabbing contract to build world’s first fully automatic electric vessel for ASKO Maritime, Norway & laying historic milestone in Shipbuilding Industry. Shri Mandaviya said that CSL grabbed the contract by competing with various global shipyards and with its good credibility & history.
The tunnel, which will have close proximity to China, has been proposed amid heightened military tensions between the 2 countries which resulted in a skirmish, leading to the deaths of 20 Indian jawans at the contested Galwan Valley in Ladakh. A fourth-round of meetings between the Lieutenant Generals of the two countries is scheduled to take place today.
The South Central Railway has commissioned the largest state-of-the-art Electronic Interlocking (EI) system at Gooty yard that will enable operation of more passenger and freight trains in key routes and hassle-free handling of them.
India’s Khanij Bidesh India (KABIL) has signed an initial agreement with Argentinian mining company Jujuy Energia y Mineria Sociedad del Estado (JEMSE) for the exploration and production of lithium, as India strives to establish a robust battery supply chain in order to meet its ambitious targets for electric vehicle (EV) uptake.
