India’s export of Tractors rose by more than 72 % to USD 1025 Million during April-December 2021 compared to USD 594 Million during April-December 2013. The major destination for export of tractors is U S A (25.2%), Nepal (7.3%), Bangladesh (6.5%), Thailand (5.4%) and Sri Lanka (5.3%) The Economic Survey 2017-18 stated that Indian tractor industries have emerged as the largest in the world and account for about one-third of total global tractor production. Budget 2022 proposed to phase out the concessional rates in capital goods and project imports gradually. This is another step towards creating level playing field for…
Author: Editor's Desk, Tattva News
As per Reserve Bank of India (RBI) data on global operations, gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) have declined from Rs. 9,33,779 crore (GNPA ratio of 9.07%) as on 31.3.2019 to Rs. 8,00,463 crore (GNPA ratio of 6.93%) as on 30.9.2021. This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha.. Further, the Minister stated, GNPAs of Deposit Taking-NBFCs and Non-Deposit taking Systemically Important-NBFCs were Rs. 1,91,413 crore (GNPA ratio of 6.87%) as on 30.9.2021. Giving more details, the Minister stated that as per…
As on January 24, the total number of Permanent Account Numbers (PANs) linked with Aadhaar is 43,34,75,209. This was stated by Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question in Lok Sabha. The Minister further stated that the time-limit as extended by the Government for linking all PAN cards with Aadhaar cards is March 31, 2022. Speaking on the difficulties involved, the Minister stated that there could be different reasons for difficulties in linking PAN card with Aadhaar card faced by the taxpayers. These inter alia may be on account of mismatch between…
Union Minister for Power and MNRE R K Singh virtually launched Powerthon-2022, a hackathon competition under RDSS to find technology driven solutions to solve the complex problems in power distribution and to ensure quality and reliable power supply. In his keynote address R K Singh, said that this program is much needed in the power sector. We will have a standing body and this innovation will be open and an ongoing scheme. He encouraged technologists to come forward not only with solutions to existing problems but also with other problem statements and ideas for reliable power supply. He said that ideas and…
In what’s indicative of ever increasing popularity of All India Radio, for two months in a row, listenership of All India Radio live-streams on NewsOnAir App has seen a jump of 2 Million. From 16 Million in November 2021 to 18 Million in December 2021, number of AIR listeners who tuned into NewsOnAir App in January 2022 has jumped by another 2 Million, taking the total to 20 Million. For the first time ever in the world of Radio, Prasar Bharati Audience Research team started quantifying listenership in absolute numbers from November 2021. In the latest Rankings of top cities…
Developing an efficient transport network is a big challenge in hilly areas. The rail and air transport networks are limited in these areas, while the development of road network has technical challenges. In this backdrop, Ropeways have emerged as a convenient and safe alternate transport mode. Government has decided to develop Ropeways in hilly areas of the country. The Ministry of Road Transport and Highways (MORTH) has so far been responsible for development of Highways and regulating the road transport sector across the country. However, in February 2021, the Government of India (Allocation of Business) Rules 1961 was amended, which enables…
With the confirmation of the Australian authorities to reopen its borders, nearly after two years’ of Covid-19 pandemic, to fully vaccinated travellers from around the world on February 21st, giving push to launch massive tourism campaign in the country. After two years, this will facilitate quarantine-free travel to all fully vaccinated visa holders, tourists, business travellers and other visitors from later this month. However, Visa holders who are not fully vaccinated will still require a valid travel exemption to enter Australia, and will be subject to state and territory quarantine requirements. This makes opening of tourism prospects with Singapore, which…
Covid-19 menace has ruined the financial status of large number of Indians, particularly from middle-class and daily wage earners. While on one account they suffered due to loss of livelihood options in the wake of government restrictions during this period and they were also pushed into indebtedness due to unregulated charges by hospitals and medical professionals. Moreover, most of people were locked up in huge expenditure only against tests. According to a study conducted by a Nagapur-based consumer rights civil social group Grahak Bharati, during last two years, Indians have spent a stupendous amount of Rs 74,000 crore on Covid…
Giving great relief from the Covid-19 wave to India, the total number of cases registered during last 24 hours fallen below 1 lakh, for the first time since a month. Today reported 83,876 fresh cases that took its total tally to 4,22,72,014, according to Union health ministry data. The death toll climbed to 5,02,874 with 895 more fatalities, the data updated at 8 am stated. The number of active cases in the country has declined further to 11,08,938, comprising 2.62 per cent of the total infections. The national COVID-19 recovery rate has improved to 96.19 per cent, the ministry said.…
Union Minister for Minority Affairs Mukhtar Abbas Naqvi offered “Chadar” on behalf of Prime Minister Narendra Modi at Ajmer Sharif Dargah in Rajasthan on the occasion of 810thUrs of Khwaja Moinuddin Chishti. Naqvi read out the message of the Prime Minister in which he conveyed greetings and best wishes to followers of Khwaja Moinuddin Chishti in India and abroad on the occasion of annual Urs. Prime Minister Modi in his message said, “Congratulations and warm wishes to followers of Khwaja Moinuddin Chishti across the world on his 810thUrs. By offering “Chadar” to Ajmer Sharif, I pay homage to the Great…