Government policies

Govt seeks to empanel AI infra providers for India AI Mission

19 Aug 2024

Ministry of electronics, and information technology (MeitY) has invited AI service providers within the country for empanelment as AI service providers on cloud under the Rs10,372-crore India AI Mission.

Ginners across the country empowered to produce Kasturi Cotton Bharat brand: minister

08 Aug 2024

The ministry of textiles has empowered cotton ginners across the country to produce Kasturi Cotton Bharat brand, based on the QR code certification technology, as per stipulated protocol.

Visveswaraya Iron and Steel Plant back on revival path

31 Jul 2024

Visveswaraya Iron and Steel Plant (VISP), which the government put up for sale in October 2016, is now on the revival path with 130000 tonnes of steel production in the 2023-24 financial year.

CBDT explains Budget proposal on capital gains tax

25 Jul 2024

The Budget, through the Finance Bill, has proposed a rationalisation and simplification of the taxation of capital gains.

Govt working to improve viability of Fair Price Shops

25 Jul 2024

The centre is carrying out a pilot study on ways to improve the viability of Fair Price Shops (FPS) that currently distribute food grains and related items provided under government subsidy to weaker section of population.

Govt reopens PLI scheme for white goods to benefit more investors

15 Jul 2024

Government has reopened the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED lights) in order to allow more investors to benefit from the scheme

India’s telecom equipment sales cross Rs50,000 crore with PLI scheme

13 Jul 2024

Domestic manufacturing and sales of telecom equipment in the country achieved a milestone of  Rs50,000 crore with the implementation of the production-linked incentive (PLI) scheme.

Maharashtra govt abandons Metro-1 buy-out plan, to resolve debt crisis

10 Jul 2024

The Maharashtra government has abandoned its decision to acquire Mumbai Metro One Private Ltd (MMOPL) and directed Mumbai Metropolitan Region Development Authority (MMRDA)

DoT mops up Rs11,340 cr through auction of left over spectrum, licence renewal

29 Jun 2024

Department of Telecom has raised Rs11,340 crore revenue through auction of a total of 141.4 MHz of unsold spectrum from the previous auction and renewal of expiring spectrum licence in June 2024.

Ministry of textiles approves Startups scheme for technical textiles

17 Jun 2024

The union ministry of textiles has approved a scheme of financial support for startups in technical textiles by promoting innovation and transformative development in order to make the industry sustainable.

DPIIT organises workshop with Flipkart and Indian toy industry

12 Jun 2024

Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday orgainised a workshop with e-commerce major Flipkart and representatives of India toy industry

CSC signs MoU to convert 10,000 FPOs into CSCs

09 Jun 2024

The Special Purpose Vehicle created for setting up Common Service Centres (CSCs) has signed a memorandum of understanding (MoU)

SECI invites bidders for green ammonia production

08 Jun 2024

Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) of ammonia producers under the Strategic Interventions for Green Hydrogen Transition (SIGHT)

Govt moves to build capacity for design, entrepreneurship and medical technology

08 May 2024

Government of India today launched two separate programmes for building human capital – a design and entrepreneurship programme in collaboration with industry and higher educational institutions and another aimed at bolstering the burgeoning medical technology sector.

N-power key to India achieving net-zero emission level: IIM report

05 Apr 2024

Decarbonisation of India’s economy to net-zero level by the year 2070 would require substantial addition of nuclear power and renewable energy generation capacity.

Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover

01 Apr 2024

Government e-marketplace (GeM) has onboarded 2.1 million sellers and doubled its turnover (gross merchandise value) as of end-March 2024, doubling the GVM year-on-year.

India kicks off work on 3 semiconductor factories

14 Mar 2024

India on Wednesday ushered in its `Techade’ with Prime Minister Narendra Modi laying foundation stones for three semiconductor factories, involving a combined investment of Rs1.25 lakh crore.

Govt revamps technology upgradation scheme for pharma sector

13 Mar 2024

The union government on Monday announced a revamped scheme of assistance for technology upgradation in the pharmaceuticals sector – a move aimed at ensuring that Indian industries are on par with global standards.

India to build a 10,000+ GPU supercomputer for AI modelling

12 Mar 2024

Government of India has proposed to build a supercomputer of 10,000 GPU or more capacity as part of its plan to develop the necessary infrastructure for a self-sufficient AI eco-system in the country.

India, 4-nation EFTA sign Trade and Economic Partnership Agreement

11 Mar 2024

India on Sunday signed a Trade and Economic Partnership Agreement (TEPA) with the four-nation European Free Trade Association (EFTA) comprising Switzerland, Iceland, Norway and Liechtenstein.

DoT to start spectrum auction in 8 bands on 20 May

09 Mar 2024

Department of Telecom (DoT) has invited applications for award of telecom spectrum for eight bands, initiating the process of spectrum auction.

Govt announces Rs100 per cylinder cut in LPG prices on Women's Day

08 Mar 2024

The central government has announced a Rs100 per cylinder reduction in the price of cooking gas (LPG), in a move that will benefit over 100 million households across the country.

Govt reviews FDI policy on space sector

07 Mar 2024

The Government of India has amended the extant Foreign Direct Investment (FDI) policy in order to open up the on space sector for overseas investors.

BHEL secures NTPC order for Rs9,500-cr super thermal project

06 Mar 2024

Bharat Heavy Electricals Ltd. (BHEL) has won a Rs9,500 crore order from NTPC Ltd for setting up Stage III of the Singrauli Super Thermal Power Project in Sonebhadra district of Uttar Pradesh.

Defence ministry approves Rs39,126-cr contract for domestic equipment makers

05 Mar 2024

The defence ministry on Friday signed five major contracts with local defence equipment manufacturers for capital acquisition worth a total Rs39,125.39 crore, as part of the government’s `Make-in-India’ initiative.