“In this Budget, we particularly focus on employment, skilling, MSMEs and the middle class”, stated Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2024-25 in Parliament today. Taking forward the theme of the first full-year Budget of the newly elected government, the Finance Minister announced …

While presenting the Union Budget 2024-25 in Parliament today, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman said the global economy, while performing better than expected, is still in the grip of policy uncertainties. Elevated asset prices, political uncertainties and shipping disruptions continue to pose significant downside …

Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman while presenting the Union Budget 2024-25 in the Parliament today. Finance Minister proposed to increase the standard deduction for …

The Bureau of Indian Standards (BIS) has sanctioned 82 Research & Development (R&D) projects to faculty members of various prominent technical institutes, including IITs, NITs, and other experts, to expand further, diversify, and accelerate research and development activity. These projects, each with a budget of up to ten lakh rupees …

The first of two Advanced Frigates under construction by Goa Shipyard Limited (GSL) for the Indian Navy, was launched on 23 Jul 24 at GSL, Goa. In keeping with maritime tradition, the ship was launched by Smt Rita Sreedharan to the invocation from Atharva Veda, in the presence of Shri P S Sreedharan Pillai, Hon’ble Governor of …

The provisional payroll data of ESIC reveals that 23.05 lakh new employees have been added in the month of May, 2024. 20,110 new establishments have been brought under the social security ambit of the ESI Scheme in the month of May, 2024 thus ensuring social security to more workers. Further, …

In a significant step towards developing Indigenous technology, the Centre for Development of Telematics (C-DOT), a premier Telecom R&D centre of the Department of Telecommunications (DoT), Government of India, signed an agreement with the Indian Institute of Technology Roorkee (IIT Roorkee) and Indian Institute of Technology, Mandi (IIT Mandi), for …

The State-wise details of 5293 Electric Vehicle charging stations established along National Highways is given at Annexure -A. This includes 4729 EV Charging Stations set up under Ministry of Petroleum and Natural Gas at an expenditure of Rs. 178 Crore. In addition, Ministry of Heavy Industries has set up a …

At the beginning of the current financial year 2024-25, under ongoing/awarded projects, the Ministry had about 20,000 km balance length of National Highways (NHs) for construction. Moreover, the Ministry has a shelf of projects under DPR and tendering process, to further augment the construction progress during the current and next …

The Pilot study with regard to Global Navigation Satellite System (GNSS) based user fee collection system has been done on the following two Highway stretches:- Bengaluru-Mysore section of NH-275 in the State of Karnataka. Panipat- Hisar section of NH-709 (old NH-71A) in the State of Haryana. A stake holder consultation …