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New Delhi: The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response. “The Production […]
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The museum was launched virtually from Delhi
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The order, worth Rs 7,523 crore, will provide further boost to the 'Make in India' initiative in the defence sector and is a big step towards achieving the 'Aatmanirbhar Bharat' (self-reliant India) goal, the ministry said.
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Production line in Hyderabad manufactures fuselages for Apache customers around the world and for the recently contracted six Apaches for the Indian Army.
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Germany is strongly advancing towards electrification, but Indian EV industry is a growing industry and the move to e-mobility is a priority for the Government of India (GOI).
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The Prime Minister is expected to discuss the impact of educational policies, research activities and skill development efforts undertaken by the government.
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Prime Minister said that the 'Aatmanirbhar Bharat' vision would be further strengthened with the 'Aatmanirbhar Assam' and northeast.
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The meeting was inaugurated by Prime Minister Modi and started by paying tributes to those who lost their lives due to the coronavirus pandemic.
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Making strong case for repealing archaic laws for ease for doing business in India, the Prime Minister said the centre and states need to work closely to boost economic growth.
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"Centre and states should work together for the nation's progress... The government has to respect and give due representation to the private sector for economic progress," Modi said.
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The finance minister also said that infrastructure creation, continuing reforms, and transparency of accounts are major features of this year’s Budget
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It will also continue the existing employment of about 580 employees on a permanent basis and another 1,500 persons on an ad-hoc basis.
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The minister said the government announced a special economic and comprehensive package under AatmaNirbhar Bharat including measures taken by RBI
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Modi said, "India has been manufacturing Covid-19 vaccine and has established itself on top in inoculation of these vaccines".
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In the early months of the pandemic when Prime Minister Narendra Modi announced India's Covid-19 recovery package, he emphasised the need to become self-reliant as a country.
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Union Minister of State for Home G Kishan Reddy said the Union Finance Minister introduced 'Atmanirbhar Bharat' Budget. "The Budget is in line with Prime Minister Narendra Modi's vision.
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The projects have been approved under the newly-launched scheme of 'Financial Assistance to States for capital projects'.
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Exim Bank is in a position to facilitate Indian entities aiming to enter into China market, says official
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Every year, January 24 is marked as the foundation day of UP.
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The government has extended reliefs to the real estate sector through the announcements made as part of the ‘Aatmanirbhar Bharat’ package last year.