After Make in India, Government Pushes for Study in India
A new education policy is in the works to bring about major changes in school and higher education, better governance and greater focus on research and innovation.
Economy
News on Indian Economy
Nirmala Sitharaman Announces Dedicated Television Channel For Start-ups
“This shall serve as a platform for promoting startups, discussing issues affecting their growth, match-making with venture capitalists and for funding and tax planning. This channel shall be designed and executed by startups themselves,” she said.
India Expected To Grow At 7% In 2019-20: Economic Survey 2018-19
The economic survey outlined India’s vision of becoming a $5 trillion economy by 2024-25. To meet this objective, India will need to sustain a real GDP growth rate of 8%, which can be achieved by creating a “virtuous cycle” driven by savings, investment and exports, supported by favourable demographics, the survey said. It emphasises on private investment as the key driver.
Can Shop with Indian Rupee in Dubai Duty Free, No Need to Convert!
Indian travelers had to earlier convert the rupee into Dollar, Dirham or Euro before they could shop at Dubai’s without obligation shops.
India Increases Approvals for Defence Industrial Licences
Shripad Naik, Minister of State for Defence, said in a parliamentary reply on 3 July that up until March 2019 the government had issued a total of 439 licences to 264 local companies. This represents an increase over the 379 licences issued to 230 local firms announced in July 2018.
Border Roads with China to be Completed on Time: Minister
The BRO’s objective is to complete 61 strategic road projects along the northern border with China spread across Arunachal Pradesh, Jammu and Kashmir, Sikkim, Uttarakhand and Himachal Pradesh by December 2022, army sources said.
New Industrial Policy Set to be Unveiled in Budget
The industrial policy will include incentives to make India a manufacturing and exports hub at a time global manufacturers, troubled by the US-China trade war, are looking beyond Asia’s biggest economy, a government official aware of the development said on condition of anonymity.
ISRO in talks with 2 chipmakers to integrate Make in India GPS tech in cell Phones
Discussions are being held for the development of a chip that will include Indian navigation satellite ‘NavIC’ technology in mobile phones.
GAIL Commissions 165 km Gorakhpur National Gas Pipeline Project
This marks the completion of the entire 750 km long trunk pipeline section one of PMUG constituting 30 per cent of the initially sanctioned project route. “GAIL’s infrastructure at Gorakhpur is in readiness to commence gas supplies to the upcoming fertiliser plant and the city gas project,” it said in a statement.
Industry Expects Higher Allocation And Incentives For Make In India In Defence
Specific allocation to pave way for the indigenous solutions through Make programs and Make 2 programs and seeing restoration of incentiviasation for the indigenous R & D and product development