Tag: India

Prime Minister Narendra Modi will visit Madhya Pradesh and Chhattisgarh today to launch a slew of projects worth over Rs 50,700 crore. In Madhya Pradesh, he will lay the foundation stone of a petrochemical complex at Bina refinery and 10 new industrial projects. He will also dedicate important rail sector projects worth around Rs 6,350 crore in Chhattisgarh. The projects are part of the government's efforts to boost economic growth and create jobs in the country. They are also expected to improve connectivity and infrastructure in the two states.

AAP leader Raghav Chadha said Delhi has the lowest inflation rate among all states in India, thanks to the welfare schemes implemented by Chief Minister Arvind Kejriwal. He cited the figures of the Consumer Price Index (CPI) for August 2023, which showed that the CPI for Delhi stood at 6.46%, while the national average was 6.83%. Chadha said that the welfare schemes, such as free education, free healthcare, and free water, have helped to keep the cost of living low in Delhi.

The government has earned nearly Rs 600 crore by selling scrap so far. It is planning to hold a special campaign from October 2 to October 31 to further increase the revenue from this source. The government is targeting to earn Rs 400 crore and free up 100 lakh square feet of space in government offices.

India has reduced its arms imports significantly in recent years. Defense exports reached an all-time high in the last financial year. This is a testament to the government's commitment to innovation and indigenous technology development. The North-Tech Symposium-2023 is a major event in the defense sector and is expected to attract participation from leading defense industries, startups, and academic institutions from across the country. The event will focus on the latest trends and developments in defense technologies.

685 farmers in Maharashtra's Marathwada region committed suicide from January to August 2023. The highest number of suicides, 186, was reported from Beed district. The region is facing a 20.7% rainfall deficit. The government needs to take urgent steps to address the issue, such as providing financial assistance to farmers, improving irrigation facilities, and providing crop insurance.

Karnataka Chief Minister Siddaramaiah has called the demands of private transporters, who are observing a bandh today, "impossible demands". He said the government cannot meet the transporters' demands, including bearing the losses they are incurring due to the Shakti scheme, which offers free bus rides to women on state-run transport buses. The bandh has caused inconvenience to commuters, especially school students and office-goers.

Lalu Prasad, the leader of the Rashtriya Janata Dal (RJD), has slammed Prime Minister Narendra Modi, alleging that he has once again resorted to deceiving people ahead of the elections. Prasad also questioned what benefit the common people of India will get from the G20 summit. He said that the BJP was badly defeated in recent assembly elections and will be wiped out in other assembly elections as well. He also said that the 28 opposition parties will start working from the first coordination committee meeting in New Delhi on September 13.

The sowing of pulses has been lower than last year due to a 11% monsoon deficit in the country. As of September 8, the total area sown to pulses was 119.91 lakh hectares, down from 131.17 lakh hectares in the same period last year. The states with the lowest pulses sowing are Madhya Pradesh, Karnataka, and Maharashtra. The government is monitoring the situation and will take appropriate measures to ensure that there is no shortage of pulses in the coming months.

The Food Corporation of India (FCI) sold 1.66 lakh tonnes of wheat and 17,000 tonnes of rice from the central pool through the 11th e-auction held on September 6, 2023. The auction was conducted to offload additional 50 lakh tonnes of wheat and 25 lakh tonnes of rice from the central pool in the open market to bulk buyers to contain cereal prices. The weighted average selling price of wheat was Rs 2,169.65 per quintal and that of rice was Rs 2,956.19 per quintal. The government interventions, including OMSS and ban on wheat export, have had a moderating effect on wheat prices. However, rice prices are still ruling higher.

Coinbase, a US-based cryptocurrency exchange, will disable some Indian accounts due to regulatory challenges. The company said that the accounts no longer meet its "updated standards." Coinbase remains committed to India and will explore ways to strengthen its presence in the market.