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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102988) | |
2341. Meghalaya: Large Mineral Deposits, Rare Earth Elements Discovered
- On March 30, 2025, the Geological Survey of India (GSI), North Eastern Region, announced the discovery of large mineral deposits in Meghalaya that could significantly boost the state's economic and industrial growth.
- Key Discoveries: Bauxite Deposits: Found in Garo Hills, West Khasi Hills, and East Khasi Hills. Limestone Deposits: High-grade limestone reserves identified in Lithium Valley, East Jaintia Hills. Rare Earth Elements (REE), Germanium, and Lithium: Exploration expedited for REEs in coal sediments of Khasi, Jaintia, and Garo Hills.
- The newly discovered mineral reserves in Meghalaya open doors for economic expansion, industrialization, and technological advancements. The exploration of rare earth elements adds strategic importance, potentially positioning Meghalaya as a crucial player in India’s mineral industry.
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2342. Indian Railways' Freight Revenue Increases To Rs 1.68 Lakh Crore, Passenger Revenue Grows To Rs 70,693 Crore In Four Years
- On 29 March,2025, Indian Railways has reported a surge in revenue generation from both freight and passenger services over the last four years.
- The freight revenue of Indian Railways increased from Rs 1.13 lakh crore in 2019-20 to Rs 1.68 lakh crore in 2023-24, an increase of Rs 54,805 crore.
- According to the minister, non-AC coaches, including general and sleeper classes, account for 82 per cent of the seats (around 51 lakh) and contribute 53 per cent of the revenue.
Click here to find 174 similar incidents of Bharat Economic Growth -> Indian Economy
2343. India sending 15 tonnes of relief material to earthquake-hit Myanmar
- On 29 March,2025, India was sending over 15 tonnes of relief material to earthquake-hit Myanmar, where at least 144 people had died and more than 700 were injured.
- The relief package contains essential supplies, including tents, sleeping bags, blankets, ready-to-eat meals, water purifiers, hygiene kits, solar lamps, generator sets, and critical medicines like paracetamol, antibiotics, syringes, gloves, and bandages, ANI reported citing sources.
- Indian embassy was closely monitoring the situation and said that there were no reports of any Indian getting hurt so far.
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2344. Assam secures JPY 3.58 billion from Japan for aquaculture and livelihood boost
- On 29 March,2025,It was reported that, In a major push to Assam’s fisheries sector, the Government of Japan has extended financial support of JPY 3.58 billion under its Official Development Assistance (ODA) program to boost aquaculture and improve rural livelihoods in the state.
- The Assam State Aquaculture Promotion & Livelihood Improvement Project aims to enhance fish production, strengthen the fisheries supply chain, and empower rural stakeholders
- The initiative will also improve the institutional capacity of Assam’s fisheries department, ensuring long-term sustainability and economic upliftment for fish farmers. This is part of a broader JPY 191.736 billion loan agreement signed between India and Japan, covering six key development projects.
2345. Tejas Networks receives Rs 189 crore as PLI incentive for FY25
- On 29 March,2025, "Tejas Networks Ltd received an amount of Rs 189.1657 crore from the Ministry of Communications, Department of Telecommunications, New Delhi under the Production Linked Incentive (pli) Scheme for Telecom and Networking Products.
- The incentive is a part of the Centre's initiative to promote domestic manufacturing and strengthen India's telecom infrastructure.
- Tejas Networks produces optical and data networking products. It designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities in more than 75 countries.
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2346. India's Largest Solar Cell Manufacturing Gigafactory Inaugurated In Gujarat's Chikhali—What You Need To Know
- On 29 March,2025, India's largest solar cell manufacturing gigafactory facility has been inaugurated in Gujarat's Chikhali.
- The state-of-the-art 5.4 GW solar cell manufacturing facility of Warree Energy was inaugurated by Union Minister of New and Renewable Energy Pralhad Joshi. The facility is spread across 150 acres with a built-up area of 101 acres.
- In 2014, the production of Solar Cells and Wafers did not exist, but today India has 25 GW of cells and 2 GW of Wafers produces. The minister expressed confidence that the production of solar modules will skyrocket and reach 150 GW by 2030.
2347. Redevelopment of 60 Northeast railway stations begins under 'Amrit Bharat'
- On March 29, 2025, the Amrit Bharat Station Scheme (ABSS) has initiated redevelopment work in 60 railway stations across the Northeast region.
- Investment & Budget Allocations: Narengi: Rs 30.95 crore Jagiroad: Rs 31.18 crore Chaparmukh: Rs 31.87 crore Haibargaon: Rs 14.94 crore Total Northeast Frontier Railway (NFR) redevelopment plan: 92 stations
- The Amrit Bharat Station Scheme is bringing major infrastructural upgrades to Northeast railway stations, ensuring modern facilities and an enhanced passenger experience. With significant investments, the project is set to improve connectivity and boost regional development.
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2348. JK Power Department Records Rs 16,974 Crore Revenue in Five Years
- On March 29, 2025, official data revealed that the Jammu and Kashmir Power Development Department (JKPDD) has recorded a nearly 250% increase in revenue over the past five financial years. Total revenue collected: Rs 16,974 crore (since 2019-20).
- Kashmir Power Development Corporation Limited (KPDCL): 176% revenue increase over five years. Jammu Power Development Corporation Limited (JPDCL): 73.58% revenue increase over the same period. Total revenue collected (2019-24): JPDCL: Rs 8,906.31 crore KPDCL: Rs 8,068 crore
- The JKPDD has seen a massive surge in revenue generation, marking significant progress in electricity bill collection and efficiency improvements. However, high AT&C losses remain a major concern, particularly for KPDCL. Continued reforms in power infrastructure and loss reduction measures will be crucial for sustaining this growth.
2349. Cabinet clears Rs 23k-cr scheme for electronic components, targets 92k jobs
- On 28 March,2025, The Union Cabinet cleared a Rs 22,919 crore incentive scheme for manufacturing electronic components, spread over a period of six years. The scheme aims to deepen India’s presence in global value chains, while increasing domestic value addition in the country.
- The government is hoping that at least 91,600 direct jobs will be created as part of the scheme, and has tied participating entities’ yearly subsidies to the number of jobs they create.
- The components incentive scheme is a crucial next step as the PLI scheme for smartphone manufacturing is nearing its sunset. The scheme is expected to generate production of Rs 4.56 lakh crore and bring in incremental investment of Rs 59,350 crore.
2350. Redevelopment of 60 railway stations under Amrit Bharat scheme begin in North East
- On 29 March, 2025. It was reported that, Under the Amrit Bharat Station Scheme, redevelopment works are underway in 60 railway stations across the North East. Of these, 50 railway stations in Assam have been selected.
- In North East, a total of 60 stations are being redeveloped as part of this project. In Assam, 50 stations have been selected, and these are getting redeveloped. CPRO of Northeast Frontier Railway, told ANI that the Amrit Bharat Station Scheme is a scheme for redeveloping stations across India.
- According to the Northeast Frontier Railway, the redevelopment is set to bring significant upgrades, with an estimated investment of Rs 30.95 crore for Narengi, Rs 31.18 crore for Jagiroad, Rs 31.87 crore for Chaparmukh and Rs 14.94 crore for Haibargaon.