Union Cabinet has approved the listing of state-owned Export Credit Guarantee Corporation (ECGC) Ltd through the Initial Public Offer (IPO) on the Stock Exchange and also approved Rs. 4,400 crores investment in ECGC Ltd in next 5 years.
The National Single Window System for investors and businesses will become a one-stop shop for investors for clearances and approvals. It will provide strength to other schemes such as Startup India, Make in India, PLI Scheme, etc.
The UNCTAD report has noted that India’s GDP growth rate is expected to grow at 7.2% in 2021. In 2022, even with a slower growth rate of 6.7%, the country will still be the fastest-growing major economy.
The Central Government has released the amount for four states- Uttar Pradesh, Delhi, Punjab, and Haryana to subsidize the machinery that is required for in-situ management of the crop residue during 2021-22.
As per ISRO Chief, more than 40 space industries and startups are in consultation with ISRO for support related to various domains of space activity such as launch vehicles, development of satellites, and development of applications.
The UPI-PayNow linkage will enable the customers of each of the two fast payment systems to make quick, low-cost fund transfers on a reciprocal basis without any need to get onboarded on the other payment system.
Jharkhand Urban Water Supply Improvement Project will ensure continuously, treated piped water supply in Ranchi and other three towns of Jhumri Telaiya, Hussaianabad, and Medininagar located in socially and economically backward areas.