News on Indian Economy
Pattnaik, a scientist at IIT-Bhubaneswar, flew over the Arabian Sea aboard an airborne research laboratory, a Facility for Airborne Atmospheric Measurements (FAAM) aircraft – a highly modified BAe-146 four-engined jet that can pack in four tonnes of scientific equipment.
The programme—co-funded by Swedish Energy Agency and India’s Department of Science & Technology (DST)—aims to develop technologies that can be commercialized after two years. While SEA has committed US$2.6 million over four years for research and innovation collaboration with India, DST will also fund a matching investment of Rs 18 crore to support Indian partners.
AIESL will service PW1100G-JM engines at its facility in Mumbai, P&W, which is a part of the United Technology Corporation (UTC), said in a release.
The projects were sanctioned under the ‘Agro Processing Cluster Scheme’ of KisanSampadaYojana of MoFPI. These projects are likely to generate employment for ten thousand people and benefit nearly forty thousand farmers.
According to private survey, India’s services sector witnessed a solid performance in February. The services sector contributes for over 57 per cent in India’s gross domestic product (GDP).
Government has approved a proposal for creation of a National Database of unorganized workers (NDUW). This database shall be seeded with Aadhar and accessible through Aadhar number. This database will be used for delivering social security schemes implemented by Central and State Governments.
The NTPC group has reported a 5,290-MW capacity addition for financial year 2019-2020. According to the company statement, this is the largest ever commercial capacity addition for the group in a single year.
Under the DDU-GKY scheme, 4.39 lakh candidates have been trained during 2018-19 and 2019-20, of which 84156 candidates belong to Scheduled Tribes. Under the PMKVY 2016-20, 49.67 lakh candidates have been trained during the 2018-19 and 2019-20, of which 2.13 lakh candidates belong to Scheduled Tribes.
The Minister of State (IC) for Tourism & Culture, Shri Prahlad Singh Patel launched the multilingual Incredible India website in New Delhi today. The website is currently hosted in English and Hindi is now launched in Chinese, Arabic and Spanish to attract tourists from these regions.
Ministry of Finance, in the past six years has launched various schemes which have special provisions for empowerment of women. These schemes have financially empowered women to lead a better life and chase their dreams of being an entrepreneur.
