Infrastructure Development Current Affairs, GK & News

Cabinet approves Industrial Areas and Logistics Hub

The Union Cabinet chaired by Prime Minister Narendra Modi recently approved Industrial Areas and Logistics Hub. What are the projects approved? The projects approved by the Cabinet are as follows: Construction of various trunk infrastructure components for Krishnapatnam Industrial Area in Andhra Pradesh Tumakuru Industrial Area in Karnataka Multi-modal Logistics Hub and Multi-modal transport hub ..

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Rationalization of Coal Linkage Scheme

The Government of India is to rationalize the coal linkages in the country. This is to be done in order to reduce the load on transportation infrastructure and also to ease evacuation constraints. Highlights The Government of India has rationalized the coal linkages in order to reduce the distances of coal transportation. Unlike the previous ..

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Electric Vehicle Sale increases by 20% in 2020-21

The Society of Manufacturers of Electric Vehicles (SMEV) has released its data on Electric Vehicles sales. According to its report, the sales of Electric Vehicles have increased by 20% in the Fiscal Year 2019-20. Highlights The sale of electric vehicles in 2018-19 included 3,600 cars, 126,000 two wheelers and 400 buses. The sale of electric ..

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Three Schemes launched to boost Electronic Manufacturing Sector

The Government of India has launched three incentive schemes to boost electronics manufacturing in the country. The scheme will provide incentives of 4% to 6% when a company shows increased sales on electronic products. Highlights The incentives offered under the scheme are of worth Rs 48,000 crores. The companies shall claim the incentives from August ..

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GoI allocates Rs 1,480 crores to National Technical Textiles Mission

On March 19, 2020, the Minister of Textiles Smt Smriti Irani presented the details of National Technical Textiles Mission at Rajya Sabha. The GoI has allocated Rs 1,480 crores for the mission National Technical Textiles Mission The Mission aims to improve technical textiles in India. The mission is to be implemented for a period of ..

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