Small Tea Growers Advocate for Inclusion in Farmer Welfare Schemes
The Confederation of Indian Small Tea Growers Associations (CISTA), the apex body of small tea growers, has appealed to the central government to include them in various farmer welfare schemes, highlighting their challenges in pricing and bargaining power. CISTA president Bijoy Gopal Chakraborty wrote a letter to Commerce and Industry Minister Piyush Goyal, outlining the […]
Adani Group’s Massive Investment Plan: Rs 2 Lakh Crore for Gujarat and 1 Lakh Jobs in Five Years
Introduction The Adani Group, one of India’s largest conglomerates, has announced its intention to invest Rs 2 lakh crore ($24 billion) in the green energy and renewable energy sectors in Gujarat over the next five years. This was revealed by the group’s chairman, Gautam Adani, at the Vibrant Gujarat summit held on January 10, 2024. […]
National Pension System Status Report: A Key Feature of the Upcoming Interim Budget?
Introduction The National Pension System (NPS) in India has been a topic of substantial discussion and review, particularly in the lead-up to the Interim Budget of 2024. This article provides a comprehensive overview of the latest developments and potential changes in the NPS, sourced from recent reports and official statements. Committee Review and Report A […]
Interim Budget and EVs: A Roaring Success or a Mere Whisper?
Introduction The Indian government’s interim budget for 2024 has been a topic of keen interest, particularly regarding its impact on the electric vehicle (EV) sector. As India strides towards sustainable transportation, the extension and implications of the FAME II scheme within this budget framework have been pivotal. The Interim Budget 2024 Set to be presented […]
Government Plans 6,000 km of Highways for Electric Vehicles on Golden Quadrilateral
The government is working on a plan to build electric vehicle-ready highways on the Golden Quadrilateral, the longest highway network in the country that connects the four major cities of Delhi, Mumbai, Kolkata and Chennai. The aim is to reduce fuel consumption and vehicular emissions by electrifying intercity public transport. Vision 2030: PM Public Transport […]
UPI Payment System Launch on the Horizon: India and Sri Lanka Engage in Discussions
India and Sri Lanka are in talks to launch the Unified Payments Interface (UPI) payment system in the island nation, a move that will boost bilateral trade and tourism. UPI is a real-time payment system that allows users to transfer money using a mobile app linked to their bank accounts. UPI-Lanka Pay Agreement The discussions […]
Government Develops Strategy to Reduce Water and Fertiliser Usage, Enhance Soil Health
The government of India is working on a comprehensive strategy to improve the sustainability and productivity of the agriculture sector by 2047, the year when the country will celebrate its 100th year of independence. The strategy involves reducing the use of water and fertilisers, enhancing the soil quality by using organic products, diversifying the crops […]
IndusInd Bank Launches ‘Samman RuPay Credit Card’ Exclusively for Government Staff
IndusInd Bank, in collaboration with National Payments Corporation of India (NPCI), has launched the UPI-enabled ‘IndusInd Bank Samman RuPay Credit Card’ for government sector employees. This credit card is specially designed to provide them with a range of exclusive benefits and enhance their overall banking experience. Some of the key features of the Samman RuPay […]
RBI Greenlights PFC’s IFSC Finance Company in GIFT City
What is PFC? Power Finance Corporation (PFC) is an infrastructure finance company under the power ministry. It provides financial assistance to various power projects in the country, such as generation, transmission, distribution, and renewable energy. PFC also offers consultancy services and promotes energy efficiency and conservation. As of March 2023, PFC had a loan portfolio […]
Denmark Spearheads Sustainable Energy Collaboration with Green Fuels Alliance India Launch at GIM 2024
Denmark has launched a new initiative to boost its collaboration with India in the sustainable energy solutions sector, especially in the field of green fuels such as hydrogen and its derivatives. The initiative, called Green Fuels Alliance India (GFAI), was announced at the Global Investors Meet (GIM) 2024 in Chennai, where Denmark was the partner […]