India is going to get her first space park in the IT capital of India- Bengaluru. The park will be set up by Indian Space Research organization (ISRO) in the Whitefield area of the city and private industries will be permitted to use the park for manufacturing facilities and satellite ...
Read More »Maharashtra gov to announce special incentives for Dalit businessmen
Maharashtra government will announce special incentives for dalit businessmen by last of January. It will also help the government to create more jobs by empowering them by providing credit facilities easily available through banks. The state cabinet is likely to clear by end of this month – having a number ...
Read More »India to Remain Fastest Growing Economy: World Bank
The World Bank in its report published on Wednesday projected that the world’s largest democracy would remain the fastest growing large economy in the world for the year 2016. In the report named Global Economic Prospects, the global bank showed that Indian economy to grow at a good rate of ...
Read More »A team of six youngsters wins the contest of PMO App
A group of six youngsters (Team Sanskrit) led by an economic student from Delhi University won the award to develop a mobile app for the Prime Minister’s Office. The contest got 9,281 entries having more than 50,000 ideas on what should be included in the PMO’s mobile app. Started from ...
Read More »People can contribute their ideas to Budget 2016-17
Central government has asked citizens to contribute their ideas and send proposals for this year’s budget. Last year, many suggestions were included in the budget 2015-16. The Ministry of Finance, to make budget making process more transparent and to foster ‘Jan Bhagidari’ – has decided to ask citizens to share ...
Read More »Govt. to launch Rs. 500 crore Pharma Technology Upgradation Fund
The central government is expected to roll out a Pharma Technology Upgradation Fund with a corpus of Rs. 500 crore. This fund will facilitate cheap loans to enterprises willing to upgrade their manufacturing area. At the same time, the Department of Pharmaceuticals is working towards establishing a venture capital fund ...
Read More »India is not immune to Chinese economic slowdown
The year 2016 started with a negative growth prospective for the Indian market, and the wisdom behind “India is immune to Chinese slowdown” felt flat on Monday. Many experts believe (to some extent it’s true) India is an exception to global economic crises at least among emerging economies. And the ...
Read More »India’s first vehicle scrapping policy may be on the cards of Budget 2016
On the line with its commitments to fight against curbing carbon emissions, Union Budget 2016 may have India’s first vehicle scrapping policy to get rid of old and polluting vehicles off the country road – Vijay Chhibber, who retired as secretary, ministry of road transport and highways, on 31 December. ...
Read More »Soon India will have River Information System similar to Air Traffic Control
Indian government is planning to introduce a river information system (RIS) similar to air traffic control for the real time monitoring of ships shuttling in the inland waters network. It will provide real time metrological data and real time data of vessels moving around the water. The online availability will ...
Read More »Develop Native technologies under Make in India initiative: Gadkari to automakers
Union Minister Gadkari on Sunday while pitching for the Make in India drive, called upon automakers to develop indigenous technologies to build environment-friendly car engines. Indian car-manufactures still pay a huge amount of royalty cost to foreign companies and by developing their own, they would be able to save a ...
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