Loading...
| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102866) | |
2441. Bhoomi Puja held for ISRO's 2nd spaceport at Kulasekarapattinam in Tamil nadu
- On 5 March 2025 The Bhoomi Puja was performed for construction of ISRO's second spaceport at Kulasekarapattinam in the southern Thoothukudi district of Tamil Nadu.
- The spaceport, which will cater only to launch Small Satellite Launch Vehicles (SSLVs) to place satellites in Low Earyh Orbit (LEO), as main missions involving PSLV, GSLV and LVM-3 rockets
- The second rocket launch centre will come up in a 2,233 acre area at a cost of about Rs 950 crores and it would herald a new era in India's space exploration journey.
Click here to find 462 similar incidents of Make in India / Atmanirbhar -> Space
2442. India's Rooftop Solar Installations Hit Record 3.2 GW in 2024
- On 5 March 2025 , India witnessed a significant expansion in rooftop solar capacity in 2024, with installations reaching 3.2 GW, marking an 86 per cent increase compared to the 2023.
- Mercom India Research’s Q4 & Annual 2024 India Rooftop Solar Market Report. The surge in capacity was largely driven by the widespread implementation of the PM Surya Ghar: Muft Bijli Yojana.
- The majority of these installations were executed under the capital expenditure (CAPEX) model, which represented 88 per cent of the total capacity added, while the remaining installations were carried out under the operational expenditure (OPEX) or renewable energy service company (RESCO) model.
- , Gujarat led the rooftop solar capacity additions with a 36 per cent share, followed by Maharashtra at 20 per cent and Kerala at 9 per cent. As a result of these expansions, India’s cumulative rooftop solar capacity reached 13.7 GW by the end of December 2024.
2443. Govt Grants Rs 45.22 Crore to JK, Ladakh for Mini Hydropower Projects
- On March 20, 2025, the Union Ministry of New and Renewable Energy announced that it has provided ₹45.22 crore to Jammu & Kashmir (J&K) and Ladakh over the past five years to develop small and mini hydropower projects.
- Funding Breakdown: J&K received ₹20.31 crore, with the highest annual allocation of ₹9.50 crore in 2021-22. Ladakh received ₹24.91 crore, with the highest annual allocation of ₹8.80 crore in 2021-22.
- This initiative underscores the central government’s commitment to renewable energy expansion in J&K and Ladakh, promoting sustainable infrastructure development in these strategically important regions.
2444. Srinagar to Get River Cruise and 10 Floating Jetties to Boost River Tourism in J&K
- On March 20, 2025, the Inland Waterways Authority of India (IWAI) signed a Memorandum of Understanding (MoU) with the Government of Jammu & Kashmir (J&K) to develop river cruise tourism, aiming to boost local employment, economy, and tourism.
- Key Features of the Project: Development of a river cruise system in Srinagar. Construction of 10 floating jetties along the river. Total estimated investment: ₹100 crore.
- This will strengthen the tourism industry by offering a unique waterway travel experience. It will also create new job opportunities for local residents and boost economic growth through enhanced connectivity and infrastructure development.
Click here to find 102 similar incidents of FOCUS on JAMMU KASHMIR, LADAKH -> Tourism Industry
2445. India's warehousing and logistics sector witnesses 203% investment surge in 2024
- On 20 march,2025, It was reported that, The Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total institutional investment garnered in the real estate sector last year.
- According to Vestian's report, investment inflows surged to 203 per cent year-on-year in the sector, driven by the growing demand for warehouses amid the rapid expansion of the quick commerce sector.
- The government's continued focus on mega infrastructure projects is expected to further propel growth in the sector.
Click here to find 1469 similar incidents of Bharat Economic Growth -> Bharat Economic Growth
2446. India’s coffee exports surge 40 pc to surpass $1.54 billion in April-Feb
- On 20 march 2025, It was reported that, India’s coffee exports have recorded a robust 40 per cent rise during April-Feb in the current financial year to surpass the $1.54 billion mark compared with the corresponding figure of $1.10 billion for the same period of the previous year, according to data compiled by the Ministry of Commerce.
- In Rupee terms, the exports increased 43.37 per cent to Rs 13004.75 crore during April-Feb 2024-25 from Rs 9,070 crore in the same 11-month period last
- Karnataka leads in production, contributing 248,020 MT in 2022-23, followed by Kerala and Tamil Nadu (NSE:TNNP).
Click here to find 862 similar incidents of Bharat Economic Growth -> Increasing Exports
2447. NPCI partners HitPay to enable UPI payments at 12,000-plus merchants in Singapore
- On 20 march 2025 UPI is set to expand its reach worldwide as nearly 12,000 merchants in Singapore are preparing to accept payments through the platform .
- The Development follows an announcement by NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI).
- The collaboration intends to offer a better payment experience for Indian tourists visiting Singapore as over 1.2 million Indians visited the country in 2024. Through this partnership, Indian tourists will be able to use QR codes to make payments at various locations, including tourist spots, restaurants and retail stores..
Click here to find 173 similar incidents of Bharat Economic Growth -> Digital Economy
2448. Cabinet approves revised ₹2,790 crore dairy development scheme to boost infrastructure
- On 19 March, 2025, The Union Cabinet approved the Revised National Programme for Dairy Development (NPDD), aimed at modernizing India’s dairy sector and ensuring its long-term growth.
- The scheme, classified as a Central Sector initiative, has been allocated an additional ₹1,000 crore, taking the total budget outlay to ₹2,790 crore for the duration of the 15th Finance Commission period from 2021-22 to 2025-26.
- Since its inception, the NPDD has had a considerable socio-economic impact. The scheme has benefited over 18.74 lakh farmers and generated more than 30,000 direct and indirect employment opportunities. It has increased milk procurement capacity by an additional 100.95 lakh litres per day.
2449. Cabinet approves Rs 7,000 crore deal for Indigenous ATAGS acquisition
- On 20 march 2025 Cabinet Committee on Security (CCS) has approved the acquisition of 307 advanced towed artillery gun systems (ATAGS) for the Indian Army.
- "In a significant milestone for India's defence sector, the CCS approved acquisition of Advanced Towed Artillery Gun System (ATAGS) worth nearly Rs 7000 crore, marking a major step towards self-reliance in artillery gun manufacturing,
- ATAGS, the first indigenously designed, developed, and manufactured 155 mm artillery gun, is set to enhance the operational capabilities of the Indian Armed Forces with its cutting-edge technology and superior firepower.
- The ATAGS is an advanced towed artillery gun system featuring a long 52-calibre barrel, allowing for extended firing ranges of up to 40 km.
2450. India-made electrolysers shipped for Kandla Port's green hydrogen plant
- Union Minister Of India initiated the dispatch of India-made electrolysers for a green hydrogen plant at Kandla Port on 18 March,2025, According to ANI, the 1 MW plant, slated for completion by July 2025, will initially produce 18 kg of green hydrogen per hour, eventually scaling up to a 10 MW capacity.
- The project aims to provide practical experience in green hydrogen production and usage, with Kandla Port becoming the first in India to operate such a plant using domestically produced electrolysers.
- The project also includes plans to integrate green ammonia production. This initiative aligns with the National Green Hydrogen Mission, promoting sustainable practices in the maritime sector.