Page 828 - Economy & Policy News
Biggest challenge is to get Centre, states work together: CII president
Bajaj said even in states where it is the same party ruling as the Centre, one doesn't see the same level of focus, energy and interest
 "Biggest challenge is to get Centre, states work together: CII president")
Draft Digital India Bill to be available for public consultation by Dec-end
After draft data protection bill, gov is now all set to bring another key legislation -- Digital India Bill -- that will be made available for public consultation by Dec-end, Minister of State for IT
 "Draft Digital India Bill to be available for public consultation by Dec-end")
Govt notifies amendments with more tie-ups for corporate agents
As per the notification, corporate agents can now tie up with nine insurers each in the general, life, and health insurance sectors
 "Govt notifies amendments with more tie-ups for corporate agents")
Centre allows 100% WFH for IT units in SEZs till December 31, 2023
The new rule states that a unit will have to only maintain the lists of employees who are allowed to follow WFH or from any place outside SEZs
 "Centre allows 100% WFH for IT units in SEZs till December 31, 2023")
Labour pain for travel sector: Agencies poaching staff to beat shortage
Smaller outfits losing customers, many firms outsourcing to larger players to stay afloat
 "Labour pain for travel sector: Agencies poaching staff to beat shortage")
Nano DAP might hit the market by the next kharif season, says official
Single superphosphate to be included in 'One Nation, One Fertiliser' scheme in the next few months
 "Nano DAP might hit the market by the next kharif season, says official")
Rajasthan govt implements new rural tourism scheme, promises jobs
Agriculture tourism units will be set up on farm land on areas ranging from 2,000 square metres to two hectares (one hectare is roughly 10,000 square metres)
 "Rajasthan govt implements new rural tourism scheme, promises jobs")
India sees up to $9 bn mobile phone exports in FY23: Rajeev Chandrasekhar
India expects its mobile phones exports to rise to 700 billion rupees ($8.50 billion) to 750 billion rupees ($9.11 billion) this fiscal year, a government minister said on Thursday
 "India sees up to $9 bn mobile phone exports in FY23: Rajeev Chandrasekhar")
India achieves 166GW of renewable energy capacity till October: R K Singh
India has achieved 165.94GW of renewable energy capacity till October as against the target of 175GW by 2022, Parliament was informed on Thursday
 "India achieves 166GW of renewable energy capacity till October: R K Singh")
With jobs no longer secure, career cushioning is taking centre stage
Professionals and students striving to make themselves future-ready, future-proof
 "With jobs no longer secure, career cushioning is taking centre stage")
Layoffs deemed illegal if not carried as per Industrial Disputes Act: Yadav
Amid reports of mass layoffs, Labour and Employment Minister Bhupender Yadav said any retrenchment and layoffs are illegal if not carried out as per the provisions of the Industrial Disputes Act
 "Layoffs deemed illegal if not carried as per Industrial Disputes Act: Yadav")
Power deficit declines to 0.1% in October from 2% in April this year
Power deficit or gap between electricity required and supplied has fallen from two per cent in April this year to 0.1 per cent, Parliament was informed on Thursday
 "Power deficit declines to 0.1% in October from 2% in April this year")
Online gaming industry agrees for 28% GST only on GGR not on entry amount
Online skill-based gaming industry is fine with the government raising GST on online gaming from 18 per cent to 28 per cent but it should be levied only on gross gaming revenue (GGR)
 "Online gaming industry agrees for 28% GST only on GGR not on entry amount")
ADB approves $780 mn loan to expand Chennai's metro rail network
In 2021, ADB committed a record $4.6 billion in sovereign loans to India.
 "ADB approves $780 mn loan to expand Chennai's metro rail network")
Kharif season 2022-23: Paddy procurement gathers pace in Chhattisgarh
The Bhupesh Baghel government is paying a bonus to the farmers under the Rajiv Gandhi Nyay Yojana and facilitating them to get Rs 2,500 for a quintal of yield
 "Kharif season 2022-23: Paddy procurement gathers pace in Chhattisgarh")
India says GM technology important for food security, import reduction
The environment ministry in October granted environmental clearance for indigenously developed GM mustard seeds, potentially paving the way for a commercial release of the country's first food crop
 "India says GM technology important for food security, import reduction")
Urbanisation set to be key with 50% population in cities by 2047: NITI CEO
NITI Aayog CEO Parameswaran Iyer on Thursday said that urbanisation is going to be the key as 50 per cent of India's population will live in urban areas by 2047
 "Urbanisation set to be key with 50% population in cities by 2047: NITI CEO")
India unveils Rs 2.2 trillion plan to upgrade grid for clean power
The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network
 "India unveils Rs 2.2 trillion plan to upgrade grid for clean power")
Concor stake sale: Inter-ministerial group expected to clear EOI today
Based on Concor's current market cap of Rs 46,674.9 crore, a 30.8 per cent stake in the company is valued around Rs 14,376 crore
 "Concor stake sale: Inter-ministerial group expected to clear EOI today")
Uttar Pradesh targets Rs 30,000 crore investment in electric mobility
Plans to develop western, central UP as e-vehicle hubs
 "Uttar Pradesh targets Rs 30,000 crore investment in electric mobility")