In an effort to promote Atmanirbhar Bharat, the government has indigenized 72 pieces of military hardware.

Of the 214 items on the Positive Indigenisation List, the government has indegenized 72 so far.

Defense PSUs have indigenized 72 out of 214 items on the 1st and 2nd Positive Indigenisation Lists (PILs), speeding up the process of Atmanirbhar Bharat (DPSUs).

The indigenization ...

INDO-US DEFENCE PARTNERSHIP GOES BEYOND TRADE SAYS US OFFICIAL

Highlights

• The Indo-US defence partnership is not just restricted to trade and goes beyond it said the US Charge d' Affaires, Don Heflin

• This statement from Don Heflin came while he was speaking at the US Embassy’s conference on Aero India

&bu...

ATMANIRBHAR BHARAT IS NOT INWARD-LOOKING, BUT AIMED AT BOOSTING INDIA’S CAPABILITIES SAYS PM MODI

Highlights

• PM Narendra Modi said India’s self-reliance on defence capabilities will boost its standing of being net security provider in the Indian Ocean

• The main purpose of imposing ban on numerous defence equipments is not only curbing the imports but als...

COVID-19 VACCINE, SELF-RELIANT INDIA & CHINA: HIGHLIGHTS OF PM MODI'S INDEPENDENCE DAY SPEECH

Highlights

• PM Narendra Modi showered praises on corona warriors as they have been relentlessly battling against the pandemic

• At present, 3 vaccines are under development in India said PM Modi

• PM Modi clearly said that from the Loc to LAC, India h...

GOVERNMENT OF INDIA IMPOSES BAN ON IMPORT OF 101 DEFENCE EQUIPMENT ITEMS

Highlights

• The Union Finance Minister Nirmala Sitharaman had previously announced privatisation in the Indian defence sector

• This is huge boost for the Government of India’s ‘Atmanirbhar Bharat' initiative said Union Defence Minister Rajnath Singh...

EVERY SECTOR IS OPEN FOR PRIVATE INVESTMENTS SAYS FM SITHARAMAN

Highlights

• Businesses have gained momentum courtesy of the economic stimulus package announced by the government said FM Nirmala Sitharaman

• FM Situation clearly said that every sector is a private sector and every sphere is open for private investments

...

PM NARENDRA MODI ASSESSES THE PROGRESS OF RS 20 LAKH CRORE STIMULUS PACKAGE

Highlights

• Majority of the banks are already implementing  the measures announced under the stimulus package

• On Monday, the Prime Minister Modi met all the secretaries including the Finance Secretary

• First tranche of Rs 5.94 lakh crore was a...

GOVERNMENT OF INDIA ANNOUNCES ADDITIONAL RS 20,000 CRORE FOR MSMEs

Highlights

• The government announced an equity assistance worth Rs 20,000 crore for Micro Small and Medium Enterprises (MSMEs)

• The Agriculture ministry announced Minimum Support Prices (MSPs) for 14 crops in order to help the farmers

On the meeting that ...

RETAILERS AND SMALL BUSINESSES ARE ELIGIBLE FOR EMERGENCY CREDIT

Highlights

• All the assistance under this scheme will be sent in the form of additional working capital through a term loan facility for the eligible MSMEs and businesses

• As per CAIT, retailers and small businesses lost business worth Rs 9 lakh crore, while the Ce...

INDIAN ECONOMY TO CONTRACT FOR FIRST TIME IN OVER 40 YEARS SAYS MOODY’S

Highlights

• Global agencies like Goldman Sachs and Nomura have predicted 5 percent contraction in the Indian economy, while Bernstein expected growth of -7 percent

• Moody’s report clearly states the stimulus package announced by PM Modi will not completely re...