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“This is not just increasing internet speed but also the pace of development and creating jobs,” PMM Modi said, adding the 5G technology will bring positive change in governance of the country, ease of living and ease of doing business. India currently has 3G and 4G telecom networks and companies are gearing up to launch … Continue reading India aims to roll out 6G telecom network by end of decade: PM

Emphasising that higher competition had led to lower tariffs in the telecom sector, Prime Minister Narendra Modi on Tuesday called for greater regulatory ease for the aggressive expansion of mobile services and spoke about the immediate rollout of 5G and thereafter 6G by the end of this decade to add almost half a trillion dollars … Continue reading Competition in telecom sector has brought tariffs down: PM

PM Narendra Modi on Wednesday flagged the issue of high fuel prices in some opposition-ruled states and urged these states to cut tax on petrol and diesel so as to provide relief to consumers. “I request states to reduce VAT on fuel prices in the spirit of cooperative federalism,” the PM said during the concluding … Continue reading PM targets states with high fuel prices, urges them to cut tax

Prime Minister Narendra Modi said India achieving its export target of $400 billion this fiscal shows that the demand for its items is increasing all over the world, and asserted that when every Indian gets ‘vocal for local’, it does not take much time for the “local to become global”.

The government’s ‘Ujala’ LED bulb scheme has saved Rs 20,000 crore in power bills of the middle-class and poor households so far, prime minister Narendra Modi said on Friday, stressing the need for sustainable energy to fuel sustainable growth.

Prime Minister Narendra Modi on Monday called upon the private sector to piggyback the Centre’s capital spending plan to spur economic activity and contribute to the country’s development, besides calling upon government departments to start rolling out budget announcements from April.

Prime Minister Narendra Modi will address the online Davos Agenda summit of the World Economic Forum on the first day of the five-day event beginning January 17, joining a host of other global leaders who will share their visions for 2022 on the state of the world.

Tesla wants to begin selling imported cars in India this year but says taxes in the country are among the highest in the world. Its request for tax cuts – first reported by Reuters in July – prompted objections from several local players, who say such a move would deter investment in domestic manufacturing.

In April last year, the ministry of finance had put on hold an increment in dearness allowance (DA) till June 30, 2021, due to the Covid-19 pandemic. In July this year, the government hiked DA and DR to 28 per cent from July 1, 2021, which benefited more than 48 lakh central government employees, and … Continue reading Pensioners body seeks PM intervention in release of DA, DR arrears

PM Modi said on Sunday the government will develop an e-commerce platform for the products made by women self-help groups (SHGs) in villages. Addressing the nation from the ramparts of the Red Fort on the occasion of 75th Independence Day, Modi said the government has also awakened the aspirations of those districts which were believed … Continue reading Govt will develop e-commerce platform for products made by women SHGs in villages: PM

PM Narendra Modi said the government has announced a production linked incentive scheme to further the flagship ‘Make in India’ mission. The Ministry of Electronics and IT has cleared 16 proposals from domestic and international companies entailing investment of Rs 148 billion under the production linked incentive (PLI) for global majors as well as domestic … Continue reading Shifting from imports, India now exporting mobile phones worth $3 bn: PM

Setting the tone for rapid energy transition in his Independence Day speech, PM Modi set a 2047 deadline for becoming self-reliant in energy through a mix of electric mobility, 20% ethanol-blending of petrol and expanding city gas networks to raise the share of less-polluting natural gas in India’s energy basket.

In a rare outburst, “highly agitated” Indian Revenue Service (IRS) officers dealing with customs and indirect taxes have written to Prime Minister Narendra Modi, denouncing extensions and reappointment to members of the Central Board of Indirect Taxes and Customs (CBIC), arguing that this promotes “vested interests and lobbying” that is “detrimental to professional conduct and … Continue reading In letter to PM, IRS officers blast extensions to brass

Prime Minister Narendra Modi said on Friday that PLI schemes, aimed at boosting domestic manufacturing and exports under the ‘Make in India’ and Atmanirbhar Bharat programme, are expected to increase India’s manufacturing output by over half a trillion dollars over the next five years across sectors such as electronics, pharmaceuticals, automobiles and parts and component … Continue reading PLI schemes to up India’s mfg output by $520bn: PM

Prime Minister Narendra Modi on Saturday exhorted toy manufacturers to use less plastic and more eco-friendly and recyclable material in a bid to increase the share of the domestic industry in the global market. Inaugurating the first India Toy Fair, the Prime Minister said, “We have to become Aatmanirbhar in the toy sector and also … Continue reading PM asks toy makers to use more eco-friendly material

Prime Minister Narendra Modi on Friday encouraged the public sector to participate effectively in banking and insurance. Speaking virtually on aspects relating to financial services in this year’s budget, Modi said that the government is committed to strengthening the banking sector. For this, the Centre will continue with its reforms process.

Prime Minister Narendra Modi on Saturday said that the Centre and states need to work closely in collaboration to boost economic growth of the country. Addressing the sixth meeting of the Niti Aayog governing council, PM said that the initiatives taken by the government would provide opportunity to everyone to participate in nation building to … Continue reading Centre, states should work closely to boost growth: PM

On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday said the middle-class would not have been burdened if the previous governments had focussed on reducing India’s energy import dependence.

Ahead of the Union budget, PM Modi on Thursday signalled a major push to infrastructure, manufacturing, mobility, technology and urbanisation and urged global investors to take advantage of the opportunities available in a “vibrant democracy with a business-friendly environment and a huge market”. The NDA government will unveil the country’s annual budget on February 1.