The Prime Minister Shri Narendra Modi gave a statement to the media before the start of the Budget Session. Speaking on the occasion, the Prime Minister reiterated the pride in the fact that after a gap of 60 years a government has come for the third consecutive year. Placing of …
Read More »Prime Minister’s Rs. 2 Lakh Crore Package: Employment, Skilling and Opportunities for 4.1 Crore Youth Over 5 Years
“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 …
Read More »India’s Economic Growth Shines Amid Global Uncertainties
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 …
Read More »GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE
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 …
Read More »Bureau of Indian Standards Sanctions 82 Projects to Faculty Members of Prominent Technical Institutions
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 …
Read More »LAUNCH OF ‘TRIPUT’
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 …
Read More »23.05 Lakh New Workers Enrolled under ESI Scheme in May 2024
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, …
Read More »C-DOT Collaborates with IIT Roorkee and Mandi for ‘Cell-Free’ 6G Access Points Development
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 …
Read More »ELECTRIC VEHICLE CHARGING STATIONS ON NATIONAL HIGHWAYS
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 …
Read More »ROAD CONSTRUCTION INITIATIVES
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 …
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