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BHAVYA Scheme Approved to Build 100 Industrial Parks Across India
The Union Cabinet has approved the Rs 336.6 billion BHAVYA scheme to develop 100 plug-and-play industrial parks, boosting manufacturing, investment and employment across India.Read more
Union Cabinet gives nod to India's National Logistics Policy
The policy aims to reduce logistics costs and help in increasing India's share in the global trade. Policy to ensure technologically-enabled, integrated, cost-efficient, resilient and sustainable logistics ecosystem for accelerated and inclusive growth.Read more
India’s growing economy gets budget’s booster dose
The budget has laid down a blue print for achieving the objective of Atmanirbhar Bharat and sustainable development in the future. However, it will be important to look at the execution, on which the success of all the policy announcements will depend.Read more
Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23
In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more