In News Recently, the Ministry of Electronics and Information (MeitY) started seeking applications from 100 domestic companies, start-ups and MSMEs under its Design Linked Incentive (DLI) Scheme. About Design Linked Incentive (DLI) Scheme. It was announced in December 2021 by MeitY. Under this, financial incentives and design infrastructure support will be extended to domestic companies, […]
In News Recently, the report of the second quarter of Quarterly Employment Survey (QES), part of All-India Quarterly Establishment-based Employment Survey (AQEES) was released. Key Findings Employment: Total employment in nine select sectors stands at 3.1 crore for the quarter ending September 2021. So, employment is showing an increasing trend. The total employment for these […]
In News Recently, a positive indigenisation list of sub-systems/assemblies/subassemblies/components has been notified by the Ministry of Defence. Major Points The products will only be procured from Indian Industry after the timelines indicated in the list. The list contains 2,500 imported items that have already been indigenised and 351 imported items which will be indigenised in […]
In News Recently, the Multi Product pipeline from Bina Refinery (MP) to POL Terminal at Panki, Kanpur (UP) was dedicated to the nation by the Prime Minister of India. The project has been completed and commissioned one month ahead of the approved completion schedule of December 2021 (3 years from PNGRB authorisation) and within the […]
In News The Union Cabinet approved a ?76,000 crore scheme to boost semiconductor and display manufacturing in the country. About the Programme Program for Development of Semiconductors and Display Manufacturing Ecosystem in India aims to provide a globally competitive incentive package to companies in semiconductors and display manufacturing as well as design. The program will […]
Context The government has so far disbursed Rs 2,071 crore for 4,003 projects under the Agriculture Infrastructure Fund. About Agriculture Infrastructure Fund It is a pan India Central Sector Scheme launched in the year 2020. Aim: To provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure […]
In News India’s services sector activity expanded at the second-fastest pace in more than a decade during November, driven by a sustained rise in new work and improvement in market conditions. Service Sector in India The service sector is the largest and fastest-growing sector in India and has the highest labour productivity. India’s services sector […]
In News IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 55.9 in October to 57.6 in November. The Indian manufacturing sector continued to expand strongly in November, as an accelerated rise in sales supported the fastest upturn in production for nine months. This signalled the strongest improvement in the health of the sector […]
In News National Milk Day is observed across India on November 26 in memory of the father of the white revolution, Dr Verghese Kurien. This year is also the birth centenary year of Dr Kurien. About National Milk Day In the year 2014, the Indian Dairy Association (IDA) took the initiative to celebrate National Milk […]
In News The foundation stone of the Noida International Airport at Jewar in Uttar Pradesh was laid by the Prime Minister of India. About the Noida International Airport The airport is being developed by Yamuna International Airport Private Limited (YIAPL), a 100 per cent subsidiary of the project’s Swiss concessionaire Zurich International Airport AG at […]
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