Category: Business & Economics

Steel is a de-regulated sector and the Government of India acts as a facilitator, by creating a conducive policy environment for the development of this sector. Government has taken the following measures towards achieving the desired projections of National Steel Policy 2017 :-   Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) policy for promoting Made in India steel for Government procurement. Notification of Production-Linked Incentive (PLI) Scheme for Specialty Steel with an outlay of Rs. 6,322 Crore to promote the manufacturing of specialty steel within the country. Make in India initiative and the PM Gati-shakti National…

“Number of PANs not linked with Aadhaar, excluding exempted categories, is 11.48 crore as on January 29, 2024,” Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. he government has collected over Rs 600 crore as penalty for delay in linking PAN with Aadhaar, and about 11.48 crore Permanent Account Numbers are still not linked with biometric identity, Parliament was informed on Monday. “Number of PANs not linked with Aadhaar, excluding exempted categories, is 11.48 crore as on January 29, 2024,” Minister of State…

Paytm founder Vijay Shekhar Sharma reassured its extensive user base of over 300 million. Sharma asserted, “Your favorite app is working and will keep working beyond February 29 as usual.” Despite this reassurance the stock plummeted from ₹761.4 on Wednesday afternoon to ₹609 as markets opened the next day, resulting in a loss of $1.2 billion in market value. PBBL, in response to customer concerns, assured that their money is “safe” and that the RBI directive does not impact existing balances. Paytm, announced it is taking “immediate steps” to comply…

(A field report on the lives of fishermen in Odisha’s fishing hub at Balugaon) Balugaon, a small town in the Khordha district of Odisha has been its economic core for years now. The place has a humble occupancy of 3,735 families with a population size of 17,645(Census 2011). It is not difficult for any stranger entering its vicinity to guess the line of business in Balugaon – the strong smell of fish and the hustle-bustle of the fishing community detest and allure at the same time. Balugaon’s flourishing prawn and…

Giving new impetus to the progress of Jabalpur with better road connectivity, today Union Minister Shri Nitin Gadkari ji inaugurated and laid the foundation stone of 9 National Highway projects costing Rs 2,367 crore and total length of 225 km in Jabalpur, Madhya Pradesh. Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, Union Minister Shri Virendra Kumar, Union Minister of State Shri Faggan Singh Kulaste, Madhya Pradesh BJP State President Shri V.D. Sharma, State Minister Shri Prahlad Singh Patel, State Minister Shri Rakesh Singh, MPs-MLAs, officers and other dignitaries were…

Union Minister of Civil Aviation and Steel, Shri Jyotiraditya M. Scindia today virtually inaugurated a UDAN flight connecting Dehradun and Pithoragarh from New Delhi. Chief Minister of Uttarakhand Shri Pushkar Singh Dhami also joined the event from Pithoragarh, Uttarakhand.     The flight connecting the two cities is to be operated by “Fly Big” under the RCS UDAN Scheme. Pithoragarh Airport has been developed under the UDAN-RCS scheme, with a cost of Rs 6.68 Crore into a 2B VFR Airport. The RCS flight between Dehradun and Pithoragarh was awarded under…

The National Capital Region Transport Corporation (NCRTC) is preparing a detailed project report for this corridor, expected to be finalized by March, as reported by ET. The Uttar Pradesh government has given the green light to a Rs 16,000 crore rapid rail corridor project, aimed at seamlessly connecting multiple airports in the region. The National Capital Region Transport Corporation (NCRTC) is preparing a detailed project report for this corridor, expected to be finalized by March, as reported by ET. Once initiated, the project, with an estimated completion time of four…

In the heart of Ayodhya, where history seamlessly intertwines with spirituality, a monumental transformation is underway, one that extends far beyond the sacred grounds of the Ram Mandir. As the majestic temple takes shape, the Government of India, in a visionary stride, had orchestrated a comprehensive overhaul of Ayodhya’s connectivity, propelling the ancient city into a new era of accessibility. PM flags off new Amrit Bharat trains and Vande Bharat trains at Ayodhya At the forefront of this evolution stands the newly inaugurated and redeveloped railway station of Ayodhya, now…

A total of 42,85,745 new beneficiaries will be covered under the NFSA in the state, with ceremonial distribution of ration cards to be held across the state, an official release said. Ration card distribution to over 42 lakh new beneficiaries under the National Food Security Act (NFSA) has started in Assam, with Chief Minister Himanta Biswa Sarma launching it in his constituency Jalukbari. Sarma, attending the launch programme at Boripara area on Tuesday, termed it a milestone event in the current government’s regime. A total of 42,85,745 new beneficiaries will…