Pre-Emptive Measures by ICG During Cyclone

Indian Coast Guard has initiated the following pre-emptive and proactive measures to prevent loss of fishermen lives and to reduce impact from Cyclone ‘Amphan’ and Nisarga. Details of which is as under:   ICG formation were put on high alert and high state of preparedness.  Fisheries authorities and local administration were warned for precautionary measures. … Read more

Setting up of Industries by Foreign Companies

‘Make in India’ was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first ‘Vocal for Local’ … Read more

Steps to Boost The Growth of Industries

Promotion of industries is a continuous and ongoing effort of the Government. Government has taken a number of steps, in addition to the ongoing schemes, to boost the growth of industries. The measures taken in a few important areas are highlighted below:   Aatmanirbhar Package to boost Industrial growth has been announced by the Government for … Read more

SBI raises Rs 7,000 crore through Basel III compliant bonds

State Bank of India (SBI) has raised Rs 7,000 crore by issuing 70,000 Basel III compliant non-convertible, taxable, redeemable debt instruments in the nature of debentures to bond subscribers. The Committee of Directors for Capital Raising at its meeting of held on September 21, 2020 has accorded its approval to allot the same. The allotment … Read more

Increasing Farmers’ Income

The Government constituted an Inter-ministerial Committee in April, 2016 to examine issues relating to “Doubling of Farmers Income” and recommend strategies to achieve the same. The Committee submitted its Report to the Government in September, 2018 containing the strategy for doubling of farmers’ income by the year 2022.The DFI strategy as recommended by the Committee … Read more