Page 2058 - Economy & Policy News

Govt to offer private hospitals incentive to boost Modicare scheme: Report

India has so far registered about 20% of the eligible 500 million people, due to lack of public awareness of the scheme and low private sector participation

Plan of Bengal, Assam govts to boost tea tourism finds few takers

Banks, on the other hand, are looking to extend lines of credit despite recent rating downgrades of major listed tea companies

DPIIT received complaints of e-commerce firms offering discounts: Goyal

The Reserve Bank of India (RBI) administers the FEMA and Directorate of Enforcement is the authority for the enforcement of the act

Andhra govt cancels licenses of all bars; to allot new ones via lottery

Chief Minister YS Jagan Mohan Reddy has directed officials to shut down 40% of the 798 bars in the state

Railways to outsource onboard services, no large-scale privatisation plans

In reply to a query in the Rajya Sabha, the ministry said that while private players will be allowed to run trains, the responsibility of its safety lay with the railways.

Is natural gas key to sustainable development model? NGOs think otherwise

Extracting and transporting natural gas notably results in significant emissions of methane, a greenhouse gas 30 times more potent than CO2.

Rajnath calls for increased synergy between DRDO, domestic defence industry

He asked the DRDO and industry to explore new ways for enhancing synergy to achieve the goal of self-sufficiency," a government press release said.

Govt concerned over fake invoicing in B2B trade impacting GST collections

He also asked the industry to contribute towards making India a USD 5 trillion economy.

Railways needs Rs 50 trn in next 12 years to meet demands: Piyush Goyal

He said: "Despite that, the ministry have almost two-and-a-half times more investment in the Railways in the last five years".

Food regulator slaps notice on McDonald's for 'irresponsible advertising'

A full page advertisement by McDonald's in newspapers had said, "Stuck with Ghiya-Tori Again? Make the 1+1 Combo you love".

$5 trillion economy: MSME sector has crucial role to play, says Assam CM

Sonowal also appealed to the entrepreneurs to take benefits of the National SC/ST hub to add capacity building.

Defence Ministry allocates Rs 400 cr to set up testing facilities for MSME

75% of equipment at each unit to be financed by govt, rest to come from private investors; 6-8 facilities planned in south and north defence corridors

Addressing challenges offer scope for growth in electronics sector: IT Secy

He added that challenges in sectors like agriculture, transportation, energy, logistics and industrial automation also present opportunities for developing solutions.

India needs to tighten up procurement processes of defence technology: US

The official acknowledged India's purchases of military hardware from Russia but underlined that the Trump administration was not seeking to punish a country with a long sustainment line

Defence Ministry allocates Rs 400 cr to set up testing facilities for MSME

75 per cent of equipment at each unit to be financed by govt, rest to come from private investors; 6-8 facilities planned in south and north defence corridors

Trillion-dollar economy target: UP govt framing new export policy

State partners with Federation of Indian Export Organisations for draft paper, may place it before cabinet for approval next month

MoS Railways says Rs 4,093 cr allocated to Bihar, 55 projects underway

On a specific query on when the Hajipur-Mohua rail line was started, he said it was started almost 14 years ago but has been pending for some reasons.

Four-fold compensation for villagers displaced by Gare Palma coal mine

Decision entails an additional burden of Rs 75 cr; earlier compensation was twice the market price of land surrendered

Appliances & consumer electronic mkt to double to Rs 1.5 trn by FY25: CEAMA

The TV market is expected to grow to 284 lakh units in 2024-25 from 175 lakh units in 2018-19 and washing machines to be at 126 lakh units from 70 lakh units of 2018-19.

Govt awaits Labour ministry's verdict on modifying consumer price indices

On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry.