Finance

Finance Minister chairs 2nd BRICS Finance Ministers and Central Bank Governors Meeting

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman virtually chaired the second meeting of BRICS Finance Ministers and Central Bank Governors (FMCBG) along with Governor Reserve Bank of India, Shri Shaktikanta Das under Indian BRICS Chairship here today. This meeting is scheduled ahead of the BRICS Leaders’ Summit 2021 to discuss and finalise key outcomes of BRICS finance agenda this year. Finance Ministers and Central Bank Governors of Brazil, Russia, China and South Africa were in attendance. […]

General

e-Shram Portal for registration of Unorganized Workers

Registration of Unorganized Workers begins across the Country as Government of India launches the e-Shram Portal.
Portal will help build a comprehensive National Database of Unorganized Workers (NDUW) in the country.
Portal will prove to be a huge boost towards last mile delivery of the welfare schemes for crores of unorganized workers: Shri Bhupender Yadav
Game changer in the history of the country, where more than 38 Crore workers would register themselves under one portal.
Registration is totally free and workers do not have to pay anything. […]

General

3 day Mega Ladakh Tourism begins

The three-day mega tourism event “Ladakh: New Start, New Goals” begins at Leh
Cultural and heritage tourism has enormous potential in Ladakh: Shri Radha Krishna Mathur
Community partnership is very important for places like Ladakh for tourism: Sh G. Kishan Reddy
“A Tourism Vision for Ladakh” document unveiled with focus on overall development of Ladakh Region […]

Technology

SAMRIDH Scheme for MEITY Startups

IT Minister Shri Ashwini Vaishnaw’s vision for startups takes shape of SAMRIDH Scheme;
Start-up Accelerators of MeitY for Product Innovation, Development and growth (SAMRIDH)” programme launched by MeitY today;
300 startups to be provided with mentorship, funding and other necessary support
Investment of up to ₹ 40 lakh is to be provided to the start-up […]

Health Care

Biotech Startups to get Special Incentives

Government to offer Special Incentives to support 75 Start-ups in areas of Telemedicine, Artificial Intelligence and Digital Health to coincide with ‘Azadi ka Amrit Mahotsav’; Dr Jitendra Singh says this will give fillip to R&D in health sector in view of challenges posed by the COVID-19 pandemic […]

Technology

Ni-based super alloy to be used in aero-engine components

Indian Scientists have for the first time repaired aero-engine components through emerging additive manufacturing or 3D printing technique called Directed Energy Deposition process that can significantly reduce repair costs and overhaul time. They indigenously made powders suitable for the additive manufacturing process called the Directed Energy Deposition process.

Ni-based superalloys are widely used in aero-engine components. Despite having exceptional properties, they are prone to damage due to extreme operational conditions. Manufacturing defects during the casting or machining process are another major cause of rejection, and tons of such unused components are scrapped due to minor defects.

A team of scientists from the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI), an autonomous R&D Centre of Department of Science & Technology, Govt. of India, indigenously developed powders suitable for additive manufacturing using inert gas atomizer available at ARCI by melting unused scrap material. Utilising this, ARCI is developing the Laser-DED process for the repair of aero-engine components made of Ni-based superalloy.

Furthermore, the ARCI team developed a technology to refurbish pinion housing assembly (critical component in helicopters used for power transmission to the main fan) by machining out the damaged layer and rebuilding it using laser cladding process followed by final machining. Laser cladding and Laser-DED (both processes) are the same. In general, for two-dimensional deposition (surface coating), the term laser cladding is used, and for the manufacture of three-dimensional parts, the term laser-DED is used. A patent (201911007994) has been filed for the same.

A post-clad heat treatment method was also designed to minimize microstructural inhomogeneity and ensure minimal substrate properties variation. These laser-clad repaired prototypes were found to be free from distortion and exhibited excellent performance. The team has also developed repair and refurbishment technologies for other industrial sectors, such as refurbishing diesel engine cylinder heads made of grey cast iron and refurbishing shafts used in the refinery. This work has been published in the journal ‘Transactions of The Indian Institute of Metals’.

Thus the impact of repair and refurbishment technology developed by ARCI can be best realized in the aerospace sector due to expensive materials, manufacturing costs, and stringent quality checks. […]

General

India stands committed to working with the U.S. on Clean Energy

Minister of Environment, Forest and Climate Change, Shri BhupenderYadav today held a telephonic conversation with U.S. Special Presidential Envoy for Climate (SPEC), Mr. John Kerry today, to discuss Climate Action and Finance Mobilization Dialogue (CAFMD) Track under India-US Climate and Clean Energy Agenda 2030 Partnership, and other related issues […]

World

BRICS National Security Advisers meet

National Security Adviser, Shri Ajit Doval, KC hosted the 11th Meeting of the BRICS High Representatives Responsible for National Security on Afghanistan, Iran, West Asia and the Gulf and emerging threats to national security, such as Cyber Security […]

Agriculture & Commodities

Industry Associations to play a key role in achieving target of $400B merc exports

Shri Piyush Goyal engages with Industry Associations to ensure all avail benefit of great growth opportunities.; says Industry Associations to play a key role in achieving target of $400 billion merchandise exports in 2021-22; India developing a SAFE ecosystem i.e. Sustainable, Agile, Futuristic & Efficient to make India a Global Hub of manufacturing […]

General

54 athletes to represent India at Tokyo Paralympics

54 Paralympics athletes to represent India and begin their journey for the medals at Tokyo Paralympics on 25th August; All 54 athletes are part of Target Olympic Podium Scheme (TOPS) ;This is the biggest-ever contingent India has sent to any Paralympics with 54 atheletes. […]

Agriculture & Commodities

Piyush Goyal Meets Export Community, sets target of $2 Trillion Exports By 2030

Union Commerce & Industry Minister Piyush Goyal Meets Export Community, Discusses Measures To Boost Exports; Minister Exhorts Exporters To Rise To The Ambitious Challenge Of $400 Billion Export Target For 2021-22.And Target $2 Trillion Exports By 2030; Commerce Minister says “We Can Sort Out Ftas Fairly Quickly, If The Areas Where We Have The Ability To Compete Internationally Can Be Identified. We are Working Towards Early Harvest Agreements With Uk And Australia” […]

Agriculture & Commodities

Surplus sugar finds export and ethanol markets

Sugar cane farmers get a big relief as Centre facilitates export of surplus sugar & diversion of sugar to ethanol to ensure timely payment of cane dues; Against the export target of 60 LMT, contracts of about 70 LMT have been signed, More than 60 LMT has been lifted from sugar mills as on 16.8.2021; Record value of sugarcane worth nearly Rs. 91000 crores purchased by sugar mills in 20-21. […]

Technology

Defence India Startup Challenge 5.0 launched

DISC 5.0 is a reflection of Government’s resolve to create a self-reliant defence sector
The challenge to take innovation, design & development to newer heights
iDEX playing a crucial role in building a strong military & ‘AatmaNirbhar’ defence industry
Government support to private sector in building ‘AatmaNirbhar Bharat’ […]

General

DRDO develops Advanced Chaff Technology for IAF

DRDO creates technology to safeguard fighter aircraft from hostile radar threats; Given to the industry for production in large quantities; Indian Air Force begins process of induction following completion of successful user trials; Raksha Mantri terms it another step of DRDO towards ‘AatmaNirbhar Bharat’ […]

Foreign Relations

New Exchange Rates w.e.f. 20th Aug 2021

The Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies into Indian currency with effect from 20th August, 2021 for the purpose of the said section, relating to imported and export goods. […]

Agriculture & Commodities

Cabinet approves implementation of National Mission on Edible Oils – Oil Palm

A new Centrally Sponsored Scheme with a special focus on the North east region and the Andaman and Nicobar Islands; A financial outlay of Rs.11,040 crore out of which Rs.8,844 crore is the share of Government of India; Focus on increasing area and productivity of oilseeds and Oil Palm […]

General

TRIFED adds 75 new tribal products to Tribes India catalogue

On the occasion of India’s 75 years of Independence, 75 new tribal products launched by TRIFED and added to the already extensive, attractive Tribes India catalogue.
TRIFED GI Movement, has also identified 75 products of Tribal origin or source which will be registered for Geographical Indication (GI) Tag under the Geographical Indications of Goods (Registration and Protection) Act, 1999, India.
The Tribal products for GI Tagging have been identified from twenty Indian states.
Out of 75 identified GI Tribal products, 37 such products belong to eight states of North East.
From Tribal heartland states, 7 products from Jharkhand and 6 products from Madhya Pradesh have also been identified for GI Tagging. […]

Foreign Relations

9th OSM Meeting held between India and Nepal

India and Nepal held the 9th meeting of the Oversight Mechanism (OSM) in Kathmandu. The meeting was co-chaired by H. E. Mr. Vinay Mohan Kwatra, Ambassador of India to Nepal and H.E. Mr. Bharat Raj Paudyal, Foreign Secretary, Government of Nepal. […]

Business

Government is committed to Support Startups: Piyush Goyal

Indian startup ecosystem has the potential & promise to make India the Innovation & Invention hub of the world: Shri Piyush Goyal; says that government is committed to cut red tape, improve “Ease of Doing Business” , provide financial assistance through Startup seed fund, supporting incubators, enhancing skills […]

Foreign Relations

Russian President’s speech at the UN Security Council high-level debate Maintenance of international peace & security

The Russian President Vladimir Putin took part in the UN Security Council high-level debate Maintenance of international peace and security: Maritime security held on August 9 via videoconference. The event took place at the initiative of Prime Minister of the Republic of India Narendra Modi. India holds the presidency of the UN Security Council in August 2021. […]

Finance

Know all about e-RUPI, the new digital payment instrument

Shri Narendra Modi on August 2nd launched the digital payment solution e-RUPI, a cashless and contactless instrument for digital payment. Prime Minister said that the eRUPI voucher is going to play a huge role in making Direct Benefit Transfer (DBT) more effective in digital transactions in the country […]

Business

Action Plan to Promote Dairy Industry

Department has launched Animal Husbandry and Infrastructure Development Fund (AHIDF) in 2020 with an outlay of Rs. 15,000 Cr and Dairy Processing Infrastructure Development Fund (DIDF) in 2017 with an outlay of Rs. 11,184 Cr as a part of the Atmanirbhar Bharat package stimulus. […]

Education

Shri Subhas Sarkar addresses the G20 Research Ministers’ Meeting virtually

Shri Subhas Sarkar participated in the G20 Research Ministers’ meeting today. The meeting was hosted in blended mode by Italy. G20 Education Ministers exchanged views on enhancing research collaborations and sharing digital space among G20 Countries for a strong, sustainable, resilient and inclusive recovery. […]