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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102669) | |
2451. Future wars will be tech-driven, India must stay ahead
- On 1 march 2025 the youth to inculcate scientific temper and excel in frontier technologies by leveraging the internationally-competitive infrastructure being developed in the country due to the government initiatives.
- Union Defence minister said made these remarks while inaugurating Vigyan Vaibhav, a two-day science and technology extravaganza organised in Hyderabad as part of National Science Day celebrations
- The tank War is shifting from hardware to software. With breakthroughs in AI, Quantum Computing, Machine Learning and Clean-tech on the horizon, India must lead in transformative technologies to stay strong in adverse situations
2452. BRO to Build World’s Highest Motorable Road in Eastern Ladakh
- On March 19, 2025, the Border Roads Organisation (BRO) initiated the construction of the Likaru-Mig La-Fukche road in Eastern Ladakh, which will become the world’s highest motorable road at 19,400 feet upon completion.
- Key Details of the Project: The Likaru-Mig La-Fukche road is 64 km long and will enhance access to the Line of Actual Control (LAC). Once completed, it will break the record currently held by Umling La Road (19,024 feet). The project has a budget of ₹520 crore and will improve logistics for the armed forces.
- This will facilitate military movement in the sensitive Demchok sector, boost the socio-economic development of nearby villages, and strengthen border security amid ongoing tensions with China.
2453. J&KNHIDCL Revolutionizing J&K’s Transformative Infrastructure landscape
- On March 19, 2025, the National Highways and Infrastructure Development Corporation Limited (NHIDCL) announced road and tunnel projects worth ₹20,500 crore aimed at transforming Jammu & Kashmir's connectivity, economy, and defence infrastructure.
- Key Infrastructure Developments: 7 Tunnels Under NHIDCL: 4 under construction 3 in DPR stage Sonamarg Tunnel (Z-Morh Tunnel): ₹2,378.76 crore – Completed Zoji-La Tunnel: ₹6,808.69 crore – Under Construction Chenani-Sudhmahadev-Khellani-Kishtwar-Vailoo-Khanabal (NH-244) – Key Project
- Strategic Significance of Tunnels & Highways: Sudhmahadev-Dranga Tunnels (₹3,876 crore) and Singhpora-Vailoo Tunnel (₹5,025 crore) on NH-244 provide a safer alternative to NH-44, improving strategic military movement. These tunnels reduce distances and ensure all-weather connectivity, strengthening India’s defence preparedness. PMDP (Prime Minister’s Development Package) funds these tunnels to enhance border security, logistics, and disaster response.
- Technological & Economic Impact: Use of New Austrian Tunnel Method (NATM) ensures structural stability and operational safety. The Akhnoor-Poonch road and Delhi-Amritsar-Katra Expressway (₹11,090 crore) will enhance trade and travel efficiency. Investment of ₹10,192 crore in BRO & PWD projects strengthens regional accessibility.
2454. Centre to invest Rs 3 lakh crore to build US-standard highways in Assam
- On March 19, 2025, Union Minister for Road Transport and Highways, announced in the Rajya Sabha that the Centre will invest ₹3 lakh crore to develop world-class highways in Assam, meeting US standards.
- Key Road Projects in Assam: Guwahati Ring Road: ₹5,800 crore project, expected completion by December 2027. Brahmaputra River Tunnel (Dibrugarh): Estimated cost of ₹12,000 crore, currently awaiting approval. Elevated Highway Over Kaziranga National Park: Will commence after Cabinet approval, with no funding constraints.
- Key Benefits & Government Commitment: Projects will enhance connectivity, generate employment, and boost economic growth in the Northeast. Gadkari assured that his ministry has no shortage of funds for road development in Assam. Stressed PM Modi’s priority for infrastructure development in the Northeast.
- With this investment, Assam is set for a major infrastructure transformation, reinforcing its role as a key economic hub in the Northeast.
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2455. Fitch Retains India's FY26 GDP Growth Forecast At 6.5%
- On 19 march,2025, It was reported that, Fitch Ratings has maintained India's gross domestic product (GDP) growth forecast for FY26 at 6.5 per cent while revising its FY27 projection upward by 10 basis points to 6.3 per cent, according to its March Global Economic Outlook report.
- India's Economic Survey has projected GDP growth in the range of 6.3–6.8 per cent for FY26. Official estimates peg GDP growth for the ongoing financial year at 6.5 per cent. Growth had slowed to 5.4 per cent in the July–September 2024 quarter before recovering to 6.2 per cent in the following quarter.
- Ratings revised its forecast for India’s economic growth in the next financial year to 6.5 per cent, up from 6.3 per cent this year, citing higher government capital expenditure and a boost to consumption from tax cuts and interest rate reductions.
Click here to find 1469 similar incidents of Bharat Economic Growth -> Bharat Economic Growth
2456. India-Made World's First Operational EV For Tactical Defence
- On 19 march 2025 Bengaluru-based EV startup Pravaig's all-terrain stealth vehicle, Veer -- the world's first operational EV designed for tactical defense use -- has undergone military trials and won the prestigious iDEX award from the Ministry of Defence.
- In a major step towards strategic autonomy, Pravaig has won the prestigious iDEX Award for its VEER Electric Tactical All-Terrain Vehicle (E-TATV) -- a cutting-edge, highly stealthy vehicle designed for forward patrolling, reconnaissance, and ISR operations," Pravaig Dynamics.
- Atima Corporation, a wholly-owned subsidiary of Pravaig, won the iDEX Award by the Defence Innovation Organisation (DIO), under the aegis of the Department of Defence Production in the Ministry of Defence,
2457. India’s agricultural and processed food exports see strong growth in FY2024
- On 19 march,2025, It was reported that, India’s exports of agricultural and processed food products have experienced a significant 13 percent increase, reaching $22.67 billion during the April-February period of the current financial year.
- India’s tea exports have also hit a 10-year high, reaching 255 million kilograms in 2024, despite facing challenges from global geopolitical tensions.
- India’s major tea export markets include the UAE, Iraq, Iran, Russia, the US, and the UK, and the increase in both export volumes and average prices bodes well for the country’s position as a global leader in tea production and export.
Click here to find 862 similar incidents of Bharat Economic Growth -> Increasing Exports
2458. Govt clears ₹1,500 cr scheme to boost low-value BHIM-UPI transactions
- On 19 March,2025, The Union Cabinet, chaired by Prime Minister of India , approved an incentive scheme for the promotion of low-value BHIM-UPI transactions (person to merchant - P2M) for financial year 2024-25, with an estimated outlay of ₹1,500 crore.
- Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants. The government aims to increase digital payments penetration while minimising financial burden on merchants and consumers.
- The incentives are disbursed to acquiring banks, which further distribute them among other stakeholders, including issuer banks, payment service providers, and app providers.
Click here to find 29 similar incidents of Government Initiatives for Business -> Business
2459. Copeland Strengthens India Commitment, Inaugurates New Engineering and Technology Center in Pune
- On 19 Febrary,2025 Copeland, a global provider of sustainable climate solutions, inaugurated a new state-of-the-art Engineering and Technology Center in Pune, Maharashtra, as part of its broader ₹500 crore India investment plan.
- The new facility spans over 15,000 square meters and is the hub for over 320 engineers specializing in engineering, research and development, as well as software and firmware development.
- As global demand for sustainable solutions continues to rise, this new Engineering and Technology Center will focus on advancing energy-efficient and low-GWP and natural refrigerant technologies for global deployments across the HVAC and Refrigeration industry."
2460. 71 EV Startups That Are Helping Keep The Earth Healthy And Clean
- On 1 march 2025 EV startups are driving innovation in sustainable mobility, addressing challenges in charging infrastructure, battery technology, and affordability.
- In September 2024, the Union Cabinet launched the PM E-DRIVE Scheme with an INR 10,900 Cr budget for two years to boost electric mobility.
- India is also eyeing to slash import duties on premium EVs (priced above $35000) from 110% to 15%, but only for automakers meeting certain conditions