. Two MoUs on implementation of India-UK Global Innovation Partnership and on the Global Centre for Nuclear Energy Partnership (GCNEP) were exchanged during the visit. Through the Global Innovation Partnership, India and UK have agreed to co-finance up to £ 75 million to support the transfer and scale up of climate smart sustainable innovations to third countries. The novel GIP Fund created under this Partnership will also aim to raise additional £ 100 million from the market to support Indian innovations.
The tax revenue in the Union Budget for 2021-22 was estimated at ₹22.17 lakh crore against the revised estimates of ₹19 lakh crore, with a growth of 17%. The Union Budget was presented on 1st February, 2021 when the 1st COVID wave had tapered off in India but the world was facing successive waves.
As per the Quarterly Bulletin ( January-March 2021) of Periodic Labour Force Survey (PLFS) conducted by National Statistical Office (NSO), the estimates of Unemployment Rate (UR) according to Current Weekly Status (CWS) in urban areas of different States for female, male and persons of age 15 years and above is 11.8%, 8.6% and 9.3% respectively.
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The Major Port Authorities Act, 2021 provide for regulation, operation and planning of Major Ports in India and vests the administration, control and management of such ports upon the Boards of Major Port Authorities. The legislation empowers these ports to perform with greater efficiency on account of increased autonomy in decision making and by modernizing their institutional framework.
Special Economic Zones (SEZs) as on 14/02/2022 Presently, there are 425 formally approved Special Economic Zones (SEZs) in the country. As on date, 376 SEZs are notified and 268 SEZs are operational. SEZs are primarily private investment driven initiatives. The…
Under Pradhan Mantri Jan Vikas Karyakram (PMJVK), which is a Centrally Sponsored Scheme, the communities notified as minority communities under Section 2 (c) of the National Commission for Minorities Act (NCM), 1992 are taken as Minority Communities. The Central Government under the NCM Act, 1992 has notified six religious minority communities namely Christian, Sikh, Buddhist, Muslim, Parsi and Jain.
Our government brought in the new laws with a good intention, full sincerity and complete dedication for the welfare of farmers, especially for small farmers, in the interest of the agriculture and the country and for the bright future of the poor in villages. But we have not been able to explain to some farmers such a sacred thing which is absolutely pure and for the benefit of the farmers despite our efforts.
A significant milestone in the development of the Government securities (G-sec) market, the Reserve Bank of India-Retail Direct (RBI-RD) Scheme will bring G-secs within easy reach of the common man by simplifying the process of investment. Under the Scheme, retail individual investors will be able to open a Retail Direct Gilt (RDG) Account with the Reserve Bank of India, using an online portal
We, the Finance Ministers of India and the UK, met today by videoconference for the 11th Economic and Financial Dialogue (EFD). Despite the continued challenge of Covid-19, this year has witnessed further strengthening of UK-India relations, underpinned by the ambitious India-UK Roadmap to 2030 agreed by our Prime Ministers in May 2021.
India has climbed 2 spots and has been ranked 46th by the World Intellectual Property Organization in the Global Innovation Index 2021 rankings.India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to46in 2021. Innovation has been at the forefront of our battle against the unprecedented crisis created by the pandemic, and will be pivotal in driving the country’s resilience and self-reliance, as enshrined in the Prime Ministers’ clarion call on Atma Nirbhar Bharat.
H.E. Dr. Thani bin Ahmed Al Zeyoudi and a high-level UAE delegation have travelled to New Delhi to hold talks aimed at improving bilateral economic relations, including expanding the existing trade and investment relationship. The first round of CEPA negotiations will be held on 23-24 September 2021.