Make in India: German Footwear Maker Moves Production from China to India
The company will begin manufacturing at Agra in Uttar Pradesh in partnership with Iatric Industries Pvt Ltd.
Economy
News on Indian Economy
India May Impose Anti-Dumping Duty on Chinese Chemical
India may impose anti-dumping duty on imports of a certain type of industrial pigment, used as coating material to give shining effect, as the commerce ministry has initiated a probe for alleged dumping of the product from China.
Mineral Production During March 2020
The index of mineral production of mining and quarrying sector for the month of March, 2020 (Base: 2011-12=100) at 132.7, was exactly the same as compared to the level in the month of March, 2019. The cumulative growth for the period April- March, 2019-20 over the corresponding period of previous year has been (+) 1.7 percent. It is released by Mining & Mineral Statistics Division of Indian Bureau of Mines.
Primary Aim is to Address Concerns of Home-buyers to Ensure Completion of Projects – RERA
“With the enactment of Real Estate (Regulation and Development) Act, 2016 (RERA), the country got its first real estate regulator. RERA marked the beginning of a new era in the Indian real estate sector and a step towards reforming the sector, encouraging greater transparency, citizen centricity, accountability and financial discipline.
India Set to Harvest Record Food Grains, Oil-Seeds and Other Commercial Crops in 2019-20
The total food grain production in the country is estimated at record 295.67 million tonnes which is higher by 10.46 MT than 285.21 MT achieved during 2018-19, according to the third advance estimates for the crop year released by the Agriculture Ministry on Friday.
FM Announces Government Reforms and Enablers Across 7 Sectors
Hon’ble Prime Minister Shri Narendra Modi announced a Special economic and comprehensive package of Rs 20 lakh crore – equivalent to 10% of India’s GDP on 12th May 2020. He gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant India Movement. He also outlined five pillars of Atmanirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand.
Dairy Infra Push to Help Build 5-Crore Litres of Additional Capacities in India
Lauding the Finance Minister Nirmala Sitharaman’s announcements on animal husbandry sector under the Atmanirbhar Bharat Abhiyan made on Friday, dairy major Amul stated that financial outlay for dairy infrastructure would help add about five crore litres of extra milk processing capacities in the country.
FM Announces Structural Reforms Across 8 Sectors – Aatma Nirbhar Bharat
Hon’ble Prime Minister Shri Narendra Modi announced a Special economic and comprehensive package of Rs 20 lakh crore – equivalent to 10% of India’s GDP on 12th May 2020. He gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant India Movement. He also outlined five pillars of Atmanirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand.
Malaysia Signs Record rice Deal with India
Malaysia has agreed to import a record 100,000 tonnes of rice from India for shipment this month and next, in a further sign of improving trade relations between the countries after a diplomatic spat.
CSIR Lab to Reach Out North-East Villages Through Entrepreneurship Drive
North-East Institute of Science and Technology (NEIST) will make all possible efforts to reach out to about 500 villages of north-east India through its various entrepreneurship and skill development programmes in the aftermath of COVID-19 pandemic. This information has been given by Dr. G Narahari Sastry, Director of the institute. He was addressing the CSIR-NEIST fraternity on the occasion of the National Technology Day through e-mode.