News: India’s 13th major port will come up at Dahanu, on fully reclaimed land and the project envisaging an investment of upto Rs 6,000 crore is likely to be completed over in net three years. Key Features: The port would be located 4.5 nautical miles off the Dahanu coast in northern ...
Read More »Australia to invest USD 10 billion for India
News: Australia has lined up investments worth USD 10 billion for India as it is looking for greater co-operation with the country. Description: Australian High Commissioner to India Patrick Suckling has said that one of the key elements of Indian foreign policy is ensuring its energy security and Australia can ...
Read More »10 crore enrollments in the social security schemes
Nearly 10 crore of the Indian citizens have been enrolled under the recently launched 3 social security schemes. Prime Minister Narendra Modi has showed immense happiness towards this achievement and has mentioned “Enthusiasm of people towards social security schemes and efforts of banks have been very gladdening. They made this record ...
Read More »Redevelopment Policy to be announced soon in Gujarat
Current Policy Updates: The Gujarat government is expected to announce a ‘redevelopment policy’ to initiate building of 1 lakh affordable houses in cities like Ahmedabad, Rajkot, Vadodara and Surat. The policy primarily aims to build new houses in place of old, again and dilapidated houses built around 15 to 25 ...
Read More »Maharashtra Govt to sign a MOU with Netherlands
News: Agreement is regarding a construction of a coastal road and is expected to be signed during a 3 day visit of the Dutch PM Mark Rutte. Rutte will be holding a business meet with Devendra Fadnavis. He’ll also be meeting CEOs and business tycoons at Bombay House. According to ...
Read More »India to become the member of Shanghai Cooperation Organisation
India has enjoyed observer status at the Shanghai Cooperation Organisation since 2005, and now has joined the organisation as a member. It believes membership of SCO will help expand its footprint in hydrocarbon-rich Central Asia, Russia and Eurasia. The formal announcement on India’s membership could come at the next SCO summit ...
Read More »India Bangladesh Border Disputes to end soon
India – Bangladesh border disputes While India and Bangladesh share one of the world’s longest land borders, crossing it isn’t easy. Cargo trucks drive hundreds of miles through a chokepoint known as the Chicken’s Neck to circumvent Bangladesh and reach India’s isolated northeast states. Shipping containers can make detours as ...
Read More »Railways to generate 1000 MW solar power in the next five years
News: Railways is planning to come out with a solar policy for procuring 1000 MW solar power in the next five years. For the same railways proposes to install solar power plants of about 8.8 MW capacity at railway stations, railway office buildings and level crossing gates throughout the country ...
Read More »Saving of $2 billion in four years through LED lights consumption
News: The government is planning to save $2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights. Another important step towards power saving is to boost rooftop solar power production. Description: The plan is to cut down energy demand ...
Read More »Window dressing of accounts to be checked by the banks
News: The government is overhauling the annual targets for public sector banks from this month, to focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives. Description: Overhauling the bloated and often sluggish state banks is critical for the ...
Read More »