News on Indian Economy
Indian UHNIs (ultra high net worth individuals) are expected to invest up to $30 billion in tech startups in the country by 2025, reflecting the growing investment opportunity for home-grown tech ventures, a report by 256 Network and Praxis Global Alliance said.
The 6.2 megawatt peak (MWp) solar carport deployed by Tata Power will generate 86.4 lakh kilowatt hour (kWh) of electricity per year and is estimated to reduce 7,000 tonnes of carbon emissions annually and 1.6 lakh tonnes over its lifecycle.
Chandigarh based CSIR-Central Scientific Instruments Organisation (CSIO) and Indian Institute of Technology (IIT) Ropar’s Agriculture & Water Technology Development Hub (AWaDH) share a common vision for conducting cutting edge research in the areas of Agriculture and Water.
On Thursday, National Association of Software and Services Companies (NASSCOM) said, the conventional technology job and roles landscape will evolve with the development of technology and increasing automation, leading to formation of newer professions.
Reinforcing the commitment of the Modi Government to provide safe and secure digital payments eco-system, the Union Home Ministry under the leadership of the Home Minister Shri Amit Shah has operationalised the national Helpline 155260 and Reporting Platform for preventing financial loss due to cyber fraud. The National Helpline and Reporting Platform provides a mechanism for persons cheated in cyber frauds to report such cases to prevent loss of their hard earned money
At an event organised in Lakhimpur district of Assam, the Raksha Mantri e-inaugurated a 20-km long double lane Kimin-Potin road, along with nine other roads in Arunachal Pradesh and one each in the Union Territories of Ladakh and Jammu & Kashmir. The roads have been constructed under ‘Arunank’, ‘Vartak’, ‘Brahmank’, ‘Udayak’, ‘Himank’ and ‘Sampark’ projects of BRO.
In a year completely marred by Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its highest-ever turnover. In the year 2020-21, KVIC registered a gross annual turnover of Rs. 95,741.74crores, as compared to Rs. 88,887 crores turnover in 2019-20, thus, registering an increase of 7.71%.
MIDH Division of Ministry of Agriculture & Farmer’s Welfare, Government of India and MASHAV – Israel’s Agency for International Development Cooperation – are leading Israel’s largest G2G cooperation, with 29 operational Centres of Excellence (COEs) across India in 12 States, implementing advanced Israeli Agro-Technology tailored to local conditions.
As a strategy to reduce logistics costs on road transportation, the Government of India, Department of Commerce, Logistics Division has developed a risk-based approach on the implementation of smart enforcement of rules and regulations related to road-based violations by trucks. It has also developed anIT based solution to make enforcement mechanism technology driven.
In a major boost to exports of Geographical Indications (GI) certified agricultural produce, a consignment of fibre and mineral rich ‘Jalgaon banana’ has been exported to Dubai.
