Macro & Economy

Prime Minister Felicitates Winners of Swachh Survekshan 2018 @ Indore- Madhya Pradesh

Prime Minister Felicitates Winners of Swachh Survekshan 2018

Prime Minister Narendra Modi said that the success and milestones achieved by the Swachh Bharat Mission has been possible due to the efforts and participation by the citizens across the country. He said that there is now a perceptible positive change in the mindset of the people towards Swachhata. He emphasised on the efforts of cities of Madhya Pradesh especially Indore ...

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Air-Conditioners can add to savings and health; 24 degree Celsius is ideal: Study

Superb Convention by CPAI at Le Meridien New Delhi on 16 June 2018. Seen in picture is CPAI office Bearers with Arjun Ram Meghwal, Union Minister of State for Water Resources, River Development & Ganga Rejuvenation. But, Harsh Air Conditioning made delegates feel uncomfortable. Its one such example that can motivate all to set the right temperature and save costs and add health and more compliment to the show.

Its often one feel obnoxiously cold at various establishments be it corporate offices, hospitals, or hotels, which is due to habit of choosing a wrong ambience temperature. One recent instance was at an all superb Convention by CPAI at Le Meridien New Delhi on 16 June 2018. Seen in picture is CPAI office Bearers with Arjun Ram Meghwal, Union Minister of State ...

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NITI Aayog Composite Water Management Index warns India of looming water crisis; aims to incentivise states on efficient water management through competitive federalism

Aimes at inspiring states and UT's undertake most efficient water management policies- Nitin Gadkari, Union Minister for Water Resources, River Development & Ganga Rejuvenation (WR,RD&GR) shall be releasing the NITI Aayog's Composite Water Index during a press conference soon!

The objective of Sabka Saath, Sabka Vikas can be fully achieved once the benefits of the interventions reach the last mile. As a step beyond measurement of outcomes, NITI Aayog has come out with various indices that not only fulfills its mandate of cooperative and competitive federalism but also challenges States and Union Territories (UTs) them to meet the aspirations of the ...

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Digital India gets savvy for real time employment data; Sixth Annual Employment Unemployment Survey (2016-17) report likely by September 2018

New Economic Activities and ongoing structural changes do make it necessary to conduct periodic employment survey to find the trends and real employment situation in the country and help youth find productive outlays. Seen in file  picture are students of various schools visited the “CSIR Platinum Jubilee TechnoFest”, organised by the CSIR-Central Building Research Institute, Roorkee, Uttarakhand on August 11, 2017.

Government has taken measures in recent past to bring in more transparency in data releases. It would like to present a proper perspective on these issues so that the end users and public at large become aware of the processes involved in generation of these estimates. Labour Bureau conducts two major surveys on employment scenario i.e Annual Employment-Unemployment Survey (EUS) ...

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MoSPI to revise base year of macroeconomic indicators to 2017-18 for New India

To help media friends understand macro-picture better MoSPI released and official clarification to help understand the purpose behind revision of base years to get correct macro picture. Seen in the file picture is D.V. Sadananda Gowda, Union Minister for Statistics and PI inaugurated the Sankhyiki Bhawan on 30.05.2017

Economic Development and Employment Generation are the two important factors that global economy is looking at all possible centres in the world and it also augurs great prospects of electoral advantage. But, then for real trends and macro-economic picture the data has to be readily updated as the nature of economic activities change over time along with structural changes depending on the ...

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India’s first indigenous Lithium Ion Battery project to help cut its imports from China, Japan and South Korea

CSIR lab to give technology for India’s first indigenous Lithium Ion Battery project

Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power have signed a Memorandum of Agreement for transfer of technology for India’s first Lithium Ion (Li-ion) Battery project. The Agreement was signed in Bengaluru on  June 09, 2018 by Vijayamohan K. Pillai, Director, CECRI and C. Narasimhan, Chairman-cum-Managing Director of ...

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The IBC (Amendment) Ordinance, 2018 and the Homebuyer

Modern Townships and state of the art roads are hallmark of growing aspiration and economic development. Seen in picture is a modern township and roads under construction at Kundli- Haryana. Pic for representation purposes only.

“Post 1991 economic liberalisation, there has been a phenomenal growth in the creation of new townships, urbanisation and more particularly sub-urbanisation.  This trend is likely to accelerate.  Economic growth gives rise to aspirations.  More purchasing power, migration from rural areas and aspiration to improve the quality of life are increasing.  In and around major townships massive real estate projects have been coming up.  Many of ...

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‘India can turn into a leading supplier for all talent in the Port and Maritime sector’

The Secretary, Ministry of Shipping, Gopal Krishna addressing at the inauguration of a one day workshop on “Skill Development in the Port and Maritime Sector”, in New Delhi on June 08, 2018.
	The Member of Parliament (Lok Sabha), Andaman and Nicobar Islands, Shri Bishnu Pada Ray and other dignitaries are also seen.

Ministry of Shipping in association with Deen Dayal Upadhyay Gramin Kaushal Yojana (DDU-GKY), Ministry of Rural Development conducted a one-day workshop on “Skill Development in the Port and Maritime Sector” in New Delhi on 8 June 2018. The workshop was inaugurated by Secretary (Shipping) Gopal Krishna and Bishnu Pada Ray, Member of Parliament from Andaman and Nicobar. Speaking on the occasion Secretary, Shipping ...

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India’s Atal Bhujal Yojana gets World Bank backing; to help ground water management in Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh

Atal Bhujal  Yojana to be implemented over a period of five years from 2018-19 to 2022-23 aims to  improve ground water management in priority areas in the country through community participation especially in  priority areas states of  Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh.

The World Bank has approved Atal Bhujal Yojana (ABHY), a Rs.6000 crore Central Sector Scheme of the Ministry of Water Resources, River Development  and Ganga Rejuvenation. The scheme is  to be implemented over a period of five years from 2018-19 to 2022-23, with World Bank assistance. The scheme proposal has already been recommended by the Expenditure Finance Committee and the ...

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Internet of Things (IoT) market in India to touch $15 billion with 2.7 billion units by 2020

The Secretary, (Telecom), Aruna Sundararajan and other dignitaries at the inauguration of a seminar on Internet of Things (IoT), organised by the Dept. of Telecommunications in collaboration with GSMA, in New Delhi on June 05, 2018.

The need of promoting innovation and harnessing the potential of Internet of Things (IoT) is imperative for solving practical problems in India, said Telecom Secretary Aruna Sundararajan. All initiatives in IoT should translate into business models which can be replicated across sectors, she added. Sundararajan inaugurated a seminar on IoT organised by Deprtment of Telecommunications in collaboration with GSMA, New ...

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Niti Aayog’s roadmap to mitigate the Environmental hazards of a growing economy to be based on Methanol Economy?

Air Pollution in Delhi had peaked to hazardous level in first week of November 2017 like in many previous years. Methanol Economy is likely to cut pollution, dependence on fossil fuels and add billions worth of saving to exchequer and support India's economic development.

Prime Minister of India Narendra Modi is among the top and most influential leaders today and rightly so! On display was the vision that makes him so power a leader in the otherwise simple speech that PM made on the World Environment day 2018. Modi took no time addressing the global stakeholders who had gathered in New Delhi, India being the official ...

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India encourages whistle blowers to join forces against black money, tax evasion, benami assets; Informants can win rewards upto Rs5crore

Benami Transactions Informants Reward Scheme, 2018

With the objective of obtaining people’s participation in the Income Tax Department’s efforts to unearth black money and reduce tax evasion, a new reward scheme titled “Income Tax Informants Reward Scheme, 2018” has been issued by the Income Tax Department, superseding the earlier reward scheme issued in 2007. Under the revised scheme, a person can get reward up to Rs. ...

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