Economy

News on Indian Economy

Startup Indriyam Biologics Develops Biosensor Device that Could Revolutionise Snakebite Diagnosis

Indriyam Biologics, recognised by the Department of Scientific and Industrial Research (DSIR) and Startup India, intends to resolve this issue through their new monovalent snake-venom detection biosensor device which finds out if a snakebite is venomous or non-venomous by analysing a drop of the victim’s blood. It is also capable of distinguishing the species of the snake and the quantity of venom circulating in the patient’s body.

Indian Start-up Makes Affordable and Dual Powered Defibrillator; Sanmitra 1000hct

The device works with both AC mains and a hand-cranked generator built into the unit, and does not require any battery change. The start-up has reported that the device’s battery has been tested for a large number of charge-discharge cycles therebymaking it cost-effective. The device is ideal for hospitals located in cities and remote areas. So far, over 200 devices have been deployed across India and Africa, as per the stats provided by the start-up.

Tejas SMART Coach Signals Shift from Preventive to Predictive Maintenance

Chief Public Relations Officer of Western Railway, Shri Sumit Thakur stated that, “With the use of Tejas SMART Coach, Indian Railways aims to move to predictive maintenance instead of preventive maintenance. The introduction of this modern Tejas Sleeper type train for long distance journey, is another paradigm shift by Indian Railways for enhancing the travel experience for the passengers.” He also mentioned that Tejas type Sleeper coaches are manufactured at Modern Coach Factory (MCF) which will gradually replace the premium long-distance trains over Indian Railways network.

From Deep Sea to Skincare

The Ministry of Earth Sciences’ National Institute of Ocean Technology (NIOT) has entered into an agreement with Karnataka-based Cosmos Biotech LLP for the transfer of technology for the production of Ecotine, a key ingredient of skin care and sun protection products.

Digital Platform Kisan Sarathi Launched to Facilitate Farmers to Get ‘Right Information at Right Time’ in Their Desired Language

In order to facilitate farmers to get ‘right information at right time’ in their desired language, a digital platform namely ‘KisanSarathi’ was launched jointlyby Shri Narendra Singh Tomar,Minister for Agriculture and Farmers Welfare with Shri AshwiniVaishnaw, Minister for Electronics and Information Technology, through video conference on 16th July 2021 on the occasion of 93rdICAR Foundation Day.

Eight New Routes Launched to Boost Regional Aerial Connectivity

Shri JyotiradityaScindia, Union Minister of Civil Aviation along with Shri Shivraj Singh Chauhan, Chief Minister, Madhya Pradesh and Shri Narendra Singh Tomar, Union Minister of Agriculture & Farmers Welfare on Friday virtually flagged off 8 new routes bolstering the aerial connectivity from Madhya Pradesh to Maharashtra & Gujarat. Shri Rakesh Singh, Member of Parliament, Jabalpur, Shri Pradeep Singh Kharola, Secretary, Ministry of Civil Aviation along with other senior officials of the ministry were also present during the flag off.