Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday said that India’s standing in the international community has undergone a significant transformation under Prime Minister Narendra Modi, asserting that the country’s views now receive serious attention on global platforms. Addressing the valedictory session of the Vibrant Gujarat Regional Conference (VGRC) in Vadodara, Singh said India’s growing international stature reflected broader changes in the country’s economic, technologi…
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Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday said investment in the defence sector generated benefits beyond national security by supporting industrial development, employment, infrastructure and technological innovation. Addressing industrialists, entrepreneurs and investors at the valedictory session of the Vibrant Gujarat Regional Conference (VGRC), Singh said defence manufacturing had become an important component of India’s broader economic development strategy.”Every …
New Delhi, June 30 (IANS) The launch of the Goods & Services Tax (GST) on July 1, 2017, marked a historic achievement in India’s economic reforms journey, with the principle of “One Nation, One Tax” helping to create a common national market, according to an official factsheet issued on Tuesday.As GST completes nine years, it has also undergone next-generation reforms in 2025, which further simplified the structure through lower rates, exemptions and easier processes. These measures ai…
New Delhi, June 30 (IANS) The Finance Ministry’s Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, paving the way for the next phase of the country’s semiconductor manufacturing push, according to a report in NDTV Profit.The proposal was cleared by the committee last week and will now be sent to the Union Cabinet for final approval.The proposed outlay marks a significant increase from the Rs 76,000 crore allocated as p…
New Delhi, June 30 (IANS) The Centre has disbursed approximately Rs 1 lakh crore under the Emergency Credit Line Guarantee Scheme 5.0 (ECLGS) to enable MSMEs and other industries to tide over the liquidity crunch during the West Asia crisis, MSME Secretary Bharat Khera said on Tuesday.Speaking at a Confederation of Indian Industry (CII) event here, Khera said, “Our effort has been to ensure that MSMEs don’t suffer unduly in such times.”Khera said while disruptions caused by the West Asia crisi…
New Delhi, June 30 (IANS) Emphasising that “Indian challenges require Indian solutions”, Outgoing Indian Army Chief General Upendra Dwivedi on Tuesday said that ‘Atmanirbharta’ or self-reliance is a “core requirement” of national security and future warfare. In an exclusive interview with IANS, Gen Dwivedi said that in times of crises, the country should rely on its own systems. He mentioned that indigenous systems have performed well and are becoming central to the national security framework.W…
Vadodara, June 29 (IANS) The sports goods manufacturing sector was highlighted as a key pillar in India’s emerging sports economy, with Union Youth Affairs and Sports Minister Mansukh Mandaviya stating that the segment will play a significant role in positioning the country as a global sporting powerhouse. Speaking at a seminar held in Vadodara under the Vibrant Gujarat Regional Conference, Mandaviya said sports goods manufacturing, supported by growing participation in sport, is creating new …
Vadodara, June 29 (IANS) Gujarat Chief Minister Bhupendra Patel on Monday held a bilateral meeting with Russian trade representatives, including Zlata Antusheva, Head of Government Relations and Financial Sector at the Trade Representation of the Russian Federation in India, as part of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat.The meeting was held during a series of one-to-one engagements on the opening day of the two-day conference in Vadodara, which has brought togethe…
Vadodara, June 29 (IANS) India has maintained both its energy security and economic stability despite recent geopolitical developments in West Asia, Union Minister of Power and Housing and Urban Affairs Manohar Lal Khattar said on Monday, attributing the country’s resilience to long-term planning, power sector reforms and investments in urban infrastructure. Addressing the inaugural session of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadodara, the minister said a rel…
Vadodara, June 29 (IANS) India is preparing to build power generation capacity of 300 gigawatts next year to meet rapidly rising electricity demand driven by data centres, electric vehicles and artificial intelligence, Union Housing, Urban Affairs and Power Minister Manohar Lal Khattar said on Monday. Addressing the inaugural session of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadodara, the minister said the Centre had planned ahead to ensure that the country’s growi…