March 13, 2026

Economy

News on Indian Economy

Economy

IIT Ropar Develops “AmbiTAG”- India’s first Indigenous Temperature Data Logger for the Cold Chain Management

Indian Institute of Technology, Ropar (IIT Ropar) in Punjab has developed a first-of-its-kind IoT device – AmbiTag that records real-time ambient temperature during the transportation of perishable products, vaccines and even body organs and blood. That recorded temperature further helps to know whether that particular item transported from anywhere in the world is still usable or perished because of temperature variation. This information is particularly critical for vaccines including Covid-19 vaccine, organs and blood transportation.

By Kautilya / June 3, 2021
Economy Governance

IREDA Registers Record Profit in Covid Year

Public Sector Indian Renewable Energy Development Agency (IREDA) under Ministry of New and Renewable Energy reported an all-time high annual Profit Before Tax (PBT) of 570 crore rupees in the financial year 2020-21 that was severely affected by Covid 19 Pandemic. The PBT of the company was Rs. 241 crores during FY 2019-20. The company has posted Profit After Tax (PAT) of Rs. 346 crores as against Rs. 215 crores in the last financial year, registering a massive growth of 61%.

By Kautilya / June 3, 2021
Economy

Low-Chilling Apple Variety Developed by Himachal Farmer, Shri Hariman Sharma Spreads Far & Wide

Shri Hariman Sharma, a progressive farmer, hailing from Paniala village of Bilaspur district, Himachal Pradesh, who developed this innovative apple variety – HRMN 99 has become a source of inspiration not only for thousands of farmers in the region but also for horticulturists of Bilaspur and other lower hill districts in the State –areas which earlier could never dream of growing apples.

By Kautilya / June 1, 2021
Economy Governance

Big Boost for Khadi Artisans With INR. 45 Crore Government Purchase Orders

Ample employment opportunities for Khadi artisans have helped them fight the financial distress once again, as most parts of the country remain under lockdown during the second wave of Covid-19 pandemic. Despite a severe jolt to the manufacturing and service sectors between March and May this year, Khadi and Village Industries Commission (KVIC) has bagged purchase orders worth over Rs. 45 crore that would support the livelihood of lakhs of Khadi artisans. The purchase orders have come from the Ministry of Tribal Affairs, Indian Railways and Air India.

By Kautilya / June 1, 2021