News on Indian Economy
MMRC had awarded the contract for manufacturing metro train sets to Alstom worth €452 million. As part of the agreement, Alstom will manufacture 31 lightweight, fully-furnished modern metro trains comprising 8 cars each.
This Centralised Farmers Database shall be useful for various activities like issuing soil health cards, dissemination of crop advisories to the farmers, precision farming, smart cards for farmers to facilitate e-governance, crop insurance, settlement of compensation claims, grant of agricultural subsidies, community and village resource centres and more.
“The proposal of the Ladakh Rescue Centre for keeping open Zojila (30 kilometres in total) has got approval of the Ministry of Defence. You are requested to give appropriate direction to the Mechanical Division Kargil, and place adequate funds at their disposal facilitating them to conduct the work in coordination with Project Beacon and Vijayak this season itself,” reads the communication.
Under PMEGP scheme, since its inception in 2008-09, a total of about 5.70 lakh micro enterprises have been assisted with a margin money of Rs 12,902 crore (US$ 1.85 billion) providing employment to an estimated 47 lakh persons, till 2019-20 (up to 31.10.2019).
Swedish Company, SPOWDI (Solar Powered Water distribution) together with EMMVEE inaugurated ‘Spowdi Smart Farming’, an innovative and sustainable solution to bring forth the futuristic and best in class smart farm that supports small farmers community and saves water. The event saw, Shri. Rajendra Kumar Kataria, IAS, Secretary to Government, Agriculture, Horticulture and Sericulture Department inaugurate the farm in Bangalore on 9th December 2019.
Saudi Arabia has given licence to 30 Indian companies in the first quarter of the total 267 foreign investors, according to Saud Al-Sati, Ambassador, Royal embassy of Saudi Arabia in India.
In the hour-long meeting, Commerce and Industry Minister Piyush Goyal conveyed to Japanese Trade and Industry Minister Hiroshi Kajiyama that “market access for India’s goods and services with partner countries is very important but despite commitments in CEPA from Japan, market access for India’s goods and services remains elusive”.
In 2014, when Prime Minister Narendra Modi took office, India was the 11th largest economy in the world. Five years down the line, India is either the fifth or sixth-largest economy of the world, the Indian Ambassador to the US, Harsh Vardhan Shringla, said
This bridge will facilitate all weather and speedy movement of Army troops as well as locals. On the occasion, the chief guest congratulated 110 RCC, 31TF, Project Sampark and complete BRO team for the execution of the work with utmost professionalism which will strengthen the road network in the area.
“Under MKSP, 36.06 lakh mahila kisans have been benefited through 84 projects in 24 states/UTs in the country, out of which 1.81 lakh women have been benefited in Maharashtra. A total central allocation of Rs 847.5 crore has been made towards implementation of the approved projects,” the minister said.
