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Monthly Archives: February 2024

NTPC gets recognition for its effective water management; climbs up two levels in Carbon Disclosure Project Water Security Rating

NTPC’s Environmental, Social, and Governance (ESG) Score has ascended by two levels, transitioning from a ‘D’ rating in 2022 to a ‘C’ rating in 2023, in the Carbon Disclosure Project (CDP) Water Security Rating. This achievement serves as a testament to NTPC’s unwavering commitment to environmental stewardship and sustainable practices, with a specific emphasis on water management. NTPC’s efforts to enhance ...

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iCreate, Microsoft and MeitY Join Hands to Transform & Boost Indian Startups in AI

During his address the Minister said, “The MoU signing for the partnership between Microsoft and iCreate to launch the IMPEL AI program will catalyze AI startups in India. It takes forward the vision set forth by PM Modi ji during his meeting with Microsoft Chairman and CEO Satya Nadella last year. This partnership is a reflection of our shared vision ...

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Coal PSUs Achieve 95.83% of Annual CAPEX Target as on January, 2024

Coal PSUs under the administrative control of The Ministry of Coal has been at the forefront of doing CAPEX to assist and contribute in transforming Indian economy. Over the past few years, Coal CPSEs has been over achieving the CAPEX Target. In FY 21-22, CIL & NLCIL had achieved 104.88% & 123.33% respectively of their target. Similar performance was repeated ...

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Digi Yatra app users number crosses 45.8 Lakhs

The number of passengers having installed the Digi Yatra application on their mobile phones has increased to 45.8 Lakhs as on February 10, 2024. It’s an increase of 20.5 per cent from 38 lakhs as on 1st January, 2024. Digi Yatra application user base as on February 20, 2024: Sl. No. Platform As on 01/01/2024 As on 10/02/2024 % increase i ...

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Cabinet approves ‘Fair and Remunerative Price’ (FRP) of sugarcane payable by sugar factories for sugar season 2024-25

The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi approved the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season 2024-25 at ₹ 340/quintal at sugar recovery rate of 10.25%. This is historic price of sugarcane which is about 8% higher than FRP of sugarcane for current season 2023-24. The revised FRP will be applicable ...

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ODISHA THE LAND OF OPPORTUNITIES

 A 3600 APPROACH Odisha has become a destination for investors and entrepreneurs from across the globe to create value for all the stakeholders (business, community, working class) by leveraging several advantages that Odisha offers. The state has industry-friendly policies, enabling infrastructure, and ensures swift and agile administration to enriching experience for the industry players. The state has been able to ...

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The FDI policy reform will enhance Ease of Doing Business in the country, leading to greater FDI inflows and thereby contributing to growth of investment, income and employment

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment in Foreign Direct Investment (FDI) policy on space sector.  Now, the satellites sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector. The Indian Space Policy 2023 was notified as an overarching, composite and dynamic framework to implement the vision for ...

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Quality Council of India and Open Network for Digital Commerce launch DigiReady Certification Portal to empower MSMEs and small retailers

As our nation’s backbone, the Micro, Small, and Medium Enterprises (MSME) sector plays a pivotal role in fostering employment opportunities and reducing regional imbalances. In a significant stride towards fostering digital inclusion in the MSME sector, the Quality Council of India (QCI) and Open Network for Digital Commerce (ONDC) are proud to announce the launch of the DigiReady Certification (DRC) ...

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Coal Sector Achieves Impressive 10.6 % Growth in December Among Eight Core Industries

The coal sector has showcased highest growth of 10.6 % (provisional) among the eight core industries for the month of December 2023 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries. The index of coal industry has reached 204.0 points during Dec’23 as compared to 184.4 points during the same ...

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