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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102770) | |
2481. 360 km of bullet train project completed, Maharashtra section progressing: Vaishnaw
- On 1 march, 2025, Union Railway Minister of India inspected the Ahmedabad Railway Station Redevelopment Project and announced that 360 km of the Bullet Train project has been completed, with the Maharashtra section making significant progress.
- "The work of almost 360 km of the Bullet Train has been completed, and the loss of two and a half years that we had due to the permission denied by (Uddhav) Thackeray, we are trying to make up that as well said' Union Railway Minister of India
- Union Railway Minister of India further added that the Maharashtra section of the Bullet Train is progressing well, with "almost 2 km of the undersea tunnel ready".
2482. India’s core sector growth remains steady at 4.6% in January
- On 28 February,2025, It was Reported that India's infrastructure output, which accounts for about two-fifths of industrial production, remained steady at 4.6% in January, slightly lower than 4.8% in December.
- The growth was driven by increased production in cement, refinery products, coal, steel, fertilizers, and electricity.
- While cement saw strong growth due to demand from the real estate and roads sector, coal, steel, and electricity growth remained subdued. Given this trend, IIP growth is expected to be in the range of 4-5%," said Madan Sabnavis, chief economist, Bank of Baroda.
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2483. Adani Green crosses 12GW renewable capacity, added 275 MW solar project
- On 28 February 2025, Adani Green Energy (AGEL) said its total operational renewable energy generation capacity has increased to 12,258.1 MW with the commissioning of an additional 275 MW of solar power project at Khavda, Gujarat.
- Based on the relevant clearances, it was decided on February 27, 2025 to operationalize the plant and commence power generation from February 28, 2025, it added.
- Adani Green Energy is developing the world's largest renewable energy plant of 30,000 MW on the barren waste land at Khavda in Kutch, Gujarat.
2484. In A First, India Is Now Exporting Apple Components To China And Vietnam - Thanks To 'Make In India'
- For the first time, India has begun exporting electronic components to China and Vietnam for the manufacturing of Apple products, marking a strategic shift in the global supply chain.
- By exporting key parts, India is gaining a foothold in global electronics manufacturing, with industry experts projecting that the country could achieve $35-40 billion in component exports by 2030-31.
- While it's mainly components like enclosures now, the 'Make in India' initiative promises more advanced component manufacturing in the future," said Counterpoint’s Shah.
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2485. PLI boost: India exporting high-end electronics now, says Ashwini Vaishnaw
- On 28 February,2025, India is making significant strides in the electronics sector as the country begins exporting high-end electronic components to global manufacturing hubs, Union Minister for Railways, Electronics and IT, said .
- The PLI 2.0 scheme and Make in India initiative have encouraged domestic production and reduced dependency on imports, allowing Indian manufacturers to compete on the global stage.
- Last month, the government said that the PLI 2.0 scheme for IT hardware has generated Rs 10,000 crore in production and created 3,900 jobs within just 18 months of its launch.
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2486. French defence major Safran expands its footprint in India with second office in New Delhi
- On 4 February,2025, France's leading Defence and Aerospace conglomerate, Safran, celebrated the inauguration of its new office, Worldmark 2, in Aerocity in the national capital.
- The company has been a key partner in India's aerospace ecosystem for close to seven decades, and is deeply committed to supporting the 'Make in India' initiative.
- By increasing its footprint in the country, Safran aims to enhance technology transfer, increase local industrial capabilities, and further strengthen its collaboration with Indian companies.
2487. IT Minister Ashwini Vaishnaw tests a truly made-in-India laptop with international standards
- On 26 February,2025, Union minister for railways, information and broadcasting, and electronics and information technology, shared a video of him testing a completely made-in-India laptop by a company called VVDN Technologies.
- Puneet Agarwal, CEO of VVDN Technologies, in the video shared by the IT minister, says, “Hardware, motherboard, mechanicals, body or chassis, and software are made in India and are on par with international standards.”
- The specifications of one such laptop include a 14-inch display, an Intel Celeron processor, up to 256GB of SATA SSD storage, and up to 8GB of RAM, running on Microsoft’s latest Windows 11 operating system.
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2488. J&K achieves 99.80% digital banking coverage
- On March 16, 2025, official data revealed that Jammu and Kashmir has achieved 99.80% digital coverage of all eligible savings and business accounts, marking a major milestone in financial inclusion and digital transformation.
- Key Figures & Achievements: 1.28 crore accounts have been successfully onboarded to digital banking platforms across all 20 districts of the Union Territory. As of January 31, 2025, only 25,472 accounts remain to be digitally enabled. J&K Bank and State Bank of India (SBI) have achieved 100% digital coverage in both savings and business accounts.
- Growth in Digital Transactions: J&K Bank's Digital Transactions (2024-25, up to December): 138.90 crore total transactions 99.80% digital transactions 70% through UPI platforms
- The data highlights J&K’s rapid adoption of digital banking, significantly improving financial inclusion and ease of transactions. The UPI platform's growing dominance suggests a strong shift towards a cashless economy in the region. With nearly complete digital banking penetration, J&K is on track to become one of the most financially digitized regions in India.
2489. New policies attract investors to J&K, receive investment proposals worth ₹1.69 lakh crore
- On March 17, 2025, the Jammu and Kashmir government announced the receipt of ₹1.69 lakh crore in investment proposals, expected to generate 6,06,203 jobs. These proposals require 80,668.91 kanals (10,083.6 acres) of land by March 2025.
- Key Developments in Industrial Land Allotment: 6,816.25 kanals (852.25 acres) allotted to 213 non-local investors under the J&K Industrial Policy (2016-26) and Industrial Land Allotment Policy (2021-30). Jammu received the majority of this land with 6,408.25 kanals (801.25 acres), while Kashmir received 408 kanals (51 acres). Investors come from Delhi, Haryana, Punjab, Uttar Pradesh, Maharashtra, Gujarat, Chandigarh, and Himachal Pradesh.
- Investment & Job Growth Over Recent Years: In 2023-24, investments worth ₹3,389 crore created 1,46,317 new jobs (57% increase from the previous year). In 2024-25, 381 new units started operations, generating ₹3,887 crore and 10,715 jobs. Over the last five years, 2,031 industrial units have become operational, attracting ₹10,516 crore in investment and creating 65,982 jobs.
2490. Central Government Approves Expansion of Badlapur-Karjat Railway Tracks to Boost Infrastructure and Connectivity
- On 17 march 2025, It was reported that, the Central Government has approved the expansion of the third and fourth railway tracks on the Badlapur-Karjat route. This decision was made during the 89th meeting of the Network Planning Group (NPG) under the ambitious 'PM Gati Shakti' initiative.
- The 32.460 km brownfield project aims to decongest the Mumbai-Pune-Solapur-Wadi-Chennai corridor by addressing delays caused by rising passenger and freight traffic.
- The project will also enhance connectivity for key stations such as Badlapur, Vangani, Shelu, Neral, Bhivpuri, and Karjat, benefiting thousands of daily commuters and freight transporters.