The Government of India has announced a new package worth ₹20,050 crore ($2.7 billion) to boost the fisheries sector. The package includes various initiatives and schemes aimed at enhancing infrastructure, increasing fish production, and supporting fishermen and fish farmers across the country. The funds will be used for activities such as the development of fishing…
Power Grid Corporation of India Limited (POWERGRID), a company under Ministry of Power, Government of India– has reported a profit after tax (PAT) of ₹15,417 crore and a total income of ₹46,606 crore for the fiscal year 2022-23. This represents an 11% and 9% year-on-year growth, respectively, excluding exceptional items. In the fourth quarter of…
The 4th Positive Indigenisation List (PIL) has been approved by the Ministry of Defence. It comprises 928 strategically-important Line Replacement Units (LRUs) and Sub-systems, Spares and Components. This move is aimed at promoting self-reliance (Atmanirbharta) in the Defence sector and to considerably reducing imports by Defence Public Sector Undertakings (DPSUs). The indigenisation list, valued at…
Rajeev Chandrasekhar, MoS, Electronics and Information Technology inaugurated Semicon India Future Design Roadshow at IIT Delhi. Speaking on the occasion, Chandrasekhar highlighted the government’s commitment to develop a vibrant semiconductor industry in the country. Prime Minister Narendra Modi earlier announced Rs 76000 crore investment outlay for this sector. A series of measures have been implemented…
Wheat procurement during the current Rabi Marketing Season (RMS) 2023-24 has reached a total of approximately 252 Lakh Metric Ton (MT) as of May 9th, 2023. This amount is significantly higher than the corresponding date during the previous RMS in 2022-23, with an increase of 75 Lakh MT. Notably, the current wheat procurement figure has…
A Memorandum of Understanding (MoU) has been signed between the Indian Council of Medical Research (ICMR) and the Ministry of Ayush to work together and encourage integrative health research. The purpose of this cooperation is to focus on identified areas of national importance in healthcare and generate evidence utilizing modern scientific methods. The signing ceremony…
Atal Pension Yojana (APY), the Government of India’s flagship social security scheme, has completed eight years of successful implementation with over 5.25 crore subscribers enrolled nationwide. Launched on May 9, 2015, by Prime Minister Shri Narendra Modi, APY aims to provide old age income security to all citizens of India, especially those working in the…
The Ministry of Ports, Shipping & Waterways recently launched the “Harit Sagar” Green Port Guidelines to achieve the larger goal of zero carbon emission. The guidelines were unveiled by Union Minister for Ports, Shipping & Waterways and AYUSH, Sarbananda Sonowal, along with Union Minister of State for Ports, Shipping & Waterways and Tourism, Shripad Y….
Mission Amrit Sarovar, launched by the Prime Minister Narendra Modi with an aim to conserve water for the future, has achieved a remarkable milestone of completing over 50,000 Amrit Sarovar ahead of schedule. The Ministry of Rural Development, as the nodal ministry, worked in collaboration with various ministries and achieved the target of building 50,000…
An agreement has been signed by the Ministry of Housing & Urban Affairs (MoHUA) and Ministry of Railways, along with the Japan International Cooperation Agency (JICA) for the Mumbai-Ahmedabad High Speed Rail project, known as Project-SMART. The objective of the project is to enhance accessibility and convenience for commuters and promote economic activities in the…
