News on Indian Economy
To boost cooperation in the sector of e-waste recycling, NML signed a Memorandum of Understanding (MoU) for Technology Transfer with Unique India Private Limited, Firozabad, for the extraction of cobalt metal and salt from the black powder of lithium batteries.
According to an official press release, Singh said that nine medical colleges have also been sanctioned in Jammu and Kashmir in addition to the two AIIMS.
In a first in the country, tunnels have been bored under the Hooghly river to connect the twin cities of Kolkata and Howrah through the underwater metro rail system. The estimated cost of the entire East-West Metro corridor is Rs 8,574.98 crore. The remaining portion of the underground metro corridor is expected to be completed by 2021.
Gujarat has emerged as an important destination for an automotive manufacturing unit. Thus, the company intends to use the new factory at Gujarat to serve both the domestic and export demand. Currently, big car factories of Tata, Ford, Maruti Suzuki, Honda and two-wheeler units of Honda and Hero, among others are present in Gujarat.
According to the data by the RBI, the investments made by Indian firms in foreign countries in January 2020 increased by nearly 40 per cent to US$ 2.10 billion on a yearly basis.
The number of apprentices trained under Apprenticeship training program implemented by MSDE under the “Apprentices Act 1961” (amended up to 2014) during last three calendar years is 4.9 Lakh
In order to promote green, safe and sustainable mining practices using technology as a tool, Ministry of Coal (MoC) has launched a web portal for star rating of coal mines. Union Minister for Coal & Mines Shri Pralhad Joshi launched this portal in New Delhi today
Once the construction of the railway line, between Agartala in Tripura and Akhaura in Bangladesh, is completed, the first train would run from the Northeast region to Bangladesh on the eve of India’s 75th year of Independence in the year 2022.
The dozen state-owned major ports in the country have switched to renewable energy to meet their entire power requirements, making India the first nation to have all government-owned ports running on solar and wind energy.
“As per the data furnished by 79 companies operating in Defence and Aerospace sector, so far, FDI inflows of over Rs 1,834 crore have been reported after 2014 under both government and automatic route,” it said.
