Government policies

Grand Indian textile expo Bharat Tex 2024 opens in New Delhi

27 Feb 2024

Bharat Tex, India’s largest global textile exhibition, opened in New Delhi on Monday. Prime Minister Narendra Modi inaugurated the 4-day event that will showcase the country’s vibrant textile sector in all its splendor.

Centre amends Electricity Rules to empower consumer

26 Feb 2024

The centre has brought about changes in the rules regarding distribution and consumption of electricity by amendments to the Electricity (Rights of Consumers) Rules, 2020, in a bid to empower consumers.

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

26 Feb 2024

Central public sector undertakings NTPC Renewable Energy Ltd and SJVN Limited on Friday announced the commissioning of two renewable power projects with a total generating capacity of 120 MW

MeitY ropes in Microsoft, iCreate to bolster India’s AI start-up ecosystem

23 Feb 2024

Microsoft and iCreate on Wednesday announced the launch of the iCreate-Microsoft programme for Emerging Leaders in Artificial Intelligence (iMPEL-AI), a joint initiative with the ministry of electronics and information technology (MeitY), to help India’s AI innovators create marketable solutions to emerging needs.

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

22 Feb 2024

State-owned SJVN Ltd’s 1,500 MW solar-wind hybrid power project received bids as low as Rs3.43 per kWh as the reverse auction concluded on Tuesday.

India, UAE cement ties with 10 new pacts for collaboration

14 Feb 2024

India and the United Arab Emirates (UAE) have signed 10 new agreements for bilateral collaboration in various fields, including key sectors like energy, infrastructure, investments, and management of archives, in a bid to further strengthen their bilateral relationship.

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

13 Feb 2024

The integrated digital platform for government procurement, GeM, has recorded transaction of gross merchandise value (GMV) of Rs3 lakh crore

Israel's Tower proposes $8 bn chip manufacturing facility in India: report

12 Feb 2024

Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India

CSIR implementing project for localisation of electrolyser production

11 Feb 2024

Council of Scientific and Industrial Research (CSIR) is implementing a project to develop different types of electrolysers, including Anion Exchange Membrane (AEM) electrolyser

Govt weighs use of green hydrogen for peak power generation

10 Feb 2024

The union ministry of new and renewable energy has proposed the use of green hydrogen for power generation in order to ensure round-the-clock availability of green power

India to end visa-free transit to Myanmar, fence 1,643-km border

08 Feb 2024

India has unilaterally decided to end free movement of people along its border with Myanmar amidst continued ethnic strife between two major tribes in the border state of Manipur

Govt sells 2.76 tonne wheat flour, 297 tonne chickpea and 30,440 tonne onion in retail market to beat price rise

08 Feb 2024

The central government has sold 2,75,936 kg of wheat flour (Bharat Atta), 2,96,802 kg of chickpea (Bharat Dal) and 3,04,40,547 kg of onion at subsidized rates to consumers across the country

PM Modi calls on the world to invest in India’s energy sector

07 Feb 2024

Prime Minister Narendra Modi has called upon global investors to actively participate in India’s march towards a sustainable and prosperous future by increasingly investing in its renewable and new energy sector.

Number of star-ups in India rises to 1,17,254 by December 2023

04 Feb 2024

The number of start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) has gone up to 1,17,254 as of 31 December 2023

Govt orders traders to declare rice stocks; starts retail sale at Rs29/kg to check price rise

03 Feb 2024

In a move that will deter traders from steadily pushing up rice prices, the government on Friday directed all traders to declare rice stocks with them

Women SHGs will help create 30 million `Lakhpati Didis, says finance minister

02 Feb 2024

Buoyed by the success of the Women Self Help Groups (SHGs) across the country, the government has decided to set the goal higher and enhance the target for `Lakhpati Didis’ from 20 million to 30 million, finance minister Nirmala Sitaraman said while presenting the Interim Union Budget 2024-25 in Parliament.

Government reduces import duty on mobile phone components from 15% to 10%

31 Jan 2024

In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.

New building to house Central Registrar of Cooperative Societies

17 Jan 2024

The centre has set up a new building in the capital to house the office of the Central Registrar of Cooperative Societies, giving a big boost to the cooperative movement in the country

India to invest over Rs45,000 cr to develop inland cruise tourism

09 Jan 2024

The Inland Waterways Development Council, which held its first meeting in Kolkata, on Monday, committed Rs45,000 crore for the development of River Cruise Tourism in India over the next 23 years ending 2047.

Govt revises incentives scheme for auto sector, extends it by 5 years

04 Jan 2024

The government has extended the tenure of the Production Linked Incentive (PLI) scheme for automobile and auto components by five years beginning the current financial year, ie, 2023-24.

India hikes windfall tax on crude, eliminates tax on diesel and ATF

03 Jan 2024

Government of India on Monday announced an increase in the windfall tax levied on locally-produced crude petroleum while doing away with the tax on diesel and aviation turbine fuel (ATF).

Finance Ministry boosts the FAME-II scheme with an additional Rs 1,500 crore

03 Jan 2024

In a strategic move to further propel the adoption of electric vehicles (EVs) in India, the Union Finance Ministry has greenlit an additional allocation of Rs. 1,500 crore for the second phase of the Faster Adoption and Manufacture of Electric Vehicles (FAME-II) program.

The government allows female employees to nominate children for family pensions

02 Jan 2024

In a significant move, the Ministry of Personnel, Public Grievances, and Pensions announced on Tuesday, 2 January 2024, that female government servants or pensioners can now nominate their children for family pensions.