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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102303) | |
2291. 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.
2292. 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.
2293. Centre approves Rs 3,712 crore Patna-Sasaram 4-lane highway project...... Read more at: https://english.mathrubhumi.com/news/india/union-cabinet-approves-patna-sasaram-highway-project-1.10463071
- On 28, March,2025, The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister approved the construction of a 4-lane access-controlled highway connecting Patna, Arrah, and Sasaram in Bihar. The ₹3,712.40 crore project aims to decongest existing state highways and improve regional connectivity.
- eveloped under the Hybrid Annuity Mode (HAM), the 120-km Patna-Arrah-Sasaram corridor will be a mix of greenfield and brownfield development, with 10.6 km of existing roads upgraded.
- The highway will integrate with National Highways NH-19, NH-319, NH-922, NH-131G, and NH-120, improving connectivity to Aurangabad, Kaimur, and Patna.
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2294. Nitin Gadkari approves ₹1,237.71 crore two-lane highway in Rajasthan
- Union Road Transport and Highways Minister had approved ₹1,237.71 crore, to construction of a two-lane highway in Rajasthan's Jaisalmer and Barmer districts, near the India-Pakistan border,
- 'Strengthening/widening of existing connection of NH-70 and NH-11 (total length 134.86 km) in Jaisalmer and Barmer districts of Rajasthan as well as strengthening and widening of Myajlar-Jaisalmer section of NH-11 and Sundara-Myajlar-Ambasingh Ki Dhani Road portion of the Munabao-Tanot to two-lane.
- 'The proposed alignment will establish connectivity with NH-25 and NH-68, and will also connect with NH-70, thereby further enhancing the regional transport network.
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2295. UPPCL Awards 2,000 MW Solar Projects At Competitive Tariffs, NTPC And Adani Among Top Winners
- UPPCL has successfully completed an auction for 2,000 MW of solar power projects, allowing developers to set up projects anywhere in India. The auction resulted in a highly competitive tariff, with the lowest discovered rate at ₹2.56 per kWh.
- A total of 2 GW capacity was awarded to four companies. NTPC REL secured the largest share, winning 1,000 MW at ₹2.56 per kWh. Adani Renewable Energy Holding Twelve, a subsidiary of Adani Green Energy, won 400 MW at ₹2.57 per kWh. ReNew Solar was allocated 300 MW at ₹2.56 per kWh, while Fastnote Biofuels secured 300 MW at ₹2.57 per kWh. With these bids, the entire 2,000 MW capacity was successfully allotted.
- UPPCL had invited competitive bids for solar and storage projects, allowing developers to benefit from financial incentives such as accelerated depreciation, tax holidays, and reduced duties.
2296. ISRO successfully completes 1000-hr life test of Stationary Plasma Thruster for satellites
- On 28 March,2025, ISRO has announced the successful completion of a 1,000-hour life test on its 300mN (millinewton) Stationary Plasma Thruster that is developed for induction in the Electric Propulsion System of satellites.
- The induction of these thrusters will result in extensive mass savings thereby enabling the enhancement of transponder capacity in communication satellites, it said.
- "The test is a major milestone to demonstrate the reliability and robustness of the thrusters before induction into the satellites. The Electric propulsion System is proposed to be inducted and validated in the upcoming Technology Demonstration Satellite (TDS-01) of ISRO and will be used for orbit raising to the Geostationary orbit," it added.
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2297. Germany’s $1.5 Billion Investment to Boost India’s Chemical Sector: Piyush Goyal
- On 29 March,2025, Commerce and Industry Minister announced that India is set to receive a major foreign direct investment (FDI) boost as a German company from the chemical sector has committed to investing $1.5 billion in the country.
- Germany is currently the ninth-largest investor in India, having injected approximately $15 billion in FDI between April 2000 and December 2024. This latest investment highlights the increasing interest of global firms in India’s manufacturing and industrial sectors.
- Minister called for a more robust arbitration framework to instill confidence among all stakeholders. He stressed the importance of popularising arbitration and mediation, particularly as India expands its manufacturing sector.
2298. Isro achieves milestone in semi-Cryo engine development with key test
- On 29 March,2025, ISRO announced that it made progress in the design and development of a semi-cryogenic engine, or Liquid Oxygen/Kerosene engine, with a high thrust of 2,000 kN.
- The 2,000 kN semi-cryogenic engine that will eventually power the booster stage of the LVM-3 uses liquid oxygen and kerosene as propellants, which are non-toxic and non-hazardous compared to conventional alternatives.
- The upgrade, along with an improved cryogenic stage, will enhance the vehicle's payload capability from 4 tonnes to 5 tonnes in Geostationary Transfer Orbit (GTO). The technology behind this engine is particularly challenging and is currently mastered by only a handful of nations.
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2299. Make In India Scheme Feeds Food Processing Sector's Appetite For Growth, Employment Surges
- India’s food processing industry is experiencing significant growth, spurred by the Make in India scheme. Government figures highlight the sector’s potential for further expansion.
- Data reveals that the gross value added has risen from 1.61 lakh crore in 2015-16 to 1.92 lakh crore in 2022-23. This translates to an average annual growth rate of approximately 5.35% over the past eight years.
- Encouragingly, this growth has created jobs, with employment figures rising from 17.73 lakh in 2014-15 to 20.68 lakh in 2021-22.
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2300. Centre Clears Rs 62,000-Crore Deal To Buy Made-In-India Attack Helicopter
- On 28 March,2025, The Cabinet Committee on Security approved India's biggest-ever deal to procure 156 Light Combat Helicopters (LCH) worth over ₹62,000 crore from HAL for the Indian Army (90) and IAF.
- The helicopters, built in Bengaluru and Tumkur, will enhance operations along the China and Pakistan borders.
- The LCH, known as Prachand, is the only attack helicopter capable of operating at 5,000 meters, making it ideal for high-altitude missions. The deal aligns with India's Make in India and Atmanirbhar Bharat initiatives.