Page 907 - Economy & Policy News
5G roll out in India likely to create 45,000 jobs in next 2 quarters
The mere anticipation of the roll out has already resulted in 80,000 5G related hiring in the current calendar year.
 "5G roll out in India likely to create 45,000 jobs in next 2 quarters")
UNGA: India votes with West on 3 procedural matters, silent on Ukraine
While External Affairs Minister was quiet on India's vote on the upcoming resolution in UNGA condemning Russia's annexation of parts of Ukraine, India has voted with the West on 3 procedural matters
 "UNGA: India votes with West on 3 procedural matters, silent on Ukraine")
AP govt to raise taxes on vehicles to collect Rs 200 cr additional revenue
The Andhra Pradesh government is all set to enhance the quarterly tax on transport vehicles to raise an additional revenue of Rs 200 crore
 "AP govt to raise taxes on vehicles to collect Rs 200 cr additional revenue")
Government weighs cancelling reverse auction for renewable power offers
According to data from the ministry of power, India has installed wind and solar capacities of 41.205 GW and 59.303 GW, respectively
 "Government weighs cancelling reverse auction for renewable power offers")
Railways plans to set up EV charging points at major stations in 3 years
Over the next three years, the Indian Railways will install EV charging points at all major stations across the country under a new policy
 "Railways plans to set up EV charging points at major stations in 3 years")
As MPC raises growth projections, what makes the panel so optimistic?
The MPC believes that there is growth momentum due to better farm production, government policies to boost capex, improvement in business and consumer sentiment
 "As MPC raises growth projections, what makes the panel so optimistic?")
How wind power fell behind solar in India?
Wind power, which had an impressive head start in India, has reported moderated growth in the last few years, with solar dominating the renewable energy mix. Why is it so? Let us find out
 "How wind power fell behind solar in India?")
Foreign manufacturers need FSSAI nod from Feb 1 for milk, meat exports
Food regulator FSSAI has made it mandatory for foreign food manufacturing facilities to register with it for exporting products such as meat, milk and infant foods to India.
 "Foreign manufacturers need FSSAI nod from Feb 1 for milk, meat exports")
Involving private players in grain procurement needs clear modalities
The idea in itself is not new and previously several attempts have been made to involve private players in official procurement, most recently in oilseeds
 "Involving private players in grain procurement needs clear modalities")
Sovereign Green Bonds: What lessons can India draw from other nations
As of mid-2022, there are 26 countries with combined volumes of $227 billion in sovereign green debt
 "Sovereign Green Bonds: What lessons can India draw from other nations")
Indian economy's slow-but-steady activity awaits festive season boost
India's economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches
 "Indian economy's slow-but-steady activity awaits festive season boost")
As consulting firms enter tech, problems grow for Indian IT companies
European clients, which typically account for a quarter to a third of Indian firms' sales, are almost certain to cut their tech budgets - at least until the war in Ukraine comes to an end
 "As consulting firms enter tech, problems grow for Indian IT companies")
Inclusive digitisation: G20 nations need to adopt inter-operable platforms
G-20 member nations must discuss all these issues irrespective of the conflict and arrive at certain principles to take the world forward
 "Inclusive digitisation: G20 nations need to adopt inter-operable platforms")
For UN missions, Bharat Forge rolls out 16 Kalyani M4 vehicles to Army
"The (Kalyani M4) vehicle can withstand three tri-nitro-toluene charges under the wheels and one 50 kg IED blast at one side," stated the media release
 "For UN missions, Bharat Forge rolls out 16 Kalyani M4 vehicles to Army")
India lost out more than its peers in forecast revisions for 2022
The IMF had revised India's forecast from 1.6 percentage points from 9 per cent in January 2022 to 7.4 per cent in July 2022
 "India lost out more than its peers in forecast revisions for 2022")
Recovery tracker: More air passengers, retail and recreation visits rise
Railway freight indicators growing slower than before
 "Recovery tracker: More air passengers, retail and recreation visits rise")
Lokayuktas' report card: Only seven of the 29 release their annual reports
There is no official website for the Lokayuktas of 10 states, including Delhi
 "Lokayuktas' report card: Only seven of the 29 release their annual reports")
UP govt to promote private industrial parks under the 'make-in-UP' theme
The proposed policy aims to establish UP as an internationally competitive investment destination, generating employment and stoking sustainable economic growth.
 "UP govt to promote private industrial parks under the 'make-in-UP' theme")
Rural tourism to be based on culture, economic characteristics in Rajasthan
The government proposes to develop tourist accommodation facilities including home stay, drinking water, safety, internet connectivity, and caravan parks in partnership with private players.
 "Rural tourism to be based on culture, economic characteristics in Rajasthan")
Govt schools to be painted with shades of cow dung in Chhattisgarh
The state government would set up the units, for which technology transfer agreements have been signed with KVIC
 "Govt schools to be painted with shades of cow dung in Chhattisgarh")