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Monthly Archives: August 2015

Government is trying to revive FDI inflow


News After announcing “MAKE IN India” and easing the norms for FDI in most of the sectors, the FDI inflow increased by 54% and reverted the declining trend. While manufacturing has seen a revival, the financial services have witnessed the maximum jump among the major sectors and the FDI in the sector rose 200 per cent from $1.02 billion in ...

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Rise in Solar Cells Production Creates 25,000 Jobs in India


News Basing on target announced by Indian government on solar energy, it is expected that there may be rise in manufacturing capacity for Solar cells and Modules. Manufacturing capacity of solar cells and modules will be increased from 1,386 MW to 2,500 MW and 2,756 MW to 5,000 MW per annum, respectively. This rise will create 25,000 jobs in manufacturing ...

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Indian Railways to adopt Board Condition Monitoring System


News The sensor-based equipment, known as on Board Condition Monitoring System, will be installed to monitor the condition of tracks, coaches, wagons and locomotives, and send early signal to the control room in case of any deficiency. By installing these sensors exact condition can be known through micro-analysis of data and will help in reducing the possibility of sudden catastrophic ...

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DMRC awarded for harnessing solar power in stations, depots


News: Delhi Metro Rail Corporation has bagged the top spot for highest capacity installation of solar power plants in stations and depots across across its vast network. AREAS is an initiative of Ministry of New & Renewable Energy (MNRE) in consultation with State Nodal Agencies for renewable energy, was formed and registered as a society last year. The solar plants at metro ...

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Mirage 2000 aircraft to be upgraded with multi functional displays


News: The upgraded Mirage 2000 fighter aircraft will be installed with India-made multi-function displays under an Indo-French partnership, as part of a programme to enhance the operational life of multi-role fighters by around 20 years. Samtel Thales Avionics Ltd (STAL), a joint venture between Samtel Avionics and French firm Thales, has successfully dispatched the first batch of multi-function displays for ...

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PM’s Swatchta Campaign: What India can learn from Singapore and Japan


Author: Nachiket Nishant Last year, the Indian Prime Minister Sri Narendra Modi launched a clean India drive on the occasion of Mahatma Gandhi’s birthday – 2 October. The main objective of this campaign is to ensure sanitation facilities for all. This movement will focus on solving sanitation problem and waste management in India by creating awareness and ensuring hygiene as top ...

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RBI Approves In-Principle Applications of 11 Entities for Payment Banks


The Reserve Bank of India (RBI) on Wednesday cleared 11 payment banks applicants among 41 received applications.  Reliance Industries, Airtel M Commerce, and Vodafone m Paisa were among others who have got the license. Experts suggest that in-principle approval to 11 entities to open payments banks will help in Indian government’s goal of financial inclusion. Also, it will broaden the ...

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Finance Ministry to launch a Host of Incentives on Cashless Payments


News A draft Cabinet note has been circulated by the finance ministry to various ministries and departments for incorporating comments and suggestions on e-payments system. Draft contains around 30 measures to encourage Consumers and merchants on payments through plastic money The draft was posted on MyGov.in for public feedback and suggestions are incorporated in the draft. It is proposed to ...

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