Economy

News on Indian Economy

Electronic Goods Shine Even as Global Slowdown Hits Demand, Exports Soar – Make in India

In the past two years, the exports of equipment with electronic integrated circuits and micro assemblies have grown at 94.9 per cent in FY18 and 162.5 per cent in FY19. The Narendra Modi-led government has been consistently rolling out measures to boost the production of electronic goods including mobile handsets under the flagship schemes such as ‘Make in India’ and ‘Digital India’.

India and Netherlands Launched the Second Phase of the LOTUS-HR (Local Treatment of Urban Sewage streams for Healthy Reuse plant)

The project was initiated in July 2017 and aims to demonstrate a novel holistic (waste) water management approach that will produce clean water which can be reused for various purposes. The innovative pilot scale modular plant upon commissioning will treat 10,000 L sewage water per day and will showcase a self-sustaining model for the end user.

35 Countries Participated in the First Ever India International Cooperatives Trade Fair (IICTF)

Over one billion people around the world are members of a cooperative. More than 12 per cent of humanity is part of any of the 3 million cooperatives in the world. Financial cooperatives serve 13 per cent of the world population while agricultural cooperatives produce 50 per cent of global agriculture output implying immense potential that exists in the sector for global trade.