More India Positive News >>
India among few bright spots in global economy as per International Monetary Fund (IMF)
India was noted to be one of the few bright spots in the global economy by the International Monetary Fund (IMF) Chief Ms Christine Lagarde at the meeting of G20 Finance Ministers and Central Bank Governors.
India and Belarus set a Trade Target of US$ 1 billion by 2018
India and Belarus agreed to set a trade target of US$ 1 billion by the year 2018, during the meeting of India-Belarus Inter Governmental Commission at Minsk.
Tamil Nadu signs pacts for more than Rs 2 trillion
The Government of Tamil Nadu signed investment agreements worth Rs two trillion (US$ 30.1 billion) during the two-day Global Investors Meet. More than half of the agreements worth Rs 1.04 trillion (US$ 15.6 billion) were for the manufacturing sector.
Govt to extend social benefits under Jan Dhan
Government of India aims to extend insurance, pension and credit facilities to those excluded from these benefits under the Pradhan Mantri Jan Dhan Yojana (PMJDY).
Cabinet clears spectrum trading norms
With a view to encourage consolidation in the telecom sector, the Government of India has approved the rules for spectrum trading that will allow telecom companies to buy and sell rights to unused spectrum among themselves.
Preferential Treatment by India to Least Developed Countries (LDCs) in Trade in Services in the WTO
Notification of Preferential Treatment by India to Least Developed Countries (LDCs) in Trade in Services in the WTO has been approved by the Union Cabinet.
Streamlining of approvals for construction projects to be firmed up by year end
In an inter-ministerial meeting chaired by the Minister of Urban Development and Housing & Urban Poverty Alleviation, Mr M Venkaiah Naidu, it has been decided that the process of streamlining approvals for construction projects in urban areas would be concluded by the end of 2015.
Low-cost non-major ports to be set up by government in order to boost trade
The Government of India is planning to set up low-cost non-major ports along coastline under the Sagarmala project and has asked all the 12 major ports to accord priority berthing to such vessels and to encourage quicker movement of cargo.
Government introduces gold monetisation schemes
The Government of India has approved the gold monetisation plan in the form of revamped Gold Deposit Scheme (GDS) and the Gold Metal Loan (GML) Scheme to mobilise tonnes of gold stored in households and temples across the country.
Approval of National Offshore Wind Energy Policy
The Union Cabinet has approved the National Offshore Wind Energy Policy under which the Ministry of New & Renewable Energy (MNRE) has been authorized as the Nodal Ministry for use of offshore areas within the Exclusive Economic Zone (EEZ) of the country and the National Institute of Wind Energy (NIWE) has been authorized as the Nodal Agency for development of offshore wind energy in the country.
Government clears Rs 9,000 crore (US$ 1.35 billion) Teesta hydropower project in green energy push
Minister of Power Mr Piyush Goyal announced that the Government of India has resolved the disputes relating to Teesta hydroelectricity project worth Rs 9,000 crore (US$ 1.35 billion) and expects renewal of interest in hydropower projects which will help achieve renewable energy target of 175 gigawatts capacity by 2022.