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Nuclear Power Corporation of India Limited (NPCIL) and Electricite de France (EDF) of France signed an Industrial Way Forward Agreement for implementation of six nuclear power reactor

Nuclear Power Corporation of India Limited (NPCIL) and Electricite de France (EDF) of France have on March 10, 2018 signed an Industrial Way Forward Agreement for implementation of six nuclear power reactor units at Jaitapur, Maharashtra with a total capacity of about 10,000 MW. The Evolutionary Pressurized Reactors (EPRs) are evolutionary reactors, whose design has evolved from “KONVOI’ and “N4’ reactors which have been in operation in Germany and France respectively for about two decades. Further, the work at Jaitapur will be commenced only on demonstration of full power operation of Flamanville-3 under construction in France, as reference plant, to have an operationally proven technology.

 

Pathankot gets Operationalized as the 21st airport under UDAN

The maiden flight from Delhi to Pathankot was inaugurated at a function at Terminal 3, IGI Airport, New Delhi by Sh. Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation in the presence of Sh. Vijay Sampla, Minister of State for Social Justice and Empowerment, here today. With this, Pathankot now gets operationalized as the 21st Airport under UDAN (Ude Desh ka Aam Naagrik) – RCS (Regional Connectivity Scheme). Airports Authority of India (AAI) is the implementing agency of UDAN.

 

Shri Piyush Goyal Launches UTTAM APP for Coal Quality Monitoring

The Union Minister for Railways and Coal Shri Piyush Goyal today launched UTTAM App for Coal Quality Monitoring.  UTTAM stands for – Unlocking Transparency by Third Party Assessment of Mined Coal (uttam.coalindia.in). The Ministry of Coal and Coal India Limited (CIL) developed UTTAM,aims to provide an App for all citizens and coal consumers to monitor the process of Third Party Sampling of coal across CIL subsidiaries.

UTTAM App ensures accountability, transparency, effectiveness and efficiency in coal ecosystem.  It provides a platform for monitoring of sampling and coal dispatches.  The App is designed with an aim to make the citizens a stakeholder in the coal ecosystem. UTTAM is an example of leveraging technology to facilitate a bidirectional channel between Coal India Limited and a common citizen.  It ensures transparency and efficiency in the coal quality monitoring process and brings coal governance closer to people.

 

Ministry of Parliamentary Affairs to celebrate Swachhata Pakhwada 2018

As a part of Swachh Bharat Mission, Ministry of Parliamentary Affairs is celebrating the Swachhata Pakhwada 2018 from today, the April 5th. Minister of State forWater Resources, River Development & Ganga Rejuvenation and Parliamentary Affairs, Shri Arjun Ram Meghwal took a meeting with Members of Parliament today to discuss programme and activitiesto be organized relating to the Swachhata Pakhwada.

 

IndusInd Bank Gets RBI Nod To Acquire IL&FS Arm

Private sector lender IndusInd Bank received RBI’s approval to buy the securities services arm of IL&FS.  In March 2017, the bank entered an agreement with Infrastructure Leasing and Financial Services, the promoter shareholder of IL&FS Securities Services Ltd (ISSL), to acquire 100% stake in ISSL.

 

MakeMyTrip ties up with Flipkart for travel bookings

Online travel portal MakeMyTrip Ltd has formed a partnership with Flipkart to allow customers to book domestic flight tickets and other travel services directly through the e-commerce firm’s portal.

The partnership will start with domestic flight bookings in the next few weeks, followed by hotels, bus and holiday bookings

 

RBI switches back to GDP model to measure economy

The Reserve Bank today switched back to the gross domestic product (GDP)-based measure to offer its growth estimates from the gross value added (GVA) methodology, citing global best practices.

Government had started analysing growth estimates using GVA methodology from January 2015 and had also changed the base year to 2018 from January.

 

Ministry of Tribal Affairs launches first ever “Van Dhan Vikas Kendra” at Bijapur, Chhattisgarh for value addition of Forest Produce

Minor Forest Produce (MFP) is a major source of livelihood for tribals living in forest areas.  The importance of MFPs for this section of the society can be gauged from the fact that around 100 million forest dwellers depend on MFPs for food, shelter, medicines and cash income. It provides them critical subsistence during the lean seasons, particularly for primitive tribal groups such as hunter gatherers, and the landless. Tribals derive 20-40% of their annual income from MFP on which they spend major portion of their time. This activity has strong linkage to women’s financial empowerment as most of the MFPs are collected and used/sold by women. MFP sector has the potential to create about 10 million workdays annually in the country.

 

Union Minister for Food Processing Industries Smt Harsimrat Kaur Badal to inaugurate Uttarakhand’s second Mega Food Park at Udham Singh Nagar 

Union Food Processing Industries Minister Smt. Harsimrat Kaur Badal will inaugurate the second Mega Food Park in Uttarakhand at Mahuakhera Ganj in Kashipur in Udham Singh Nagar district on Sunday ie 8th April 2018.  The food park is being set up at a cost of Rs 99.96 crore and will benefit around 25,000 farmers in this as well as neighboring districts.

The mega food park– M/s Himalayan Mega Food Park Private Ltd, which is being set up in an area of 50.14 acres, would have a central processing center as well as well as three Primary Processing Centers (PPCs) at Ram Nagar, Ramgarh and Kaladungi.

 

Global Logistics Summit Held In New Delhi

The Global Logistics Summit was held in New Delhi. It was organized by the Department of Commerce, Ministry of Commerce & Industry, along with FICCI (Federation of Indian Chambers of Commerce & Industry) and the World Bank Group. The Summit acts as a platform to hold discussions with global experts, academics, government officials and private sector and industry representatives. According to the Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, 56 new airports will be ready for operation in the next few years.

 

Sahyog- Hyeoblyeog 2018: Indian, Korean Coast Guards Hold Joint Exercise

Indo-Korean joint anti-piracy, search and rescue exercise ‘Sahyog- Hyeoblyeog 2018’ was conducted off the Chennai coast, in Tamil Nadu. The Korean Coast Guard ship ‘Bodaro’ took part in the exercise. Indian Coast Guard deployed a Dornier aircraft to carry out a sea-air coordinated search along with ICG Shaurya, Rani Abbakka, C-423, C-431 in the exercise. The mission of the joint exercise is to develop working level co-operation and enhance interoperability in the fields of maritime search and rescue, anti-piracy operations.

 

Subrata Bhattacharjee appointed as Next Ambassador Of India To Serbia

Subrata Bhattacharjee appointed as the next Ambassador of India to the Republic of Serbia. He is an IFS officer of 1989 batch. He is currently Joint Secretary in Ministry of External Affairs

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