News on Indian Economy
Ministry of Skill Development and Entrepreneurship has launched the National Skill Development Mission (NSDM) to provide the overall institutional framework to rapidly implement and scale up the skill development efforts across India. NSDM envisages totrain a minimum of 300 million skilled people by the year 2022.
NTPC Ltd, India’s largest integrated energy company installed capacity touches 66875 MW after the 2nd Unit of 800 MW capacity (2*800 MW) at NTPC Darlipali in Odisha has successfully completed its trial operation.
Japanese apparel retailer Uniqlo, which entered India in 2019 through the single brand FDI retail route, is launching its full-fledged e-commerce operations in the country.
In the wake of Covid-19 pandemic, to ensure clean tap water supply to children in schools, anganwadi centres and ashramshalas (residential schools) for their wellbeing and better health as envisioned by Prime Minister Shri Narendra Modi, on 2nd October, 2020, a campaign was launched to make provision of tap water supply in these institutions. In less than ten months since the launch of this campaign, provision of tap water has been made in 6.85 lakh (66%) schools, 6.80 lakh (60%) anganwadi centres (AWCs)and 2.36 lakh (69%) Gram Panchayats and Community Healthcare Centres (CHCs) in villages across India.
Shri G Kishan Reddy, Union Minister of Culture, Tourism and Development of North East Region said that NESAC (North Eastern Space Applications Centre) has enabled the States to address issues and challenges of North Eastern region with the support of space technology. “The organisation can also provide the required strategic inputs for the entire region for its overall development and strategic planning”, he said.
This fuselage is going to travel from India to Boeing Company’s AH-64 Apache manufacturing facility in Mesa, Arizona, where it will be integrated into the final assembly line.
At present Mumbai-Ahmedabad High Speed Rail (MAHSR) project is the only sanctioned project of High Speed Rail (HSR) in the country which is under execution with the financial and technical assistance from Government of Japan. A Special Purpose Vehicle (SPV), namely National High Speed Rail Corporation Limited (NHSRCL) has been formed to implement the Project.
ative, MoFPI is implementing a Centrally Sponsored Schemefor setting up/upgradation of 2 lakh micro food processing enterprises. The enterprises can be set up or upgraded through credit linked subsidy during five years from 2020-21 to 2024-25 with an outlay of Rs. 10,000 crores.
It is also planned to strengthen the National Seismological Network (NSN) further by adding 100 seismic stations in the next 5 years to increase the detection capability of earthquake up to M:2.5 throughout the country.
On completion, Sela Tunnel will be the longest bi-lane road tunnel in the world at an altitude above 13,000 feet. This unique tunnel constructed using the latest New Austrian Tunneling Method (NATM), is much below the snow line allowing all weather travel without the challenges of snow clearance. The Sela Tunnel will prove to be a boon for the people of Tawang as it will reduce travel time and ensure speedier movement across the Sela Pass. It will play a crucial role in the development of not just Arunachal Pradesh, but the entire North-East.In case of natural calamities and adverse weather, it can prove to be a vital link for evacuation of personnel.
