Inland Waterways Authority of India (IWAI) signed a project agreement with the World Bank on 2nd February 2018, even as the latter entered into a US $ 375 million loan agreement with the Department of Economic Affairs, Ministry of Finance for Jal Marg Vikas Project (JMVP). The signing of the Agreement follows the approval of […]
Category: Business
India and ADB sign $250mn loan to improve rural connectivity in 5 states
The Asian Development Bank (ADB) and the Government of India yesterday signed a $250 million loan to finance the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Prime Minister’s Rural Roads Program (PMGSY). The First Tranche Loan is part of the $500 […]
Pink-Color Economic Survey 2017-18 highlights gender issues
The Pink-color Economic Survey 2017-18 tabled in Parliament on 29th January 2018 by the Union Minister for Finance and Corporate Affairs, Arun Jaitley lays special emphasis on Gender and Son meta-preference, while providing an assessment of India’s performance on gender outcomes relative to other economies. The Survey takes into account that Gender equality is an […]
India is a leading country in coconut production and productivity in the world
India is leading the coconut market. Union Minister for Agriculture and Farmers Welfare, Radha Mohan Singh said that the Coconut Development Board’s (CDB) major schemes are focusing on coconut production, productivity, processing for coconut products, value addition, marketing, and export promotion in Bihar. The Minister said this yesterday on the occasion of the inauguration of […]
Blockchain technology can eliminate the 3 crore pending court cases
Amitabh Kant, CEO of Niti Aayog, recently participated in a session on Governing Advanced Technologies: Blockchain. He was there with the Prime Minister Narendra Modi and was participating at the World Economic Forum. Talking at the session, he highlighted how Blockchain technology can make a difference to India. He told the audience that in context […]
World today looking for ‘global’ roadmap: Dr Jitendra Singh at World Economic Forum
At the World Economic Forum, the Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh said that the world is looking for a new “global” roadmap with uniform parameters, in spite of the diversity and […]
Acquisition of HPCL by ONGC, minister says it is in line with the budget announcement
Minister of Petroleum & Natural Gas and Skill Development and Entrepreneurship Dharmendra Pradhan in New Delhi yesterday met media persons and briefed them about the acquisition of HPCL by ONGC. Pradhan informed that the Government of India entered into an agreement with ONGC on January 20, 2018 for sale of its 51.11% equity shareholding in […]
India and World Bank sign $120 million loan agreement to improve access to water service in UKD
The Government of India, the Government of Uttarakhand and the World Bank Board signed here today in New Delhi, a $120 million Loan Agreement which will help increase access to improved water supply services in peri-urban areas in the State of Uttarakhand. The Agreement for the project was signed by Sameer Kumar Khare, Joint Secretary, […]
Total milk production registers a growth of 4.7%
The milk production in the country during 2016-17 has achieved a remarkable progress by showing 20.13% growth as compared to 2013-14. Further, the milk production have been estimated to be increased by 6.4% in 2016-17 over 2015-16. In past the growth rate of milk production has been 6.3% in 2014-15; 6.3% in 2015-16 and 6.4% […]
Encourage Youth to be job giver and not job seeker: Ram Nath Kovind
The President of India Ram Nath Kovind gave inaugural address at the ‘Economic Democracy Conclave’ organised by Rambhau Mhalgi Prabodhini, Keshav Srushti, Uttan Village at Thane yesterday. The President emphasised upon self-employment and entrepreneurship, by imparting skills, creating conducive ecosystem and encouraging youth to aspire as job giver instead of job seeker. The President at […]