Steel Secretary Aruna Sharma stated that government’s National Steel Policy has saved foreign exchange of Rs 5,000 crores since last year and has added around 24 million tonnes of crude steel capacity during the last four years.
Former Prime Minister Manmohan Singh on Monday accused the central government of punishing common man by not passing on the benefits of low petroleum prices internationally to the people here.
India has announced specific solar energy projects in parts of Africa in consultation with local governments and is seeking to ensure effective implementation of its Line of Credit of $1billion offered at a time when China is striving to emerge as a partner for much of the developing world.
Oil prices are closely aligned with the Narendra Modi government’s fiscal fortunes. When PM Modi was sworn in late May 2014, the price of the Indian basket of crude oilBSE 0.52 % was around $108 per barrel.
It could be two ratings upgrades in two weeks for India. According to sources in the government, the global ratings agency Standard & Poor’s (S&P) will revise India’s sovereign ratings on Friday.
The spike in crude oil prices may have changed the fiscal equation for the Modi government and causing some headache to the Reserve Bank of India (RBI).
The last three years under the Modi government have seen the transformation of the environment from being a field of relative stability and inactivity, to functioning as an active instrument of capital accumulation.
Affordable housing is not just about providing homes to the lower-income strata of society, though that is what the Modi government’s avowed intention behind the ‘Housing for All by 2022’ doubtlessly is.
Three Years of Modi Government, Attaining Freedom from Coal Shortages With Transparent Mineral Auctions
From the era of experiencing major coal shortages, India presently boasts of surplus coal as production of coal increased to 554 million tonnes in 2016-17 from 462 million tonnes in 2013-14.
he Modi government’s key renewable energy initiative — International Solar Alliance (ISA) — on Monday received boost when Djibouti, Comoros, Cote d’Ivoire, Somalia and Ghana signed the ISA framework agreement on the sidelines of African Development Bank (AfDB) meeting in Gandhinagar — aimed a boosting Indo-African ties.