News: A step towards the fight for black money, Rs 6,500 crore of undisclosed foreign assets have been declared under the complains window of the new law and the drive would continue despite its ‘side effects’. In his address to the nation on the 69th Independence Day, he said several important steps including agreements ...
Read More »PM promises power to 18,500 villages within 1,000 days
News: PM has promised to provide electricity to 18,500 villages the country in the next 1,000 days. The officials instead claimed that they can do it only by 2019, but PM said that the country is not ready to wait that long, s finally team India pledges today that power will reach ...
Read More »Aircraft likely to be used for mapping Ganga basins pollution free
News: Fitted with powerful cameras, Special Purpose Aircraft may soon fly over the Ganga to survey the river as it courses through five states for a geospatial mapping of its basin to rid it off the pollution and encroachment. The survey would be conducted under the ambitious ‘Namami Gange’ programme of the ...
Read More »Startup India, stand up India should be our mantra: PM’s Independence Day speech
News: PM’s speech on the independence day was focused on giving a report card of the first 15 months of his governments, although his comments on corruption and the Central Bureau of Investigation (CBI) registering a record number of cases since May 2014 are significant in the context of the ...
Read More »Govt needs to cut political interference in state banks
News: India needs to minimise political interference in public sector banks, as the government announced measures to improve the performance of state-run banks that are struggling with rising bad loans. India’s banking sector has been hobbled by its highest bad-loan ratio in a decade as slower economic expansion hurt companies’ ability to ...
Read More »Govt to spend Rs 14,000 crore to promote eco-friendly vehicles
News: Government will spend Rs 14,000 crore to promote hybrid and electric vehicles in the country. A scheme has been formulated by the ministry to promote hybrid and electric vehicles. Centre is going to spend about Rs 14,000 crore on this scheme. Under the scheme, public transport system in metropolitan cities ...
Read More »Govt clears FDI proposals worth Rs. 10,378.9 crore
News: The government has cleared 23 foreign direct investment proposals, including that of Catholic Syrian Bank and Bandhan Financial Services, amounting to Rs 10,378.9 crore. The investment proposals were approved after the recommendation for the same by the Foreign Investment Promotion Board (FIPB). FIPB has also cleared an investment proposal of Mylan ...
Read More »PM eyes UAE’s $800 billion sovereign fund to boost infrastructure spending
News: PM would try to lure a share from $800-billion sovereign fund of the UAE for infrastructural needs as well as give momentum to Bilateral Investment Protection Agreements (BIPA) that has not functioned to its potential to attract investments. The two sides had signed the BIPA two years back but ...
Read More »MOU signed between India and Nepal for construction of petroleum products pipeline
News: The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, gave its approval for the signing of a Memorandum of Understanding (MoU) between the Government of India and the Government of Nepal for the construction of a petroleum products pipeline from Raxaul (India) to Amlekhgunj (Nepal) and re-engineering ...
Read More »Online Police Verification for Issuing Fresh Passports
News: Under the Passport Seva Project, out of 728 police districts in the country, 654 districts have already been integrated with Passport Seva system for online police verification for issuing fresh passports and renewal of passports. As per January – June, 2015 passport services data, the average time taken by ...
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