November 28, 2024

Economy

News on Indian Economy

Economy Infrastructure

Game Changer Initiative for Reducing Logistics Cost and Turnaround Time of Containers from Month to Days

‘Dwarf’ containers provide a 67% increase in volume when double-stacked and can carry a weight of 71 tons, against 40 tons by an ISO container. In addition, Indian Railways has offered 17% discount on haulage cost compared to double stack ISO container trains, resulting in an overall 33% discount to shippers making Indian Railways competitive. Thus the rail movement of cargo through Dwarf containers has the potential to lower the EXIM logistics costs, making Indian exports globally competitive

By Kautilya / September 23, 2021
Defense Infrastructure

For the First Time Ever, BRO Appoints Woman Army Officer As In-Charge of Road Construction Unit

“The BRO created history again on 30 August when Major Aaina of Project Shivalik took charged as Officer Commanding, 75 Road Construction Companies (RCC) at Pipalkoti in Chamoli district in Uttarakhand. She is the first Indian Army Engineer Officer to command a road construction company. Not only this, all three platoon commanders under her, Captain Anjana, AEE (Civ) Bhawana Joshi and AEE (Civ) Vishnumaya K are lady officers and they have together created a first-ever women RCC. The Border Roads plans to make four such all women-led RCCs, two each in North Eastern and Western Sectors.”

By Kautilya / September 21, 2021
Economy Governance

Registration of Unorganized Workers Picks Pace Across the Country, More than 1 Crore Registered on e-Shram Portal

An overwhelming proportion of migrant workers are engaged in these sectors of work. As per Economic Survey 2019-20, there are an estimated 38 crore unorganised workers (UW) in the country, which would be targeted to register on this portal.These migrant workers also can now take the benefits of various social security and employment-based schemes through registration at the e-Shram portal.

By Kautilya / September 21, 2021