Search Results for: Indian economy

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
New Mpox strain poses a notable risk to children: Experts

Deadly Mpox Strain Clade 1b Emerges Deadlier, Threatens Global Health

The global health community is on high alert as a new and deadlier strain of Mpox, known as Clade 1b, has emerged, posing a significant risk to children. This outbreak, currently ravaging Africa, has been declared a global health emergency by the World Health Organization (WHO) on August 15, 2024. Aug 29, 2024
Cabinet approves 730 private FM radio channels in 234 new cities and towns

Government Greenlights 730 New FM Channels in Strategic Expansion

In a significant move to expand the reach of FM radio broadcasting across India, the government has given the green light for the roll-out of 730 private FM radio channels in 234 new cities and towns. This decision, announced on August 28, 2024, is part of the third batch of auctions under the 'Private FM Radio Phase III Policy'. Aug 28, 2024
Chhatrapati statue crash: MVA to stage protest in Mumbai on Sept 1

Chhatrapati statue crash: MVA to stage protest in Mumbai on Sept 1

With political temperature coming to a boil amid pouring rain in Sindhudurg, the top leaders of the Maha Vikas Aghadi (MVA) on Wednesday announced a fresh protest in Mumbai on Sunday to target the MahaYuti government over the collapse of Chhatrapati Shivaji Maharaj's statue at Rajkot Fort in Sindhudurg. Aug 28, 2024
Prime Minister Narendra Modi

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh. Aug 28, 2024
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