News on Indian Economy
Prime Minister Narendra Modi on Saturday launched a massive employment -cum- rural public works Campaign named ‘Garib Kalyan Rojgar Abhiyaan’ to empower and provide livelihood opportunities in areas/ villages witnessing large number of returnee migrant workers affected by the devastating COVID-19.
Global nuclear power major Russia’s Rosatom on Friday said the ship with equipment for two 1,000 MW atomic power plants coming up in Tamil Nadu has left the Saint Petersburg port for India.
State-run and low-cost carriers can operate feeder services under the Ude Desk ka Aam Naagrik (UDAN) regional connectivity scheme between Shivamogga and Bengaluru, Mysuru, Mangaluru, Belagavi, Kalaburagi and Bidar across the state.
Shri Pralhad Joshi, Union Minister for Coal, Mines and Parliamentary Affairs launched SATYABHAMA (Science and Technology Yojana for Aatmanirbhar Bharat in Mining Advancement) Portal for Science and Technology Programme Scheme of Ministry of Mines on 15th June 2020. The portal has been designed, developed and implemented by National Informatics Centre (NIC), Mines Informatics Division. Shri Sushil Kumar, Secretary, Ministry of Mines and other senior officials of the Ministry were also present.
A Memorandum of Understanding has been signed between Ministry of Housing & Urban Affairs and Small Industries Development Bank of India (SIDBI), here today, in order to engage SIDBI as the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) – a Special Micro-Credit Facility for Street Vendors.
In a move to tap into the expertise of past sporting champions for grassroot-level training of athletes and also to ensure a sustained source of income for them in the sports ecosystem, the Sports Ministry has decided to establish 1000 Khelo India Centers (KIC) at the district level across the country.
As the chorus for boycotting Chinese products grows amid the ongoing border tensions, realty body CREDAI now has asked its member developers to lower their dependence on Chinese goods and instead turn to the Indian substitutes.
India’s rice production is likely to surge to a record high as farmers are expanding the area under paddy because of good monsoon rains and after the government raised the price at which it will buy the new-season crop.
Panel of selected candidates has been approved for 56,378 Candidates (26968 ALPs, 28410 Technicians) out of 64371 vacancies (27795 ALPs, 64371 Technicians). Appointment letters have been issued to 40,420 candidates (22223 ALPs, 18197 Technicians). Training of newly recruited 19,120 candidates (10123 Assistant Loco Pilots (ALPs), 8997 Technicians) to resume as soon as COVID lock down related measures ease out. Training process take 17 weeks for ALPs, 06 months for Technicians.
A Chinese engineering major is set to lose a significant contract with the Indian Railways, and the Department of Telecommunications (DoT) has conveyed to state-owned Bharat Sanchar Nigam Ltd (BSNL) not to use Chinese-made equipment in its upgradation, top sources in both sectors said on Thursday.
