Latest Economic Development News & Updates

Guwahati, June 18 (IANS) Union Finance Minister Nirmala Sitharaman arrived in Guwahati on Thursday evening on a two-day visit to the Northeast, during which she is scheduled to participate in a series of official programmes in neighbouring Meghalaya.Sitharaman was received at the Lokpriya Gopinath Bordoloi International Airport by Assam Chief Minister Himanta Biswa Sarma and senior government officials.The Chief Minister welcomed the Union Finance Minister upon her arrival and held brief discuss…

New Delhi, June 13 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) Scheme represents a bold and visionary step towards creating a new generation of industrial infrastructure in India, according to the industry.The Union government has notified the guidelines of the Rs 33,660 crore BHAVYA Central Sector Scheme for selecting 50 proposals to set up industrial parks with world class infrastructure to facilitate investment for manufacturing growth and increasing employment in the country. Financial …

New Delhi, June 11 (IANS) A tripartite agreement to facilitate exploration and extraction of hydrocarbons and other mineral resources along the Assam-Nagaland border was signed on Thursday in the presence of Union Home Minister Amit Shah, Union Petroleum and Natural Gas Minister Hardeep Singh Puri, Assam Chief Minister Himanta Biswa Sarma and Nagaland Chief Minister Neiphiu Rio. The agreement, signed under the guidance of Prime Minister Narendra Modi, is aimed at unlocking the energy potential o…

Shillong, June 4 (IANS) Nagaland Chief Minister Neiphiu Rio on Thursday said the 73rd Plenary Session of the North Eastern Council (NEC) focused on identifying the economic strengths and growth drivers of each Northeastern state through a high-powered task force mechanism aimed at accelerating regional development. Speaking to IANS after the plenary session chaired by Union Home Minister and NEC Chairman Amit Shah in Shillong, CM Rio said discussions centred on charting state-specific developmen…

New Delhi, May 26 (IANS) Emerging cities in India are emerging as the next growth hubs for global capability centres (GCCs), recording a 42 per cent rise in GCC job openings compared to 19 per cent growth in metro cities, driven by improving infrastructure, supportive government policies and the growing role of artificial intelligence (AI), according to a report released on Tuesday.The report, titled Emerging Cities: India’s Next Frontier for GCC Expansion Report 2026, released by ANSR, said Ind…

Patna, May 21 (IANS) Bihar Chief Minister Samrat Choudhary on Thursday issued a strong statement on law and order, asserting that any criminal challenging the police should face strict action within 48 hours.The Chief Minister reiterated that the state government remained fully committed to eliminating crime and strengthening good governance in Bihar.Speaking at an event held at the Sardar Patel Bhawan auditorium at the Bihar Police Headquarters in Patna, the Chief Minister said that the governm…

Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday credited Union Home Minister Amit Shah with leading India’s push towards becoming “Naxal-free”, saying the government’s approach combined meticulous planning, development and structured execution across affected regions. Addressing the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Gandhinagar, Goyal described HM Shah as “a very powerful leader and s…

The Hague, May 17 (IANS) India strongly pushed back against questions relating to “press freedom” and “minority rights” during Prime Minister Narendra Modi’s visit to the Netherlands, as senior diplomat Sibi George delivered a firm and detailed defence of India’s democratic structure, constitutional framework and civilisational diversity. These remarks came as an answer to a Dutch journalist who questioned why both Prime Minister Narendra Modi and the Dutch leadership were not jointl…

Guwahati, May 14 (IANS) Assam Chief Minister Himanta Biswa Sarma said on Thursday that more than 60 per cent of the investment commitments received during the Advantage Assam 2.0 business summit are now in advanced stages of implementation, with several projects already becoming operational. The Chief Minister reviewed the status of the proposed investments and added that the state government is working to ensure faster execution of projects that were announced during the summit held in February…

Agartala, May 10 (IANS) Tripura Power Minister Ratan Lal Nath on Sunday said that the Power Department, in collaboration with Tripura Renewable Energy Development Agency (TREDA), is working extensively to provide electricity and clean drinking water through solar microgrids in remote hilly areas of Tripura where conventional electricity supply through poles and transmission lines is not feasible. The minister made the remarks while inaugurating a solar microgrid project and a community-based sol…