Andhra Pradesh E-pass fee reimbursement scheme is a revolution for Indian education system. Every year AP state government with the help of Higher education has been issuing the scholarship very successfully. Former Andhra Pradesh Chief Minister Y S Rajasekhar Reddy fancied this scheme of reimbursing tuition fees of students belonging to weaker ...
Read More »A new framework by Govt to determine beneficiaries under Welfare Schemes
After the poverty line, the Indian government is looking to move to a new framework to determine beneficiaries of welfare entitlements. This framework is grounded in the Socio Economic Caste Census (SECC), the numbers for which were released this July for rural India. SECC divides households into three brackets: Automatic ...
Read More »Gadkari effect – bureaucracy has become functional!
In corridors of power, it is believed that Gadkari has indeed taken the otherwise insignificant departments of transport and shipping by storm and has made the entire bureaucracy more accountable. has has set a target of constructing 15-km road per day and reviews it on a daily basis. To ensure clean ...
Read More »Delhi Government to spend Rs 5,000 crore to redesign city roads
Delhi Government has decided to redesign over 1,200 km of roads in the capital at a cost of around Rs 5,000 crore. Taking cue from European cities to promote public transport, cycling and making streets friendly for pedestrians and physically- challenged people. Under the project, street furnitures including glass lifts, ...
Read More »India among top 10 acquirers in US market this year
India has been ranked among top 10 acquirers in the US market this year with 16 deals valued at $1.7 billion, says Baker & McKenzie. Majority of the deals were in the pharma sector, with six transactions totalling $1.5 billion, as Indian companies seek to increase their scale in the ...
Read More »India can help us strengthen defence, anti-terrorism: Namibian envoy Pius Dunaiski
The Republic of Namibia is a vast, sparsely populated country situated along the south Atlantic coast. In 2014, it bought 3,400 Indian-made electronic voting machines (EVMs) at a cost of Namibian $10 million. Namibian High Commissioner to India, Pius Dunaiski, said that to boost the country’s defence system, they wanted ...
Read More »Navy signs Rs 5,000 crore pact with Russia’s Zvezdochka for Kilo class submarine refit
The Indian Navy is looking to squeeze some more life out of its two decade old kilo class submarines, signing up a contract with Russia to extend the service life of the boats to 35 years. Struggling with a depleted underwater fleet, the Navy has finalized a contract with Russian ...
Read More »Russia’s Rusnano to invest in Indo-Russian defence joint ventures
Russian sovereign wealth fund Rusnano Management Company will create a $2-billion (Rs 13,000 crore) fund with equal contribution from Indian financial institutions to invest in joint venture companies formed between the two countries. The joint fund will keenly look at modernisation contracts as India plans to spend about $100 billion ...
Read More »HAL-made attack helicopter completes performance trials
Hindustan Aeronautics Limited (HAL) said Light Combat Helicopter, the high-altitude attack helicopter, has completed performance trials paving way for finalisation of basic configuration and expects operational clearance from CEMILAC (Center for Military Airworthiness and Certification). LCH is the only attack helicopter which can operate above 10000-12000 feet altitude with considerable ...
Read More »China’s Sany Group to invest Rs. 4000 crore in Andhra Pradesh on wind projects
China’s construction equipment manufacturer Sany Group has entered into an MoU with Andhra Pradesh government for investment of USD 600 million (Rs 4,000) crore for the period of 2016-2020 establish wind power projects. Sany Group Chairman Liang Wengen said that it would invest USD 3 billion (Rs 20,000 crore) to ...
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