The Ministry of Housing and Urban Affairs (MoHUA) has launched an initiative of socio-economic profiling of the beneficiaries of the PM SVANidhi scheme to extend the benefits of various central schemes and in the first phase of this programme, 125 cities have been selected. The profiles hence prepared will help in identifying the potential eligibility…
Subsequent to the scheme for special assistance to states for capital expenditure announced by the government, 27 states has availed benefits under it. The scheme worth Rs.9,879.61 crore was announced in October as part of Aatma Nirbhar Bharat package and as first installment the government has already released an amount of Rs 4,939.81 crore. Aatma…
Government owned, teleco BSNL has joined hands with global machines solutions connectivity company Skylotech India to launch the world’s first satellite-based Narrow Band-IoT (Internet of Things) in India. It is through this India will be now capable of accessing a seamless connectivity for unconnected sensors and machines besides industrial IoT devices through the satellite-ground infrastructure…
Fostering bilateral cooperation for road and highways infrastructure development, besides, road safety and intelligent transport systems, the road transport and highways ministry of India signed a memorandum of understanding (MoU) with republic of Austria with its federal ministry of climate action, energy, innovation, mobility, technology and innovation. The MoU is aimed at creating effective framework…
In order to boost employment the Union Cabinet under the leadership of Prime Minister Narendra Modi approved Atmanirbhar Bharat Rojgar Yojana which will incentivize new employment opportunities creation especially in the COVID recovery phase with an expenditure of Rs 1,584 crore under Atmanirbhar Bharat Package 3.0. The government will offer subsidy under the scheme for…
Indian Institute of Forest Management (IIFM) Bhopal has signed a Memorandum of Understanding (MoU) with NTPC Ltd, a PSU under the Ministry of Power, for implementation of Narmada Landscape Restoration Project. The project is being done in partnership with a grant-in-aid from the United States Agency for International Development (USAID), the international development arm of…
Ministry of AYUSH and Ministry of Commerce and Industry are joining hands to set up an Export Promotion Council to augment AYUSH exports. In a joint review of Ayush trade and industry, Shripad Naik, Minister of State for Ayush together with Piyush Goyal, Minister of Commerce and Industry have taken this decision. In the review…
In anticipation of inflation falling within targeted limit, the Reserve Bank of India (RBI) in its bimonthly policy review continued with its accommodative stance and left the repo rate unchanged at 4% while also keeping the reverse repo Rrte also at 3.35%. The apex bank has taken the accommodative stance to revive the economy which…
Yogi Adityanath, the Chief Minister of Uttar Pradesh, attended the Bell Ceremony at National Stock Exchange, Mumbai to witness the listing of bonds of Lucknow Muncipal Corporation (LMC) valued at INR 200 crore at Bombay Stock Exchange. Incentivized by the Ministry of Housing and Urban Affairs under Atal Mission for Rejuvenation and Urban Transfromation (AMRUT),…
Even though COVID-19 has badly affected the investment climate in the economies across the world, the investment sentiment in Indian economy remained buoyed by the active and frequent intervention of the government. And it has been demonstrated by the Indian economy’s FPI and FDI trends as well as corporate bond market flows which demonstrate the…
