Home » 2021 (page 46)

Yearly Archives: 2021

India is expected to witness current account surplus after a gap of 17 Years

Covid-19 pandemic has triggered the worst global recession in 2020 since the Great Depression; the adverse economic impact is, however, expected to be lesser than initially feared. The resulting economic crisis has led to a sharp decline in global trade, lower commodity prices and tighter external financing conditions with varying implications for current account balances and currencies of different countries. ...

Read More »

India must continue to focus on Economic Growth to Alleviate Poverty: Economic Survey 2020-21 “Given India’s stage of development, India must continue to focus on economic growth to lift the poor out of poverty by expanding the overall pie.” Laying a clear cut emphasis on economic growth, the Economic Survey 2020-21 was tabled by the Union Minister for Finance & ...

Read More »

Economic Survey Strongly recommends increase in public health spending from 1% to 2.5-3% of GDP

The Economic Survey 2020-21 has strongly recommended an increase in public spending on healthcare services from 1 percent to 2.5-3 percent of GDP, as envisaged in the National Health Policy 2017. It notes that this can significantly reduce the Out-of-Pocket-Expenditure (OOPE) from 65 per cent to 35 per cent of the overall healthcare spend. The Union Minister for Finance & ...

Read More »

India’s GDP is Estimated to Contract by 7.7 Per Cent in FY2020-21

India’s real GDP to record a growth of 11 per cent in 2021-22 and nominal GDP by 15.4 per cent-the highest since independence. The V-shaped economic recovery is supported by the initiation of a mega vaccination drive with hopes of a robust recovery in the services sector and prospects for robust growth in consumption and investment. The Union Minister for ...

Read More »

India can motivate many more countries in the field of sustainable development: Ms. Barbara Pompili

Minister for Environment,Forest and Climate Change, Shri Prakash Javadekar and Ms Barbara Pompili, the French Minister for Ecological Transition launched the Indo-French Year of the Environment in New Delhi today. The basic objective is to strengthen Indo-French cooperation in sustainable development, increase the effectiveness of actions in favor of global environment protection and give them greater visibility. Welcoming Ms Barbara ...

Read More »

National Marine Turtle Action Plan launched.

Considering the need to have a conservation paradigm for marine mega fauna and marine turtles, the Ministry of Environment Forest and Climate Change (MoEF&CC) has released ‘Marine Mega Fauna Stranding Guidelines’ and ‘National Marine Turtle Action Plan’ in New Delhi today. Speaking at the virtual launch event the Union Environment Minister said that both floral and faunal diversity including the ...

Read More »

Union Minister of Chemical & Fertilizers receives dividend receipt of Rs.12.51 Crore from FAGMIL

Union Minister of Chemical & FertilizersShriD.V.SadanandaGowda today received dividend receipt of Rs.12,51,00,000/-(Rupees Twelve crore fifty one lakh only)for FY 2019-20from Brigadier Amar Singh Rathore, CMD, FCI Aravali Gypsum & Minerals India Limited (FAGMIL). Shri Rajesh Kumar Chaturvedi, Secretary (Fertilizers) was also present during the occasion. Speaking on the occasion, Shri Gowda said that FAGMIL has been consistently paying dividend to ...

Read More »

Gadkari calls for R&D and shift towards alternate battery technologies for EVs

With electric vehicles fast becoming the new reality, Union Minister for MSME and Road Transport & Highways Sh. Nitin Gadkari has stressed the need to emerge as pioneers in developing leading battery and power-train technologies. Noting that the challenge we presently face is the control on strategic reserves of Lithium, which is used to manufacture Lithium-ion rechargeable batteries used in ...

Read More »

Opening of Technical Bids for Auction of Coal Mines for Sale of Coal Second Attempt of Auction

The auction process of 4 coal mines (Chendipada&Chendipada-II, Kuraloi (A) North and Seregarha) for sale of coal was launched by the Nominated Authority, Ministry of Coal on December 09, 2020. This was the second attempt of auction for these coal mines, for which the process was annulled in first attempt due to number of Technically Qualified Bidders being less than ...

Read More »

Shri U P Singh Assumes Charge of Secretary in Textiles Ministry

Shri U. P. Singh, a 1985 batch Indian Administrative Service Officer (IAS) of Odisha Cadre has taken over as Secretary, Ministry of Textiles, Government of India, here today. Prior to this, he held the post of Secretary in the Department of Water Resources, River Development & Ganga Rejuvenation, Ministry of Jal Shakti, w.e.f. 1.12.2017. He has held important assignments in both Central and State Governments and ...

Read More »