News on Indian Economy
Prime Minister Shri Narendra Modi unveiled a plaque to mark the laying of foundation stone of Atal Bihari Vajpayee Medical University in Lucknow today. Governor of Uttar Pradesh Smt Anandiben Patel, Chief Minister Shri Yogi Adityanath, Deputy Chief Ministers, and other dignitaries were also present on the occasion.
The decision to construct a strategic tunnel below the Rohtang Pass was taken by former PM Vajpayee. It will reduce the distance between Manali and Leh by 46 kilometres.
Shimla railway station superintendent Prince Sethi said “The train is fully air-conditioned with 15 seats in each coach. It also has reversible chairs, inbuilt toilet and mobile charging points. The train has see-through glasses on all four sides to provide a better view of outside, so that tourists can enjoy scenic beauty of the hills.”
The Cabinet on Tuesday approved signing of the protocol to amend the air services agreement between India and Switzerland, which will allow a number of airlines to start flight operations between the two countries.
In view of the centrality of cross-border energy cooperation in India-Bangladesh bilateral partnership, the 2nd Project Review Monitoring Committee (PRMC) met in New Delhi last week.
Current challenges faced by the Indian economy represent short-term pain for the long-term gain imposed by multiple structural changes. And, that economic growth in 2020 will be higher than in 2019 because structural reform will start paying off.
Accordingly, the work of modernization of signalling system on entire Indian Railway network has been included in Works Programme 2018-19 at a cost of Rs. 77,912 Crores, to be implemented after approval of NITI Aayog, Extended Board for Railways (EBR) and sanction of CCEA.
The company has received one order for an amount of Rs 34.18 crore from Satish Dhawan Space Centre SHAR, ISRO, for supply of subsystems of Wind Profiler Radar. The another order is of an amount of Rs 8.80 crore from the Government of India, Ministry of Defence, for the supply of satellite communication equipment.
The ‘Guardian’ feature uses real-time data from rides to automatically detect irregular trip activity, including prolonged stops and unexpected route deviations.
Shri. Prem Singh Tamang, Chief Minister, Sikkim laid the foundation stone of Integrated Organic Food Processing units of Sikkim IFFCO Organics Ltd. in Rangpo, East Sikkim in the presence of Union Minister of Agriculture & Farmers Welfare Shri Narender Singh Tomar along with Shri L. B. Das, Speaker, Sikkim Legislative Assembly, Shri Lok Nath Sharma, Minister of Agriculture, Government of Sikkim and Dr. U. S. Awasthi, MD, IFFCO. Sikkim IFFCO Organics Ltd.
