News on Indian Economy
TOI has learnt that after several rounds of meeting between the urban affairs secretary and Japanese ambassador, both sides agreed to push the manufacturing of rolling stock in India for the Chennai Metro project.
Under the PMKVY 2016-20 scheme, as on 30.11.2018, 34.32 lakh candidates have been enrolled across the country. Out of total enrolled candidates, 32.99 lakh (appx.) candidates have been trained under STT (23.18 lakh), RPL (9.08 lakh) and Special Project (0.71 lakh) across the country in various sector.
The Nation has achieved yet another milestone in the power sector with completion of electrification in hundred percent household in 25 states at the year end.
Afghanistan received about 120,000 tons of goods via the Chabahar Port in Iran over the last fourteen months. Chabahar Port in Iran has been partially funded by India to enhance trade with landlocked Afghanistan bypassing arch-foe Pakistan.
Furthermore, he stated, “In the same timeframe, 99 contracts worth about Rs 65,471.28 crore have been signed with Indian vendors for the procurement of defence equipment. DPP stipulates a time schedule for completion of the procurement cycle.”
Deal-making in 2018 was one for the record books. All previous records were broken by crossing the $100 billion mark in terms of deal value across both private equity (PE) and strategic (M&A) transactions.
“Better demand conditions, settled GST implementation, capacity expansion from growing investments in infrastructure, continuing positive effects of reform policies and improved credit offtake especially in the services sector at 24 per cent will sustain the robust GDP growth in the range of 7.5 per cent in 2019,” CII Director General Chandrajit Banerjee said.
The scheme is implemented through web based Management and Information System (MIS) Software, viz. Pradhan MantriMatruVandanaYojana-Common Application Software (PMMVY-CAS) which was launched on 01.09.2017.
“Over the last four and a half years we have inculcated a new culture of implementing transformative reforms, setting ambitious targets and pushing the boundaries to give a green signal to growth. As a result, the past year has emerged as a year of ‘many firsts’ for Indian Railways,” Goyal told.
All patients at the casualty ward of All India Institute of Medical Science, their emergency life-saving drugs including crystalloids, as well as the cost of diagnostic and investigation are provided free of cost now.
