FE The government is likely to set agriculture credit target of Rs 22 trillion for the next financia year, up 10% from the current year’s target which may be overshot, sources said. Of the current year’s farm credit target of Rs 20 trillion, the commercial banks, cooperative banks and regional rural banks (RRBs) have disbursed Rs 16.37 trillion, 81% of the target in the first three quarters of FY24. “The credit demnd and disbursal for agriculture and allied sector have been encouraging,” an official said. In FY23, Rs 1.19 trillion (12%) of agriculture credit was towards allied sectors such as…
Author: Amit Bhanot
Metro Rail News The Union Minister of Railways, Communications and Electronic & Information Technology, Ashwini Vaishnaw today unveiled the ‘The Indian Railways Construction Manual, 2023’ in New Delhi. Addressing the gathering after launching the manual, the Union Minister for Railways, Communications and Electronic & Information Technology, Ashwini Vaishnaw said, “The construction manual will help in many activities including Land acquisition, forest clearance, bridge design, contract management, tunnel construction, road flyover/ under bridges. This manual would help us to achieve to become the world’s fastest-growing rail network.” Shri Vaishnaw further said “It is a real pleasure that the construction manual is…
FE The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route. In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, which has been dormant for several years due to risk aversion among private investors. The total length of highways for which bids have been invited is 517.4 km and total project cost is expected to be Rs 30,975 crore, to be precise. These projects were part…
The India International Science Festival, IISF 2023 presents Vigyanika- science literature festival with the primary objective of showcasing India’s scientific prowess and charting a comprehensive roadmap for effective communication of S&T achievements. The event is going to be held at the Regional Centre for Biotechnology (RCB) – Translational Health Science and Technology Institute (THSTI) campus, Faridabad, Haryana, on 18thand 19th January, 2024. CSIR-National Institute of Science Communication and Policy Research (NIScPR), National Innovation Foundation-India (NIF), and Vijnana Bharati (VIBHA) are the coordinating organisations. The planned sessions on 18th January 2024 include a scientific session on the theme “Science and Technology Public Outreach…
FE The Reserve Bank of India’s (RBI) monetary policy action may be credited for reducing core Consumer Price Index (CPI) inflation in the recent months, but a sub-4% core print also denotes weak demand conditions in the country at an aggregate level, say economists. Curiously, this is also a bit at odds with the RBI’s assesment in its November bulletin that “investment demand appears to be resilient given the government’s infrastructure spending, an uptick in private capex and digitalisation.” Concerns were even expressed by the central bank about another possible spell of demand pull inflation. Data released on Friday showed…
BS वित्त मंत्री निर्मला सीतारमण (FM Sitharaman) एक फरवरी को अंतरिम बजट में उपभोग और ग्रामीण अर्थव्यवस्था को बढ़ावा देने के अलावा मुद्रास्फीति को नीचे लाने के उपायों को जारी रखेंगी। विशेषज्ञों ने यह राय जताई है। यह सीतारमण का लगातार छठा बजट होगा। विशेषज्ञों ने कहा कि उपभोग को बढ़ावा देने का एक तरीका लोगों के हाथों में अधिक पैसा देना है, और ऐसा करने का एक संभावित तरीका कर स्लैब में बदलाव करना या मानक कटौती में बढ़ोतरी के जरिये लोगों पर कर का बोझ कम करना हो सकता है। एक अन्य प्रस्ताव ग्रामीण रोजगार गारंटी योजना-मनरेगा के…
Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY) has crossed the milestone of 30 crore Ayushman cards on 12thJanuary2024. The flagship scheme being implemented by the National Health Authority (NHA) aims to provide health cover of Rs. 5 lakhs per family per year for secondary and tertiary care hospitalization to 12 Crore beneficiary families. Ayushman card creation is the most fundamental activity under Ayushman Bharat PM-JAY and concerted efforts are being continuously made to ensure that every beneficiary under the scheme has Ayushman card. As a result of the persistent efforts, the scheme has reached the feat of…
PTI Grappling with crises ranging from climate to conflicts to fake news, more than 2,800 leaders from around the world, including India, have begun gathering in this Alpine resort town for an annual five-day talkathon. Those present for the 54th World Economic Forum Annual Meeting beginning Monday would include over 60 heads of state and governments, while Indian presence would be marked by three Union ministers, three chief ministers along with their ministerial colleagues and over a hundred CEOs. A day before the ceremonial start to the WEF meeting, Davos is hosting for the first time national security advisors from…
25T Bollard Pull (BP) Tug, Bhishm was launched by Cmde S Sreekumar, Warship Production Superintendent (Kolkata) on 14 Jan 24 at M/s Titagarh Rail Systems Ltd (M/s TRSL), Kolkata. This Tug is a proud flag bearer of “Make in India” initiative of Govt of India. Contract for construction and delivery of six 25T BP Tugs was concluded with M/s TRSL, Kolkata in consonance with “Aatmanirbhar Bharat” initiative of the Government of India. These Tugs are being built under the classification rules of Indian Register of Shipping (IRS). The availability of Tugs will provide impetus to Operational commitments of IN by facilitating assistance to Naval…
Food Corporation of India should emerge as a trusted partner of farmers and people of the country, said Union Minister for Consumer Affairs, Food and Public Distribution, Textiles and Commerce and Industry, Shri Piyush Goyal said while delivering address during 60th Foundation of FCI here today. Shri Goyal said FCI plays a crucial role in facilitating flagship schemes like Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) by providing ration to beneficiaries in every corner of the country. However, he emphasized that the role of FCI is not only to deliver ration, but also to instill confidence in farmers and beneficiaries by…