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Car manufacturers offer up to Rs 20,000 discount under new scrapping policy Car manufacturers offer up to Rs 20,000 discount under new scrapping policy

India's New Vehicle Scrapping Policy to Boost Cleaner and Efficient Vehicles

India's Vehicle Scrapping Policy encourages the replacement of old vehicles with cleaner ones, offering substantial discounts on new purchases. Major car manufacturers are offering discounts of 1.5% of the ex-showroom price or Rs 20,000, while Mercedes Benz India offers a flat discount of Rs 25,000. The policy also includes benefits like scrap value from Registered Vehicle Scrapping Facilities and tax concessions. The initiative aims to promote cleaner, safer roads and combat pollution, requiring coordination between manufacturers, scrapping facilities, and the government. Aug 29, 2024
Union Cabinet decides to expand scope of Agriculture Infrastructure Fund scheme

Union Cabinet decides to expand scope of Agriculture Infrastructure Fund scheme

In a significant move to enhance and strengthen the agricultural infrastructure in the country and support the farming community, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday, announced a series of measures to expand the scope of the central sector Agricultural Infrastructure Fund (AIF) scheme. Aug 28, 2024
IMF Boosts Egypt's Economy with $820 Million Aid

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face. Aug 27, 2024
Centre cuts timeline for public grievance redressal to 21 days

Centre Slashes Public Grievance Redressal Timeline from 30 to 21 Days

The Indian government has issued comprehensive guidelines to reduce the timeline for public grievance redressal to 21 days from the previous 30 days. This development was announced on August 27, 2024, and is expected to bring about a significant change in the way public grievances are handled in the country. Aug 27, 2024
RG Kar scam: ED to enter investigation by filing ECIR

RG Kar scam: ED to enter investigation by filing ECIR on Principal Sandip Ghosh

More trouble seems to be brewing for the former and controversial Principal of R.G. Kar Medical College & Hospital, Sandip Ghosh, as the Enforcement Directorate (ED) is also entering the scene by filing an Enforcement Case Information Report (ECIR) regarding financial irregularities there during his tenure. Aug 27, 2024
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