News on Indian Economy
As part of the vision to further strengthen India’s position globally in terms of Pharmaceuticals and Medical Devices, the Department of Pharmaceuticals, in partnership with Invest India, will host an Investor Summit on 27th October 2021 at 10:00 AM – 4:30 PM via video conferencing.
Shri Jyotiraditya M. Scindia, Union Minister of Civil Aviation said, “Shillong is one of the highest & wettest places in the world. The place is important not only for the country but for the entire world. Shillong has always been known as Scotland of East due to the presence of rolling hills, caves, tallest waterfalls, beautiful landscapes and its rich heritage and culture. There’s nothing that Meghalaya does not have to offer. The place attracts tourists from all over the world.”
According to the latest report by Michael Page India, India Inc is considering a 14% employment rise in the third quarter of 2021 compared to the same quarter last year. As the economy is in a recovery mode, there will be a rise in job opportunities as well.
Mrs. Aniyamma Baby from Kerala has developed an innovative Cashew Multiple Rooting Propagation Method. This method generates multiple roots in a grownup cashew tree, thus improving production per unit area. It also helps eco-friendly management of stem and root borers, restores productivity, provides strong anchorage against wind damage/cyclonic storms, and extension of the plantation life without the necessity of replanting.
Tata Power, one of the country’s largest private-sector integrated companies, now has a network of more than 1000 Electric Vehicle (EV) charging stations across the country, achieving a major milestone in India’s journey towards green mobility.
As many as 16,570 new companies were registered in the country in September, taking the total number of active companies to more than 14.14 lakh, according to official data.
India’s biggest aromatic garden boasting of 140 species has been developed at Lalkuan in Nainital district. The garden has been developed over an area of three acres by the research wing of the Uttarakhand Forest Department, Chief Conservator of Forest (research) Sanjeev Chaturvedi said.
India, Iran, Uzbekistan intend to hold the second meeting of a trilateral working group to discuss the joint use of Chabahar port
The Government of India has given a nod to as many as 157 new medical colleges in India since 2014 and has invested a total of ₹17,691.08 crore on these projects.
The Government of India has planned a 760km new Bullet Train corridor to connect Varanasi with Howrah through a high speed bullet train service. A private agency appointed by Indian Railways has commenced route survey of the proposed high speed rail corridor in Giridih district of Jharkhand state to identify routes and villages that the project will affect.
