Page 2265 - Economy & Policy News
India's second moon mission Chandrayaan-2 to take off on July 15: Isro
Sivan said of the Rs 1,075 crore, nearly Rs 603 crore will be towards satellite development and the balance Rs 375 crore will be for the GSLV MK-III rocket
 "India's second moon mission Chandrayaan-2 to take off on July 15: Isro")
Aadhaar bill gets Cabinet nod, to be introduced in next Parliament session
The Bill will be introduced in next session of Parliament
 "Aadhaar bill gets Cabinet nod, to be introduced in next Parliament session")
Govt expecting allocation of Rs 10,000 cr for MGNREGS with drought looming
The uneven progress of the monsoon so far is likely to increase the demand for work under MGNREGS
 "Govt expecting allocation of Rs 10,000 cr for MGNREGS with drought looming")
PM Modi not to fly over Pak while travelling to Bishkek for SCO summit: MEA
India requested Pakistan to let Modi's aircraft fly over its airspace when he travels to Bishkek. Pakistan accorded an 'in principle' approval to India's request
 "PM Modi not to fly over Pak while travelling to Bishkek for SCO summit: MEA")
India, Russia, China uniting on rising protectionism, WTO reforms at SCO
After focusing on terrorism and defence in 2018, Modi is expected to discuss the ongoing trade war and pitch for greater economic cooperation with Russia and China
 "India, Russia, China uniting on rising protectionism, WTO reforms at SCO")
Tourist arrival growth down to 1.9% over poor marketing, terror threat
An official from Union tourism ministry said the government was working on an action plan
 "Tourist arrival growth down to 1.9% over poor marketing, terror threat")
Arvind Subramanian's growth estimates omit productivity, quality, says CII
'The growth estimates shown by former CEA omits productivity and quality and takes only volume into account,' said CII's Chandrajit Banerjee
 "Arvind Subramanian's growth estimates omit productivity, quality, says CII")
EAC-PM takes on former CEA Arvind Subramanian's paper on India's GDP
In a research paper, Subramanian has said that India's real GDP growth was more likely to have been 3.5-5.5 per cent in 2011-2016
 "EAC-PM takes on former CEA Arvind Subramanian's paper on India's GDP")
Retail inflation at 7-month high of 3.05% in May, within RBI's comfort zone
The previous high was in October 2018, when the retail inflation print came in at 3.38 per cent
 "Retail inflation at 7-month high of 3.05% in May, within RBI's comfort zone")
Relief for operators as TRAI extends deadline for revised mobile port norms
The move came after telecom service providers and other players involved in the port out process sought extension of the original June 13 deadline
 "Relief for operators as TRAI extends deadline for revised mobile port norms")
Food service industry to touch Rs 6 trn mark by FY23, to grow at 9%: Report
The report by the National Restaurant Association of India noted that the market size was Rs 4.23 lakh crore in 2018-19
 "Food service industry to touch Rs 6 trn mark by FY23, to grow at 9%: Report")
Tribals oppose allotment of iron ore mine to NMDC, continue with strike
The agitation entered the sixth day on Wednesday even as production in NMDC's Bacheli-Kirandul complexes remained affected
 "Tribals oppose allotment of iron ore mine to NMDC, continue with strike")
PM's economic council to issue 'point to point' rebuttal to ex-CEA's claims
The Economic Advisory Council-PM (EAC-PM) also asserted that any attempt to sensationalise what should be a proper academic debate about GDP numbers is "not desirable"
 "PM's economic council to issue 'point to point' rebuttal to ex-CEA's claims")
Odisha readies 40 mineral blocks for auction; panel to decide on modalities
The blocks to be offered for auctions are a mix of virgin deposits and leases, owned by private miners, which are set to expire by March 31, 2020
 "Odisha readies 40 mineral blocks for auction; panel to decide on modalities")
Japan to invest Rs 13,000 cr in northeast in infrastructure projects
The details of the Japanese investment in the northeast were disclosed at a meeting of DoNER Minister Jitendra Singh with a Japanese delegation led by Ambassador Kenji Hiramatsu
 "Japan to invest Rs 13,000 cr in northeast in infrastructure projects")
May retail inflation rises to 3.05%, industrial production gains in April
Industrial production stood at 3.4 per cent compared to -0.1% in March.
 "May retail inflation rises to 3.05%, industrial production gains in April")
Niti Aayog's 'privatisation' recipe irks public sector powermen union
Union says 'experiments' of privatisation and franchisee models had failed across the country; asks Centre to discuss related issues with power sector engineers for framing a fruitful power policy
 "Niti Aayog's 'privatisation' recipe irks public sector powermen union")
UP govt launches fight against shell firms, 317 companies face action
According to UP additional chief secretary Alok Sinha, the state government has cancelled registration of 131 firms and lodged FIRs against 45 others
 "UP govt launches fight against shell firms, 317 companies face action")
Jalan panel defers report on RBI surplus funds after lack of consensus
The six-member committee led by former RBI governor Bimal Jalan will met once more before submitting its report by the month-end.
 "Jalan panel defers report on RBI surplus funds after lack of consensus")
Jalan panel defers report on RBI surplus funds over difference of opinion
The six-member panel, headed by Former RBI Governor Bimal Jalan, was originally supposed to submit the report in April.
 "Jalan panel defers report on RBI surplus funds over difference of opinion")