News on Indian Economy
According to a report released on Monday by global consulting firm Kearney in collaboration with the Confederation of Indian Industry (CII), India’s vaccines industry could grow from US$ 2 billion to US$ 4 billion or even US$ 5 billion as new Indian and global pharmaceutical companies include vaccines as a key part of their portfolios.
“Government is going to Institutionalise a 24 hours “Helpline” for assistance to exporters and resolution of issues “said Mr. Piyush Goyal at the launch of nation wide celebrations of iconic week for Amrit Mahotsav for Commerce & Industry Ministry .
Mr. Jana added, “TV brands are collaborating with e-commerce websites and leveraging them for product launches to reach maximum number of customers. This collaboration of key brands with e-commerce websites is benefitting customers in terms of affordability and accessibility.”
“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.”
The Department of Space (DoS) plans to realise entirely-built rockets — GSLV-Mk III and SSLV — from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL.
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.
Valued at approximately INR 2051 crore (245 Mn EUR), Alstom’s scope on the Agra-Kanpur metro project includes – design, build and delivery of 201 metro cars (67 MOVIA metro three-car trainsets) and an advanced signalling solution (CITYFLO 650). The customer also has a provision to exercise an option for an additional 51 metro cars.
State-owned Hindustan Petroleum Corporation Limited (HPCL) is planning to build as many as 5,000 electric vehicle (EV) charging stations in a span of three years, reports Economic Times.
The Northeast Frontier Railways (NFR) has already connected Assam’s main city Guwahati (adjoining capital Dispur), Tripura capital Agartala and Arunachal Pradesh’s Naharlagun (adjacent to capital city Itanagar).
Manipur’s Tamenglong orange, a species of the mandarin family, and a unique fruit crop found in the state, along with Hathei, a special chilli variety, have acquired the Geographical Indication (GI) tag.
