Highway Construction Boost: Vision 2047’s Mega Plan on the Horizon
India is set to embark on a massive infrastructure development project that aims to build 50,000 km of high-speed access-controlled corridors by 2047. This ambitious plan is part of the government’s vision to transform India into a developed economy with a GDP of approximately USD 30 trillion by 2047 . The plan also includes the […]
Centre Stands to Gain ₹55,000 Crore in Dividends from Key CPSEs
The Centre is set to receive a windfall of dividends from its Central Public Sector Enterprises (CPSEs) in the current financial year, thanks to the strong performance of energy, power and commodity firms amid rising global prices. The dividend receipts from CPSEs are likely to be around ₹55,000 crore in FY23, which is 28% higher […]
amil Nadu Global Investor Meet 2024: Mukesh Ambani unveils RIL’s new investment plans
Mukesh D Ambani, the Chairman and Managing Director of Reliance Industries Limited (RIL), India’s largest private sector corporation and a Fortune 500 company, has announced that RIL will make new investments in Tamil Nadu in the fields of renewable energy and green hydrogen. He made this announcement at the Tamil Nadu Global Investor Meet 2024, […]
Petrochemical Duty Concessions: The Contention in India-Oman FTA Talks
India and Oman are in the final stages of negotiating a free trade agreement (FTA) that is expected to boost bilateral trade and investment. However, one of the key issues that may delay the conclusion of the deal is the demand for customs duty concessions on petrochemical products such as polypropylene and polyethylene, which are […]
CMFRI’s recommendations for sustainable fishing in the EEZ
The ICAR-Central Marine Fisheries Research Institute (CMFRI) has put forth a comprehensive set of recommendations to the central government for regulating fishing activities beyond the territorial waters of India. The recommendations are based on a detailed study of the socio-economic and ecological aspects of marine fisheries in the country. Background India has a vast marine […]
GST officers detect over 29,000 bogus firms involved in fake ITC caims of Rs 44,000 cr
Nationwide Operation Against GST Evasion In a significant nationwide operation, GST officers have identified 29,273 fake firms involved in illicit Input Tax Credit (ITC) claims, totalling a staggering Rs 44,015 crore over eight months until December 2023. This drive against fraudulent registrations has been instrumental in safeguarding government revenue, amounting to Rs 4,646 crore. Critical […]
What to Expect from the Vibrant Gujarat Global Summit 2024: Key Highlights and Themes
The Vibrant Gujarat Global Summit, which started in 2003 as an initiative to attract investments in the state, has now become one of the most prominent global forums for business networking, knowledge sharing and strategic partnerships for inclusive growth and sustainable development. The tenth edition of the summit, which will be held from 10th to […]
Network Planning Group’s Evaluation in PM GatiShakti’s Infrastructure Drive
The 63rd Network Planning Group (NPG) meeting, held at Vanijya Bhawan, New Delhi, under the leadership of Special Secretary (Logistics), DPIIT, Smt. Sumita Dawra, discussed several infrastructure projects that aim to enhance the logistical efficiency and connectivity of the country . The projects discussed included a significant new railway line traversing Odisha and Chhattisgarh, facilitating […]