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  • 12-Jul-2019
  • The 2019 global Multidimensional Poverty Index

    UN Development Programme (UNDP) has released the 2019 global Multidimensional Poverty Index.

    India’s MPI value reduced from 0.283 in 2005-06 to 0.123 in 2015-16.

    India has lifted 271 million people out of poverty between 2006 and 2016, recording the fastest reductions in the multidimensional poverty index.

    India and Cambodia has reduced their MPI values the fastest among the 10 selected countries for which changes over time were analysed.

  • Kalyani JV gets missile kits order

    A joint venture of a Kalyani group firm and Israel’s Rafael Advanced Systems has secured a $100 million contract for manufacturing 1,000 Barak-8 MRSAM missile kits.

    Kalyani Rafael Advanced Systems (KRAS), the joint venture, in which the Indian partner’s holding is 51% and the rest is with Rafael, will manufacture the kits at its production facility near Hyderabad and supply them to Bharat Dynamics for further integration. Eventually, the product will be used by the Indian Army and the Air Force.

  • India hands over pre-fabricated houses to Myanmar

    India handed over 250 pre-fabricated houses to Myanmar in Maung Daw today for use of displaced returnees. 

    External Affairs Ministry said in a release that India had taken up the project under its Rakhine State Development Programme under which 25 million dollars are allocated for a period of five years. 

    Indian Ambassador to Myanmar Saurabh Kumar handed over the documents related to the houses for use of displaced returnees from Bangladesh.

  • BCC signs MoU with BRICS chamber to promote trade

    The Bharat Chamber of Commerce, (BCC) and the BRICS Chamber of Commerce and Industry, New Delhi, signed an MoU on Tuesday for promoting trade and investments between the BRICS countries and the eastern part of India, in particular.

    Members of the BRICS are Brazil, Russia, India, China and South Africa.

    The MoU was signed by BCC president Sitaram Sharma and BRICS Chamber of Commerce and Industry Director General B B L Madhukar
  • Rajghat coal plant to be turned into solar park

    Shelving its previous plan to convert it into a waste-to-energy plant, the Delhi government announced Thursday that a solar park — of 5,000 KW capacity — will come up in the spot of the defunct Rajghat thermal power plant.

  • 11-Jul-2019
  • “Operation Thirst”  launched by RPF

    As many as 1,371 people were arrested and over 69,294 bottles were seized by the Railway Protection Force (RPF) under 'Operation Thirst', an all India drive to crackdown the selling of unauthorised packaged drinking water here.

    According to RPF, the operation was launched in all major railway stations across the country to curb the menace of unauthorised packaged drinking water on railway stations.

    "During the operation, which was carried out on July 8 and 9, a total fine of Rs 6,80,855 has been realised from these offenders. Four pantry car managers involved in the selling of spurious mineral water were also arrested," an official statement said.

  • Government waives duty on products imported for nuclear plants

    With rising focus on reducing dependency on carbon-based fuel for electricity generation, the government has waived off basic customs duty (BCD) for a clutch of products which are imported for nuclear power plants and allocated more funds in atomic energy research.

    “All goods for use in generation of nuclear power” and “all forms of uranium ores and concentrates for generation of nuclear power”, which earlier attracted BCD of 7.5% and 2.5%, respectively, will now have to pay no such duty. The present installed nuclear power capacity of 6,780 MW is seen to reach 13,480 MW by FY25.

  • Defence Ministry signs MoU with IPFC and NRDC

    Intellectual Property Facilitation Cell (IPFC), Department of Defence Production, Ministry of Defence and National Research Development Corporation (NRDC), Ministry of Science and Technology, yesterday signed an MoU with a vision to bridge the capacity shortfall and provide a major fillip to the ongoing efforts of Ministry of Defence towards promoting a culture of Innovation and Intellectual Property Rights IPR in Indian Defence industry. 

    The move will be a boost to the Mission Raksha Gyan Shakti. It may be recalled that Mission Raksha Gyan Shakti was launched with the aim to inculcate IP culture in Indian defence manufacturing ecosystem. 

  • Prasar Bharati and IIT Kanpur signs MoU for research collaboration

    Prasar Bharati and Indian Institute of Technology, Kanpur today signed a Memorandum of Understanding for research collaboration in newly emerging technologies and broadcasting-related areas in New Delhi. 

    The move is likely to boost research activities in the broadcasting field. Chief Executive Officer of Prasar Bharati Shashi Shekhar Vempati and Director, IIT Kanpur Abhay Karandikar were present at this juncture.

    Direct to mobile broadcasting, Convergence of 5G, Artificial Intelligence Incubation Centre by Prasar Bharati and student internship for students of IIT, Kanpur at Prasar Bharati are among the main areas in the research collaboration.

  • MP Govt announces cow welfare fund, hikes Haj committee grant

    The Kamal Nath government in Madhya Pradesh Wednesday presented its maiden budget aiming to please various sections of society wherein it has proposed to allocate Rs 132 crore for the welfare of bovines and hiked grant to the state Waqf Board and Haj committee.

    The budget, presented by Finance Minister Tarun Bhanot, also proposes a three-fold hike in the honorarium for the priests working in the registered temples.

    The minister said a budgetary allocation of Rs 8,000 crore has been made to waive remaining loans of the farmers in the state.

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