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Govt plans to spend Rs 5,000 crore on skilling unorganized workers
Skill mission promoted by government is planning to shift its focus from the formal to informal sector with an annual expenditure of around Rs 5,000 crore (US$ 695 million). This comes as a move in sync with government’s lean towards creating more beneficiaries.
Railways seeks cabinet nod to build 3 freight corridors at Rs. 3 trillion
The Ministry of Railways has sought the approval of the Union cabinet to build three new dedicated freight corridor (DFC) networks at a total investment of about Rs 3 trillion (US$ 43.5 billion).
GST on electric vehicles set to be slashed from 12 per cent to 5 per cent
The Government of India is planning to slash the Goods and Services Tax (GST) rate on electric vehicles to 5 per cent.
Centre proposes 'Metrolite' train for small cities
The Centre has planned to introduce light urban rail transit system - 'Metrolite' - in small cities and towns having lesser estimation of ridership, with each train having three coaches and a restricted speed of 25 kmph.
Amplus Energy to invest Rs 500 crore for 100MW solar project in UP
Amplus Energy Solutions has announced an investment of Rs 500 crore (US$ 69.5 million) for its next open access solar project of 100MW in the district Deoria of Uttar Pradesh.
India’s landmark mission Chandrayaan-2 takes off
India's landmark mission to the moon, Chandrayaan-2, successfully took off from Satish Dhawan Space Center, Sriharikota, at 2:43 pm, on 22nd July 2019, denoting the start of the country’s maiden journey toward the south pole of the moon.
Consumer confidence recovers marginally in July: Survey
India Primary Consumer Sentiment Index has recovered in July 2019, moving up by 0.6 points, as measured by Thomson Reuters and Ipsos.
Green energy capacity to multiply 6-fold in 10 years: CEA
India's renewable power capacity limit will run ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in the energy mix will fall to 32 per cent from the flow 46 per cent as development in thermal generation will be far slower, the Central Electricity Authority (CEA) has assessed.
No GST on gems meant for exhibitions abroad
The gems and jewellery industry have been given a relief as no IGST will be imposed on gem and jewellery that are taken outside of the country for exhibition purpose.
Online video content investment in India now at US$ 3.6 billion: Report
Online video content spends in India rose 24 per cent in 2018 to touch US$ 3.6 billion. The country shows the highest rate of investment growth in southeast Asia which saw an overall rise of 12 per cent year-on-year to touch an investment of US$ 10 billion, according to the latest edition of Asia Video Content Dynamics
India Ranked 52nd in Global Innovation Index-2019
Union Minister of Commerce & Industry and Railways, Piyush Goyal, launched the Global Innovation Index (GII) 2019 in New Delhi, today. India jumped five places to improve its position from 57th last year to 52nd in 2019.
HAL delivers Chetak helicopter to Indian Navy
State-run Hindustan Aeronautics Ltd. (HAL) delivered a Chetak helicopter to the Indian Navy, with the latest communication and navigation systems.
Indian dairy sector grows by 6.4% annually in last 4 years: Giriraj Singh
In India, the dairy sector has seen a growth of 6.4 per cent annually in the last four years against the global growth rate of 1.7 per cent. The aim is to improve milk productivity per animal further, as per the Minister of Fisheries, Animal Husbandry and Dairying Giriraj Singh.
Indian passport will get you a free visa-on-arrival in Sri Lanka
Sri Lanka has granted approval to issue on-arrival visa to tourists from countries, including India and China, aiming to revive its flagging tourism sector.