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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102629) | |
2411. Govt Approves Rs 1,500 Crore Incentive for Promotion of Small-Value UPI Payments
- On 20 march 2025 The government on Wednesday approved a Rs 1,500 crore incentive for the promotion of small-value BHIM-UPI (P2M). transactions up to Rs 2,000, a move aimed at benefiting common people and small merchants.
- The 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)' for the financial year 2024-25
- The incentive scheme on promoting low-value UPI transactions, which has been approved by the Cabinet today will encourage digital payments and further 'Ease of Living'''.
Click here to find 173 similar incidents of Bharat Economic Growth -> Digital Economy
2412. Zelestra Secures Landmark 500 MW Hybrid Renewable Energy Project in India, Advancing Grid Stability with Solar, Wind, and Battery Storage
- On 21 March,2025, It was reported that, Zelestra, a global renewable energy company, has been awarded a Firm & Dispatchable Renewable Energy (FDRE) contract by Satluj Jal Vidyut Nigam (SJVN). The contract paves the way for a 500 MW hybrid renewable energy project integrating solar, wind, and battery storage technologies.
- The project, set to be developed in Solapur, Maharashtra, is expected to come online by 2027. It will comprise approximately 250 MWdc of solar power, 180 MW of wind energy, and a 90 MWh battery energy storage system (BESS).
- Recognized as one of the top 10 clean energy suppliers to corporate customers worldwide by BloombergNEF (BNEF), Zelestra continues to strengthen its foothold in India.
2413. Make in India Success: India emerges as Global Railway Exporter; supplying coaches, locomotives to 16 nations including UK, Saudi Arabia, France
- On 21 March,2025 it was reported that, India is exporting trains, coaches, locomotives, bogies, underframes, propulsion systems, forged wheels, rail tracks, and consultancy services to multiple countries, showcasing its growing global presence in the railway sector.
- “Passenger coaches are being exported to Mozambique, Bangladesh, and Sri Lanka. Locomotives are now being sent to Mozambique, Senegal, Sri Lanka, Myanmar, and Bangladesh,”
- Driven by Atmanirbhar Bharat and Make in India initiatives to boost self-reliance, economic growth, and establish India as a global railway manufacturing and export hub.
Click here to find 44 similar incidents of -> Export To Other Countries
2414. Telecom gear major Nokia exporting up to 70 percent of its production from India
- On 5 march 2025 Telecom gear major Nokia is now exporting up to 70 per cent of its production from India, in a further boost to the ‘Make in India’ initiative.
- According to Tarun Chhabra, Senior Vice President and Country Head, Nokia (India), the company’s export varies from 30 per cent to 70 per cent and last year, exports stood at 50 per cent,
- Nokia is deploying its market leading AirScale portfolio including Multi Radio Access Technology (RAT) baseband units and Radio modules, all powered by its energy-efficient ‘ReefShark System-on-Chip’ technology to offer superior coverage and capacity
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2415. Apple and Samsung make 94% of India’s smartphone exports as Made in India mobile shipments grows 6% in 2024
- On March 20, 2025, Apple and Samsung have accounted for around 94% of India’s smartphone exports, noted Counterpoint’s ‘Make in India’ Service. Overall, ‘Made in India’ smartphone shipments grew 6% year-over-year (YoY) in 2024 primarily due to these two brands.
- Samsung retained its position as the top smartphone manufacturer in India in 2024, registering a 7% YoY growth and driven by a 13% YoY increase in its exports.
- Rising smartphone exports are also due to government’s PLI (Production-Linked Incentive) scheme that has encouraged global manufacturers to set up or expand their production facilities in the country.
Click here to find 862 similar incidents of Bharat Economic Growth -> Increasing Exports
2416. Paras Defence & Space Technologies secures Rs 142.31 crore contract from DRDO to make anti-drone laser dome
- On 21 March,2025,It was reported that, Paras Defence & Space Technologies Ltd has secured a ₹142.31 crore contract from DRDO's CHESS to develop a high-powered indigenous laser system for India’s most advanced anti-drone laser dome.
- To strengthen India’s self-reliance in defence (Make in India & Atmanirbhar Bharat), enhance air defence against drones and missiles, stimulate job creation, boost technological innovation, and open export opportunities.
- By developing a laser source module integrated with a beam control system on a mobile platform, designed for anti-drone/UAV and anti-missile applications. The project positions Paras Defence as South Asia's pioneer in this domain with potential access to a ₹25,000 crore market.
2417. Tata Motors begins India's first hydrogen truck trials range upto 500 kms
- On 4 March 2025 Tata Motors has commenced the trials of hydrogen-powered heavy-duty trucks in India, marking a significant step towards reducing emissions in long-haul freight transport.
- The project, funded by the Ministry of New and Renewable Energy under the National Green Hydrogen Mission, aims to assess the feasibility of hydrogen as a clean fuel alternative for commercial vehicles.
- The trial was launched in New Delhi in the presence of Union Minister of Road Transport and Highways and Union Minister of New and Renewable Energy i. It will involve 16 hydrogen-powered trucks operating on key freight corridors, including Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur, and Kalinganagar. T
- The involve 16 hydrogen-powered trucks operating on key freight corridors, including Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur, and Kalinganagar.
2418. Deoria: 2 roads built at Rs14cr inaugurated
- On 2 March, 2025, the newly-constructed roads were inaugurated by Sadar MP , while Agriculture Minister presided over the event.
- The first road, stretching 6.60 km from Dhoos Deoria to Shahpur Shukla Anand Nagar, was completed at a cost of Rs 6.36 crore.
- Agriculture Minister highlighted the progress made under the double-engine govt, stating that quality roads reflect a development-driven mindset. He reiterated the govt's commitment to providing essential amenities to the public.
Click here to find 427 similar incidents of Make in India / Atmanirbhar -> Roads and Highways
2419. With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest government NBFC
- On 5 March 2025 With a revenue of over Rs 26,600 crore and a profit after tax exceeding Rs 6,400 crore as of March 31, 2024,
- Indian Railway Finance Corporation (IRFC), a key financial institution under the Ministry of Railways, becomes India's third-largest government NBFC.
- IRFC has played a key role in funding nearly 80 per cent of Indian Railways' rolling stock and was the first CPSE to issue a 30-year tenor bond in overseas markets.
2420. Indian Army Launches White Water Rafting Expedition On Siyom River
- 0n 4 March 2025 Indian Army has flagged off a white-water rafting expedition on the Siyom River, featuring 25 participants from the force.
- The expedition, covering a 160 km stretch from Thumbin to Pasighat, will take place from March 3 to 6, 2025.
- The initiative aims to enhance adventure tourism in Arunachal while strengthening camaraderie and resilience among the participants.