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The Maharashtra government has approved the Khatua panel’s recommendation to slash the fare prices of autorickshaws by 15 per cent between 12 pm and 4 pm. This discount in fare is called as implementation of “happy hour” for autorickshaws by the state government. However, this is not applicable to app-based taxis and local cabs. This ..
The fund proposed for Maharashtra’s Manodhairya Scheme has more than halved from 2018-19 (80 crore INR) to 2019-20 (30 crore INR). Workings of the Scheme The Manodhairya Scheme is a victim compensation scheme introduced by the Maharashtra government. It provides financial support and rehabilitation to the victims. Under the scheme, the police are required to ..
The Competition Commission of India (CCI) recently permitted the Maharatna PSU NTPC Limited to acquire the government’s entire stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO). NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent in THDC India, the rest of which is held by ..
India’s first inter-city electric bus service was recently inaugurated in the state of Maharashtra between Mumbai and Pune by the Union Transport minister Nitin Gadkari. The luxury electric bus with 43-seater capacity has been manufactured by a private firm and being operated by another Maharashtra-based mobility firm. The bus would be operated twice daily between ..
The Union Cabinet of India recently approved to set up 13th major port of India, at Vadhavan in Maharashtra. The project is to entail a total cost of Rs 65,544 crore. The government is expected to hold 51 per cent stake in the project of the new port. All related business activities would be done ..
A German cybersecurity firm called Greenbone Sustainable Resilience recently published a report on medical data leaks. It revealed that the medical details of more than 120 million Indian patients have been leaked and made available on the Internet. The state of Maharashtra is placed at the top of the list of states that are affected by ..
As per the recent announcement from the Indian Bank’s Association (IBA) made on Monday, 27th January 2020, Former Managing Director and CEO of Punjab National Bank, Sunil Mehta has taken charge as the Chief Executive of Indian Banks’ Association. The Association is based in Mumbai, Maharashtra was formed on 26th September 1946 as an association ..
The state government of Maharashtra has launched the ‘Shiv Bhojan’ scheme on a pilot basis, which aims to provide a meal to the poor for Rs 10. The scheme was launched on the occasion of the 71st Republic Day celebrations on Sunday, 26th January 2020. As a part of one of the promises made by ..