News: The National Skill Development Corporation has begun implementing Rs 1,500-crore Pradhan Mantri Kaushal Vikas Yojna (PMKVY) to provide skills training to 24 lakh people, including youth. This is the flagship scheme for skill training of youth to be implemented by the new Ministry of Skill Development and Entrepreneurship through ...

News: Railways is planning to come out with a solar policy for procuring 1000 MW solar power in the next five years. For the same railways proposes to install solar power plants of about 8.8 MW capacity at railway stations, railway office buildings and level crossing gates throughout the country ...

News: The government is planning to save $2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights. Another important step towards power saving is to boost rooftop solar power production. Description: The plan is to cut down energy demand ...

News:  The government is overhauling the annual targets for public sector banks from this month, to focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives. Description: Overhauling the bloated and often sluggish state banks is critical for the ...

News Chinese appliances maker Haier has signed a memorandum of understanding with the Maharashtra Government and plans to invest Rs 370 crore in its Pune plant to scale up operations. The investment will be used to expand manufacturing capacity of refrigerators besides adding new products, such as washing machines, air-conditioners, LED television panels, ...

News: Nara Chandrababu Naidu, Chief Minister of Andhra Pradesh proudly announced the major step taken by the state government towards digitization. Andhra Pradesh has become the first state to execute the National Optic Fibre Network(NOFN) project of Government of India and the Chief Minister very affirmatively forecasts that the project ...

News: Andhra Pradesh Government is going to auction 3,500 tonnes of seized red sanders wood in the second phase on an electronic platform by inviting global tenders in June, hoping to seize a revenue of Rs 1,000 crore.  Sale Profits: The first phase of global auction for 2,694 tonnes red sanders ...

News: Air India is facing increasing competition from other service airlines in domestic and international routes. So, the civil ministry has asked SBI Capital Markets to review Air India’s turnaround plan in view of changes in the operating environment and the airline’s inability to reduce losses. Description: In 2015, the airline ...

Agreement : During Obama’s visit, both countries had identified four “pathfinder projects” as well as decided to explore development of aircraft carrier technologies and jet engines. With the step towards the same, India and US have signed a new strategically important 10-year defence framework agreement setting the stage for co-development and ...

News: Larsen & Toubro (L&T) has received Rs 468 crore order for the design and construction of a floating deck for the Indian Navy. Description:   At L&T’s Warship Design Centre, complete design and engineering of the floating dock (FDN) will be under-taken. The floating dock will be capable of docking ...