Category: News Analysis

The rejoining of the EPF exited members indicated that workers were returning to their jobs as India recorded a decline in active Covid-19 cases. In October, there was a steep rise in EPF members, showing that the job market began to pick up. The provisional payroll data of EPFO released on 20th December 2020 reveals that EPFO has added over 1.15 million net subscribers in October 2020. Despite the pandemic-induced lockdown, EPFO has added over 3.93 million subscribers already during the current financial year. The number comprises members who have joined during the month and whose contribution has been received by EPFO for the wage month. By year-on-year comparison, October 2020 registered 56% growth in terms of net payroll. The net subscriber growth in October 2019 was 7.39 la...

The funding will support the State's objectives of improving the contribution of tourism to the local economy and support the development of integrated tourism infrastructure plans. It is expected that after 2030, the revenue surplus generated would be adequate to finance future capital investment and also take the burden of debt service ratio of the capital already invested. The Asian Development Bank (ADB) and the Government of India have signed a $4.21 million project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in the northeastern state of Tripura. This is ADB's first PRF facility for a state in the northeastern region of India, The signatories to the PRF for Tripura U...

The Railway may not require Central budget support once the National Rail Plan is implemented. Indian Railways has come up with a Draft National Rail Plan to address the inadequacies of capacity constraints and improve its modal share in the total freight ecosystem of India. The National Rail Plan is a long term strategic plan. which aims at infrastructural capacity enhancement along with strategies to increase the modal share of the railways. The Plan will be a common platform for future infrastructural. business and financial planning of the Railways. The Railways aims to finalize the plan soon. The Plan has many objectives. The most important is to create capacity ahead of demand by 2030, which in turn would cater to growth in demand right up to 2050 and also increase the modal s...

Neither any of the British MPs nor any world leader has anything to do with India’s laws. British MPs have nothing to do with India’s internal matter. India has a democratically elected government in place. It functions according to the interest of the people and the country. It knows what people require time-to-time and what law to be made according to the change of time. Let the British MPs mind their own business.  Before writing a letter to the British Foreign Secretary to show their protest against India’s three Farm Bills, they should have looked at India’s Financial Criminal Extradition Treaty with Britain that brings them billions of looted money from India to make them rich. In 28 years none, but one runaway Indian rich man could be brought back to India for any fina...

The government has taken many new initiatives to improve the functioning of the CIC and to ensure prompt disposal of RTI appeals. Now an India citizen can file an RTI application online anytime from any part of the world. J&K also has come under the CIC purview.  Yashvardhan Kumar Sinha, 62, has been appointed Chief Information Commissioner of India. Son of late Lieutenant General S K Sinha, former Governor of Jammu & Kashmir and Assam and former Vice Chief of the Army Staff, Yashvardhan Sinha was High Commissioner of India to the United Kingdom, before being appointed CIC. In his half an hour meeting with Union Minister of State Dr Jitendra Singh, CIC gave a brief about the progressively improving disposal rate of the RTI applications. In June, in spite of COVID pandemic, t...

China lost Rs 40, 000 Cr in Indian festive businesses CAIT’s admirable action by calling for a boycott of over 3000 Chinese products led to a loss of Rs 40,000 crore businesses to China in the festive season. This is an opportunity for Indian manufacturers to consolidate their position. Confederation of All India Traders (CAIT), an apex body of India’s trading community with wings all over the country, called for boycotting 450 categories of products made in China, after China’s betrayal on the Indian border. The 450 categories cover over 3000 Chinese products. CAIT stepped up its campaign aggressively to boycott the Chinese goods. On 15th June 2020, China killed 20 brave Indian soldiers in Galwan valley. The entire country was furious against China, compelling every Indian citizen ...

The system will protect the passenger compartments from fire  India’s Defence Research and Development Organisation (DRDO) has developed a fire detection and suppression system (FDSS) for passenger buses. The system was demonstrated on water mist-based FDSS for the passenger compartment and aerosol-based FDSS for engine fire in the presence of Defence Minister, Rajnath Singh and Minister for Road Transport and Highways, Nitin Gadkari.  DRDO's Centre for Fire Explosive and Environment Safety (CFEES) has developed the technology, which can detect the fire in the passenger compartment in less than 30 seconds and then suppresses it in 60 seconds thereby reducing the risk to life and property to a significant extent. The FDSS for passenger compartment comprises a water tank of ...