Economy

News on Indian Economy

Bharat Petroleum Collaborates with Bhabha Atomic Research Centre for Green Hydrogen production

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has collaborated with Bhabha Atomic Research Centre (BARC) to scale-up Alkaline Electrolyser technology for Green Hydrogen production. Presently, Electrolyser Plants are imported. This is a first of its kind initiative to support the country’s commitment to achieve renewable energy targets and reduce greenhouse gas emissions.

Khadi Goes Global Yet Again; US Fashion Brand “Patagonia” Chooses Khadi Denim for its Apparels

Khadi, the symbol of sustainability and purity, has taken a big stride in the global fashion arena. US-based world’s leading fashion brand, Patagonia, is now using handcrafted Khadi Denim fabric for making Denim apparels. Patagonia, through textile major Arvind Mills, has purchased nearly 30,000 meters of Khadi Denim Fabric worth Rs 1.08 crore from Gujarat.

Doubling Farmers’ Income Through Export

Various steps have been taken by the government of India to increase the farmer’s income in which enhancement of agri- exports is also one of the main focus. Farmers can take advantage of the wider international market through agriculture export which leads to an increased income.

United Nations Grants Observer Status to International Solar Alliance in A Historic Decision

United NaUnited Nations grants Observer status to International Solar Alliance. This is going to give impetus to “ One Sun One world one grid “. This will help in bringing equitable energy solutions to the world.tions grants Observer status to International Solar Alliance. This is going to give impetus to “ One Sun One world one grid “. This will help in bringing equitable energy solutions to the world.

72 Handloom Products and 06 Product Logos Registered Under GI Act to Promote Traditional Handloom

The schemes aim at increasing productivity by providing improved looms & accessories to the handloom weavers at 90% subsidized rates, skill upgradation through training programmes, design innovation & product diversification by engaging designers, production of varieties of handloom products, including traditional & contemporary for domestic as well as overseas markets. This Ministry promotes export of handloom products through organisation/participation in international fairs/exhibitions, Buyer-Seller Meet, Reverse Buyer-Seller Meet etc. 

Increase in Export of Non-Basmati Rice

Two national institutes of rice namely ICAR-National Rice Research Institute (NRRI), Cuttack and ICAR-Indian Institute of Rice Research (IIRR), Hyderabad are engaged in the development of high yielding climate resilient new varieties/hybrids ofrice, including red rice, which are tolerant to various biotic and abiotic stresses with enhanced quality.