PM SVANidhi, a special micro-credit facility for street vendors, has received more than 25 lakh applications out of which over 12 lakh have been sanctioned loans and 5.35 lakh applicants have already received loans. In Uttar Pradesh itself, over 3.27 lakh loans have been sanctioned out of which 1.87 lakh loans have been disbursed. Stamp…
The Tribal Cooperative Marketing Development Federation of India (TRIFED), under Ministry of Tribal Affairs, has included several new products in its portfolio. These also comprise the goods manufactured by the inmates of Jagdalpur Central Jail, among others. In this new product expansion drive, the company has chosen mainly the immunity boosting forest fresh and organic…
POWERGRID (Power Grid Corporation of India Limited), a Government of India Maharatna Company has posted a record profit after tax (PAT) of Rs 3,094 crore with a total income of Rs 9,831 crore on a consolidated basis for the second quarter of FY21. It has registered an increase of 23% increase in PAT and an…
In order to provide financial support to various public-private partnerships (PPPs) for core sector infrastructure, the Cabinet Committee on Economic Affairs has approved the continuation and revamping of PPPs in the infrastructure viability gap funding (VGF) scheme till 2024-2025. The total outlay of the scheme is Rs 8,100 crore. The scheme is intended to ramp…
As part of its efforts to bring cheer among tribal producers encompassing forest dwellers and artisans, the Tribal Cooperative Marketing Development Federation of India has added 300 new products, collected as well as processed by tribals from natural habitates and jungles on “TRIFED–Tribes India”, an E-marketplace devoted to empower tribal enterprises. These products are mainly…
In a first, the central government received financial bids for 19 coal mines out of 38 coal mines put on auction and the success rate of the auction was about 50 percent. It is the highest number of mines auctioned successfully if compared with any earlier tranche. In the earlier 10 tranches of the auction,…
Prime Minister Narendra Modi launched 16 schemes worth Rs 220 crore in Varanasi. He informed that the work has already begun on 14 schemes worth Rs 400 crore. The projects inaugurated by the PM includes Lal Bahadur Shastri Hospital in Ramnagar, infrastructure facilities for conservation of cows, smart lighting work for Varanasi City, sewerage related…
In a well-attended meeting on Science, Technology and Innovation Policy 2020 (STIP 2020) chaired by Union Minister for Science and Technology Dr Harsh Vardhan, leading experts delved into Indian diaspora’s role in the country’s development. Speaking on the occasion, the Minister highlighted the importance of science and technology for the future of the country. He…
Steel Authority of India Limited, one of the Maharatna companies and listed among the largest steelmakers in India, has recorded a strong performance during Q2 of FY’21. It has posted Rs 610.32 crore profit before tax (PBT) and Rs 393.32 crore profit after tax (PAT) over the corresponding period of the last year (CPLY). Registering…
In order to promote and upgrade designs as well as technology for medical devices and to enable the industry to meet the upcoming requirements of the health centres in the post-COVID-19 scenario, the National Institute of Design has collaborated with EEPC India. With an aim to take the superior and innovative designs to the implementation…
