Economy

News on Indian Economy

₹ 1,16,393 Crore Gross GST Revenue Collected in July

The gross GST revenue collected in the month of July 2021 is ₹ 1,16,393 crore of which CGST is ₹ 22,197 crore, SGST is ₹ 28,541 crore, IGST is ₹ 57,864 crore (including ₹ 27,900 crore collected on import of goods) and Cess is ₹ 7,790 crore (including ₹ 815 crore collected on import of goods).The above figure includes GST collection received from GSTR-3B returns filed between 1st July 2021 to 31st July2021 as well as IGST and cess collected from imports for the same period.

New Polyhouse Technology for Horticulture CROPS

To some extent these problems can be overcome by conventional polyhouse. Conventional Polyhouse have a stationary roof to reduce the effect of weather anomalies and pests. However, there are still disadvantages due to roof covering which sometimes lead to excessive heat, and insufficient light (early morning). Besides this, they are also prone to insufficient levels of CO2, transpiration and water stress. A combination of open field conditions and conventional Polyhouse conditions is a more robust way to deal with the climate change and associates problems in the future.

First Aluminium Metro Train for Pune Metro Flagged off at Titagarh Italy – Make in India

Titagarh Wagons alongwith its subsidiary Titagarh Firema S.p.A signed the first contract for design, manufacture and supply of 34 trains of 3 coaches each to Maha Metro on 12th September 2019. Under this contract, the first 3 trains are to be built in Titagarh’s plant in Caserta, Italy and the balance 31 trains will be manufactured in Titagarh’s plant in India.

For the First Time, Agri Exporters from the Remote Districts of India Connected to the International Buyers from USA, the UAE, and Japan

Under the Districts as Export Hubs initiative, the Directorate General of Foreign Trade (DGFT) under Department of Commerce in partnership with the Agricultural and Processed Food Products Export Development Authority (APEDA) and Invest India conducted a 2 Day Virtual Outreach Event connecting exporters from the Districts to the buyers outside India.

22.7 Lakh Loans Amounting to ₹ 2,243 Crore Have Been Disbursed to Street Vendors Under SVANIDHI Scheme

The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 is implemented by respective States/ Union Territories (UTs) by framing their respective Rules, Scheme, Bye-laws and Plan for Street Vending. So far, Rules under the Act have been notified by all the States/ UTs. Scheme has been notified by all the States/ UTs except Lakshadweep and Ladakh. Meghalaya has its own Street Vendors Act, 2014.

India’s 14 Tiger Reserves get Global CA/TS Recognition for Good Tiger Conservation

The event also showcased, the 14 Tiger Reserves in India which received the accreditation of the Global Conservation Assured|Tiger Standards (CA|TS). The 14 tiger reserves which have been accredited are Manas, Kaziranga and Orang in Assam, Satpura, Kanha and Panna in Madhya Pradesh, Pench in Maharashtra, Valmiki Tiger Reserve in Bihar, Dudhwa in Uttar Pradesh,Sunderbans in West Bengal, Parambikulam in Kerala, Bandipur Tiger Reserve of Karnataka and Mudumalai and Anamalai Tiger Reserve in Tamil Nadu.