The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved modifications to the budgetary support scheme aimed at enhancing infrastructure for Hydro Electric Projects (HEPs). The revised scheme, with a total outlay of ₹12,461 crore, will be implemented from FY 2024-25 to FY 2031-32. The Government of India has been taking proactive steps to…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to provide health coverage for all senior citizens aged 70 years and above, regardless of income. This move is set to benefit approximately 6 crore senior citizens across 4.5 crore families,…
The Indian economy is projected to grow at 7 percent in the current financial year, driven by a recovery in the agriculture sector and a resurgence in rural demand, according to a World Bank report released on Tuesday. Despite a challenging global environment, India’s growth remains robust. The World Bank’s *India Development Update* highlights that…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Digital Agriculture Mission with an outlay of ₹2817 crore, including ₹1940 crore as the central share. This mission is an umbrella scheme aimed at supporting digital agriculture initiatives, including the creation of Digital Public Infrastructure (DPI), implementation of the Digital General Crop Estimation…
A recent study has demonstrated the significant effectiveness of the Ayurvedic Whole System (AWS) in managing Rheumatoid Arthritis (RA), a chronic autoimmune disorder that affects millions globally. This groundbreaking research reveals that AWS not only alleviates RA symptoms but also promotes a metabolic shift toward normalcy in patients, offering a promising complement to conventional treatments….
In a nod to Maharashtra’s cultural heritage, these lakes have been named after revered saints—Dnyaneshwar Maharaj, Eknath Maharaj, and Namdeo Maharaj. Sonowal highlighted the importance of these projects, stating that ports are crucial national assets driving India’s economic growth. The focus on sustainable development aligns with the vision of a self-reliant India under the ‘Atmanirbhar…
In the financial year 2023-2024, the Indian telecom sector experienced unprecedented growth, as detailed in the latest report from the Telecom Regulatory Authority of India (TRAI). The report highlights a notable increase in key telecom metrics, reflecting the sector’s crucial role in enhancing technology and connectivity nationwide. The overall tele-density rose from 84.51% at the…
Mumbai Port initiated a series of significant projects and secured investment agreements totaling Rs 4,000 crore. These projects, which focus on sustainability and the use of green fuel, mark a pivotal step in the port’s development. The newly signed agreements and initiatives are anticipated to create approximately 145,000 person-days of employment, according to a statement…
Finance Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired a comprehensive meeting in New Delhi to review the performance of Public Sector Banks (PSBs). The discussion covered various financial metrics including deposit mobilization, digital payments, cyber security, and access to credit under financial inclusion initiatives. Attendees included Vivek Joshi, Secretary; M. Nagaraju, Secretary-Designate of…
India’s foreign exchange reserves saw a significant drop of $4.8 billion, settling at $670.119 billion for the week ending August 9, as reported by the Reserve Bank of India (RBI) on Friday. This decline comes after the previous week witnessed a sharp increase of $7.533 billion, pushing the reserves to a record high of $674.919…
