India News – March 1-15, 2022, Vol 2 Issue 16

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Mar 1-15, 2022 - Vol 2, Issue 16

INDIA NEWS

MAKE IN INDIA

MAKE IN INDIA

As world economies restart their engines in a bid to regain lost ground due to the Covid-19 pandemic, India too shows signs of economic buoyancy and promise. India’s Make in India initiative holds a key to the global economic revival, something that should interest Australian government ministries, corporate sector, entrepreneurs, institutions seeking R&D collaborations and Australia Inc in general, among others. India assumes greater importance as several major world economies including American, Japanese, German, British and South Korean look to move out and diversify their businesses from China. India has jumped to 63rd rank in the World Bank’s Ease of Development 2020 report, and has also been ranked as the 9th largest recipient of Foreign Direct Investment destinations in 2019 by the World Investment Report 2020 of the United Nations Conference on Trade and Development (UNCTAD).

PM Modi urges people to visit border villages for rural development

IANS

Gadkari to launch infra projects on Delhi-Jaipur highway in March

IANS

Gurugram, February 23 (IANS): Indian Union Minister for Road Transport and Highways Nitin Gadkari will lay the foundation

stone of several infrastructure projects on the Delhi-Jaipur National Highway on March 8, Gurugram district administration said on February 23.

Officials said a tender worth Rs 459 crore for the repair of the Delhi-Jaipur Expressway and service lane is also among the projects.

The projects worth about Rs 1,000 crore, includes Rs 23 crore for construction of Bilaspur Chowk flyover, Rs 81 crore for Manesar elevated flyover and Rs 23 crore for Bawal Chowk flyover.

After the completion of these projects, the traffic pressure on Delhi-Jaipur National Highway will be reduced and the traffic management will be improved, officials asserted.

Apart from this, foundation stone for the flyover at Kapriwas Chowk in Rewari will also be laid by the minister.

After the laying of the foundation event, Gadkari would also address the public meeting.

J&K approves policy for promotion of foreign investment in industrial sector IANS

chairmanship of Lieutenant Governor Manoj Sinha on February 23 approved the policy for promotion of Foreign Investment in the industrial sector in Jammu and Kashmir, 2022. The new policy is based on the guiding framework on FDI issued by the Government of India through the RBI and Department for Promotion of Industry and Internal Trade and will be valid for the next 10 years. It aims to facilitate large foreign investments greater than Rs 100 crore with a minimum of 51 per cent foreign stakes.

Jammu, February 23 (IANS): The Jammu and Kashmir Administrative Council (AC) which met under the

The policy also provides for identifying parcels of land in various industrial estates to be given exclusively to industries with foreign investments including vertical rise premises in the form of multi-purpose buildings/complexes, with plug

and play facilities. The land allotment process will be regulated by the J&K Industrial Land Allotment Policy, 2021-30, whilst such units will also be eligible for benefits, incentives, and support under the Jammu and Kashmir Industrial Policy 2021-30 and New Central Sector Scheme for the industrial development of Jammu and Kashmir. For optimal utilization of land resources and to provide integrated services to multiple players, the policy also envisages the establishment of multipurpose complexes for foreign investment by developing IT tower projects through private players in Sempora, Pampore and Exhibition Ground, Jammu. These towers will house different business activities and will form a part of the 'Industrial Complex for Foreign Investment'.

Invest India State Connect series with Telangana

T

he state’s team launched the ‘Invest India State Connect Series’ and organized an interaction with the Government of Telangana. Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) (PSI), all sector directors, D. Krishna Bhaskar, Director

www.indianews.com.au

Industries, and other senior officials from Telangana joined the interaction. Various Invest India teams - East Asia, Startup, One District One Product (ODOP), Waste to Wealth (W2W), Accelerating Growth of New India’s Innovations (AGNIi), India Industrial Land Bank (IILB), Project Monitoring Group (PMG),

National Single Window System (NSWS), India Investment Grid (IIG) and Telangana – briefed on the work and collaboration between Invest India and the state. Further action has been undertaken for each initiative.

Source: Invest India, Government of India

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New Delhi, February 23 (IANS): Prime Minister Narendra Modi on February 23 appealed to the people to visit border villages as part of the "Vibrant Village programme" announced in the budget 20-23. The programme is vital for the development of border villages, he added. "How wonderful it would be if people from tehsils go to the border villages and experience for themselves, the ambience there, how people live there. It will not only be an educational activity but will also help support our Vibrant Villages scheme," Modi said while addressing a webinar on Budget 2022-23 on the theme "#LeavingNoCitizenBehind" focussing on water and rural development. The series of webinars is a part of the new initiative of discussion and dialogue with various stakeholders associated under the programme. Striking an emotional chord with the villages, the PM suggested holding birthday celebrations of the villages. "Women are the backbone of rural economy and over time, financial inclusion has ensured that they participate in the economic decisions of a family," Modi said and added, the scope needs to be broadened through Self Help Groups (SHGs). As part of the Jal Jeevan Mission, the PM said, his government aims at providing 4 crore connections and suggested that more needs to be done. "I insist that each and every state ensures good water quality through the pipeline that is being laid, the water that is being made available through taps." "Now is the time that 100 percent saturation is achieved

in providing basic facilities like water, electricity and all. We will need to push with all our energy. The budget has a clear roadmap for implementing these schemes," the Prime Minister said and enumerated the schemes -- PM Awas Yojana, Pradhan Mantri Grameen Sadak Yojana, Jal Jeevan Mission, connectivity with the NE India, broadband connectivity for rural India-- saying provisions for which has been made in the budget. PM Modi also mentioned the PM Development Initiative for NE region (PMDevINE) and the SVAMITVA scheme under which 40 lakh property cards have been distributed. "Optimum utilisation of each and every penny is needed," he asserted. As part of achieving Atma Nirbhar Bharat by providing 55 litres per capita per day (lpcd) clean tap water through tap in every rural household, the webinar was organised on implementation of Budget 2022 focusing on water and sanitation. As many as 100 districts, 1,144 blocks, 66,647 gram panchayats and 1,37,642 villages have become aHar Ghar Jal'. Three States - Goa, Telangana, and Haryana and three UTs A&N Islands, D&N Haveli & Daman & Diu and Puducherry have provided 100 per cent tap water coverage to its people. The SVAMITVA scheme was launched on April 20, 2020 on the National Panchayati Raj day. It aims to demarcate inhabited (Abadi) land and provide Record of Rights/Property Cards in rural areas. The pilot phase of the scheme was launched in 2020 with nine states. Currently, the scheme is ongoing in 29 states and UTs and aims to cover all the villages by 2025.

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