The OSAT unit will assemble 20,000 wafers a month and generate 2,000 jobs; it is the sixth project approved under the India Semiconductor Mission
The revised SHAKTI policy introduces two windows for coal allocation, enabling access through auctions and easing processes for greenfield and brownfield thermal power projects
India's last national census was scheduled to take place in 2021 but was delayed due to the Covid-19 pandemic
Tensions between India and Pakistan have flared since the Pahalgam attack last week, in which at least 26 people were killed
With these 15,000 GPUs, total number of GPUs in India could be 33,000
Senior IAS officer of Bihar cadre Keshav Kumar Pathak has been appointed as Additional Secretary in the Cabinet Secretariat as part of a major senior-level key bureaucratic changes announced by the Centre on Friday. Pathak, a 1990 batch Indian Administrative Service (IAS) officer, is presently the chairman of Bihar Revenue Board. The Appointments Committee of the Cabinet has approved his appointment as Additional Secretary, Cabinet Secretariat, by temporarily upgrading a vacant post of Joint Secretary, a Personnel Ministry order said. His cadre mate N Saravana Kumar, a 2000 batch IAS officer, has been appointed as Vice Chairman, Delhi Development Authority (DDA), it said. Senior bureaucrat Bhuvnesh Kumar has been named as Chief Executive Officer, Unique Identification Authority of India (UIDAI), the order said. A 1995 batch IAS officer of Uttar Pradesh cadre, Kumar is Additional Secretary, Ministry of Electronics & Information Technology (MeiTY). Amitesh Kumar Sinha, a 1997 batc
The Union Cabinet on Wednesday approved a 19.2-km Zirakpur Bypass road project in Punjab and Haryana to be built at a cost of Rs 1,878.31 crore. The six-lane Zirakpur Bypass will start from Junction with NH-7 (Zirakpur-Patiala) and end at Junction with NH-5 (Zirakpur-Parwanoo) with a total length 19.2 km in Punjab and Haryana. The total capital cost of the project is Rs 1,878.31 crore, an official release said. "The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved construction of 6 lane access-controlled Zirakpur Bypass with length of 19.2 km worth Rs 1,878.31 crore in Punjab and Haryana on Hybrid Annuity Mode," it said. The primary purpose of the project is to ease congestion in Zirakpur, Panchkula and surrounding areas by diverting traffic from Patiala, Delhi, Mohali Aerocity and providing direct connectivity to Himachal Pradesh. The current proposal aims at reducing the travel time and ensuring hassle-free traffic movement in the conges
Union Cabinet on Friday approved the Vibrant Villages Programme -II, furthering its commitment to the vision of safe, secure, and vibrant land borders
A total of 91,600 direct jobs are likely to be generated under the scheme, Union electronics and information technology minister Ashwini Vaishnaw said
The Union Cabinet on Friday approved a four-lane access-controlled Patna-Sasaram corridor project in Bihar at an estimated cost of Rs 3,712.40 crore, an official statement said. Currently, the connectivity between Sasaram, Arrah and Patna relies on existing state highways (SH-2, SH-12, SH-81 and SH-102) and takes 3-4 hours due to heavy congestion, the Ministry of Road Transport & Highways said. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the construction of a 4-lane access-controlled greenfield and brownfield Patna Arrah Sasaram corridor, starting from Patna to Sasaram (120.10 km) in Bihar, the ministry said. The project will be developed on Hybrid Annuity Mode (HAM) at a total capital cost of Rs 3,712.40 crore. A greenfield corridor, along with 10.6 km of upgradation of the existing brownfield highway, will be developed to reduce the increasing congestion, catering to the needs of densely built-up areas in places like .
Electronic industry has been urging the central government to create a separate production-linked incentive for non-semiconductor electronics since 2022
The Union Cabinet on Friday approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said. It is the first scheme that focuses on promoting the manufacturing of passive electronic components. The minister said that the scheme will create direct employment for 91,600 people and attract investment of around Rs 59,350 crore. "Passive components are approved under the Electronics Component PLI scheme. It has a total package of Rs 22,919 crore. This will be over six years," Vaishnaw said. The minister said that that segment will serve the requirements of several sectors, including telecom, consumer electronics, automobile, medical devices, power sector etc. He said that the scheme is expected to lead to production of Rs 4.56 lakh crore. According to electronics component makers body Elcina, non-semiconductor components production in India was around USD 13
The Union Cabinet headed by Modi on Wednesday approved an incentive scheme worth approximately Rs 1,500 crore to promote UPI transactions below Rs 2,000 for 2024-25
According to an official statement, the project will be developed on build, operate and transfer (BOT) mode at a total cost of Rs 4,500.62 crore
The plant will be established with an estimated total project cost of Rs 10,601.40 crore with debt-equity ratio of 70:30 through a Joint Venture
Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants
On concerns regarding possible environmental damage by the project, the minister added that all relevant stakeholders have been consulted, only after which the project has been approved
The Union Cabinet has approved two ropeway projects worth ₹7,500 crore-connecting Sonprayag to Kedarnath and Govindghat to Hemkund Sahib Ji-to provide faster, eco-friendly transport for pilgrims
The scheme aims to improve the animal health sector by implementing prophylactic vaccination programmes against various diseases of livestock and poultry
In addition, the official stated that in the new income tax bill, authorities have not been given excessive powers