Government policies

Govt launches ‘Jalvahak’ for regular cargo movement on inland waterways

Govt launches ‘Jalvahak’ for regular cargo movement on inland waterways

21 Dec 2024

Early this week, India announced the launch of scheduled cargo vessel services on the main inland waterways that would facilitate regular movement of goods along the arterial rivers.

India plans a Rs9,000-crore boost to EV battery production

India plans a Rs9,000-crore boost to EV battery production

18 Dec 2024

Amidst rising demand for lithium-ion batteries in the country, the Narendra Modi government is planning a Rs9,000-crore incentive scheme

Centre to open 85 new Kendriya Vidyalayas, 28 Navodaya Vidyalayas in 2025-26

Centre to open 85 new Kendriya Vidyalayas, 28 Navodaya Vidyalayas in 2025-26

13 Dec 2024

The union government plans to open 85 new Kendriya Vidyalayas and 28 Navodaya Vidyalayas in the next financial year, which is estimated to cost around Rs8,232 crore over the following five years.

Govt creates national facility to support semiconductor design and fabrication

Govt creates national facility to support semiconductor design and fabrication

27 Nov 2024

The ministry of electronics and information technology (MeitY) has set up a National Chip Design Infrastructure, called ChipIN,

Finance minister wants banks to tame lending rates

Finance minister wants banks to tame lending rates

19 Nov 2024

Public sector banks in India have overcome the challenges posed by rising non-performing assets and declining profitability, but at a great cost to the borrower, finance minister Nirmala Sitharaman has said.

Technical textiles offer great potential for handloom sector: minister

Technical textiles offer great potential for handloom sector: minister

17 Nov 2024

A focus on technical textiles along with product diversification would help expand the textile value chain and improve income generation for weavers and their families, textile minister Giriraj Singh has said.

Entry of Starlink and Kuiper could churn India’s telecom sector

Entry of Starlink and Kuiper could churn India’s telecom sector

11 Nov 2024

The possible entry of Elon Musk’s Starlink and Amazon’s Project Kuiper in India’s telecom sector, through an administrative allocation of satellite spectrum

New central scheme to facilitate guarantee-free loans for higher education

New central scheme to facilitate guarantee-free loans for higher education

10 Nov 2024

The union cabinet has approved a new scheme under which the Department of Higher Education will facilitate education loans to over 2.2 million students

Govt sets goal higher for India’s nutraceutical industry

Govt sets goal higher for India’s nutraceutical industry

08 Nov 2024

India is set to play a major role in the global nutraceutical industry, with its wealth of traditional knowledge, its Ayurveda system and policy support, as per government projections.

Kharif paddy procurement in Punjab tops 6 million tonnes

Kharif paddy procurement in Punjab tops 6 million tonnes

30 Oct 2024

Food Corporation of India (FCI) and state agencies have so far procured 6.06 million tonnes of paddy in Punjab in the Kharif Marketing Season (KMS) 2024-2025.

IndiaAI, Meta and IIT Jodhpur join to set up Center for Generative AI

IndiaAI, Meta and IIT Jodhpur join to set up Center for Generative AI

28 Oct 2024

IndiaAI has partnered with social media platform Meta to establish a Centre of Excellence (CoE) for Generative AI, Shrijan, at IIT Jodhpur, which will promote open-source AI.

Govt sets up Rs1,000-cr venture fund for space sector projects

Govt sets up Rs1,000-cr venture fund for space sector projects

25 Oct 2024

The union cabinet on Thursday approved the setting up of a Rs1,000-crore venture capital fund exclusively for space sector initiatives.

Elon Musk looks like winning his satellite internet gambit in India

Elon Musk looks like winning his satellite internet gambit in India

20 Oct 2024

Elon Musk could still be able to extend the services of its Starlink, a constellation of telecom service satellites, if the government sticks to its policy of administrative allocation of radio spectrum for satellite services.

IndiaAI mission selects 8 projects to promote ethical AI

IndiaAI mission selects 8 projects to promote ethical AI

17 Oct 2024

The IndiaAI Mission has selected eight projects from among a number of proposals received from the expression of interest (EoI) floated under the mission’s `Safe and Trusted AI Pillar

Extended PLI scheme for AC, LED light components attract 38 investors

Extended PLI scheme for AC, LED light components attract 38 investors

15 Oct 2024

The Production Linked Incentive (PLAI) scheme for white goods (air-conditioners and LED lights) received 38 responses in its third round of on-line application window.

India, Canada at diplomatic battle again as Treudeu renews anti-India rant

India, Canada at diplomatic battle again as Treudeu renews anti-India rant

15 Oct 2024

India and Canada returned to diplomatic battle with the Government of India ordering six Canadian diplomats, including acting high commissioner Stewart Ross Wheeler, out of the country.

Maharashtra govt frees LMVs from toll at Mumbai's main entry points

Maharashtra govt frees LMVs from toll at Mumbai's main entry points

14 Oct 2024

The Maharashtra government has decided to exempt light motor vehicles (LMVs) from payment of toll at Mumbai's main entry points, from midnight today (Monday)

Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India

Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India

01 Oct 2024

The central government has added ‘Cruise Bharat Mission’ to the long list of mission mode schemes that aim at revitalising various sectors of the economy.

Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers

Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers

30 Sep 2024

The government’s move to save debt-laden Rashtriya Ispat Nigam Ltd (RINL) from certain collapse by merging it with Steel Authority of India (SAIL) Ltd seems to be taking a toll on the Vizag plant’s employees.

Cabinet approves extension of MSP, price stabilisation schemes till 2025-26

Cabinet approves extension of MSP, price stabilisation schemes till 2025-26

20 Sep 2024

The union cabinet has decided to continue with the schemes under the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) that ensure remunerative prices

Uttar Pradesh govt offers 25% additional subsidy for semiconductor units

Uttar Pradesh govt offers 25% additional subsidy for semiconductor units

12 Sep 2024

The Uttar Pradesh government is exploring the possibility of hosting semiconductor fabrication units in the state with potential subsidies of over 75 per cent of their capital cost

Govt extends Rs5 lakh free insurance cover to all citizens above 70 years

Govt extends Rs5 lakh free insurance cover to all citizens above 70 years

12 Sep 2024

The union cabinet on Wednesday approved the extension of health insurance coverage to all senior citizens aged 70 years and above, irrespective of income, in a move that will benefit 45 million families.

Hydrogen use to help lower India’s oil imports by Rs1 lakh crore by 2030

Hydrogen use to help lower India’s oil imports by Rs1 lakh crore by 2030

12 Sep 2024

India’s Green Hydrogen Mission has set a target of 5 million tonne annual production of green hydrogen by 2030, which would help reduce the country’s fossil fuel imports by Rs1 lakh crore

India plans Rs5,00,000-cr sovereign wealth fund

India plans Rs5,00,000-cr sovereign wealth fund

09 Sep 2024

Government of India is planning to create a sovereign wealth fund with a likely corpus of Rs5,00,000 crore by pooling shares of public sector undertakings (PSUs)

India opens market for semiconductor companies in Singapore

India opens market for semiconductor companies in Singapore

07 Sep 2024

India will allow semiconductor companies in Singapore to expand activities into this country under a memorandum of understanding (MoU) signed in Singapore, on Thursday.

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