News on Indian Economy
Sunil Pawar, a young lad and his friends started this enterprise of selling giloy in local markets. A good samaritan in the form of Shri Arun Pansare saw their efforts and offered them a place to start their office. Once they started working from an office situated near the market area, more tribals came to know about it and started joining them.
Despite logistics and other challenges posed by Covid 19 lockdown HIL (india) Limited a PSU under Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertlizers ensured timely production and supply of pesticides for farming community.
NTPC Ltd. , the PSU under Ministry of Power and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum &Natural Gas, have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in Renewable Energy.
The Central Warehouse Corporation (CWC) achieved highest ever turnover of about Rs.1710 Crore during 2019-20.The Managing Director of CWC,Shri Arun Kumar Shrivasatavahanded over the Dividend Cheque of Rs 35.77 crore to the Union Minister for Consumer Affairs, Food and Public Distribution Shri Ram Vilas Paswan here today in the presence of Secretary, Food & Public Distribution, Shri Sudhanshu Pandey and other senior officers of the Ministry and CWC.Shri Paswancommended CWC for its good performance.
The Department of Agriculture, Cooperation and Farmers Welfare, Government of India is taking several measures to facilitate the farmers and farming activities at field level during the lockdown period in the wake of Covid 19 pandemic.
The widely popular Khadi face mask is set to go “global”. The Khadi and Village Industries Commission (KVIC) will now explore the possibility of exporting the Khadi cotton and silk face masks to foreign countries after the Ministry of Commerce and Industries lifted the ban on export of non-medical/ non-surgical masks of all types. A notification in this regard was issued on May 16, by the Directorate General of Foreign Trade (DGFT).
India will have an installed hydropower generation capacity of 70,000 megawatt (MW) by 2030, Aniruddha Kumar, Joint Secretary at the Ministry of New and Renewable Energy said last week in a webinar organised by industry body ASSOCHAM.
After a gap of about 5 months due to the Corona pandemic, “Hunar Haat”, which has become “Empowerment Exchange” of artisans and craftsmen from across the country, will restart from September 2020 with the theme of “Local to Global” and comparatively larger participation of artisans.
Bajaj Auto Ltd plans to enter Thailand with its premium motorcycle brands, including KTM, Husqvarna, Dominar and Pulsar NS series, by July 2020, said a senior company executive.
The Union Minister of Agriculture & Farmers’ Welfare, Shri Narendra Singh Tomar has said the Government is promoting Beekeeping as part of its aim to double farmers’ income. Addressing a webinar organised by the National Cooperative Development Corporation (NCDC), Shri Tomar said the Government has allocated Rs.500 crore towards Beekeeping under the Atma Nirbhar Abhiyan. He said India is among the world’s top five honey producers. Compared to 2005-06 honey production has risen by 242% and exports shot by 265%.
