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India, ADB sign $1.2 billion loan agreements for infrastructure projects.

#Infra

The agreements would cover projects for improving the power sector and highways in the northeastern states of Tripura and Assam, metro rail connectivity in the southern city of Chennai, and improvement of key economic areas in the western state of Maharashtra, the statement of Finance Minstry added.

https://theprint.in/business/india-adb-sign-1-2-billion-loan-agreements-for-infrastructure-projects/1296205/
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In an effort to further ease procurement of renewable energy (RE), the government has mandated creation of a central pool of RE sources from which an intermediary company will procure electricity and supply to an entity involved in distribution and retail supply of power to states at uniform tariff.
#Reforms #Economy #Energy #India
https://www.thehindubusinessline.com/companies/govt-to-create-central-pool-for-re-power-with-uniform-tariffs/article66334312.ece
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Report: India to offer small arms and body armor to Japanese military.

#Defence
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Private sector gets a leg up as govt introduces National Geospatial Policy
The National Geospatial Policy, notified by the Department of Science and Technology on Dec 30, spelt out 13 milestones for the country to achieve to have a thriving geospatial industry involving private enterprises

https://www.businesstoday.in/latest/economy/story/private-sector-gets-a-leg-up-as-national-geospatial-policy-gets-introduced-358616-2023-01-02

#India
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"No rhinos poached in Assam in 2022 for 1st time in 45 years
Others "

Officials credited sincere, concerted and coordinated efforts of the state’s forest and police departments for zero poaching in 2022

#Environment
https://t.co/nSaTdQbqbt
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India and France will likely sign a deal of 26 Rafale M for Indian Navy in March when French president Emmanuel Macron will visit India.

#Defence
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US-based drone manufacturer General Atomics has signed an agreement with Indian forging company Bharat Forge(BFL) to manufacture main landing gear components, subassemblies, and assemblies of remotely piloted aircraft. 🇮🇳🤝🇺🇲
#MakeInIndia #Defence #Drones

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J&K received investments worth 1084 crs in the past 3 years #Economy
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Union Cabinet Approves Rs 2,614 Crore Investment For 382 Megawatt Sunni Dam Hydroelectric Project In Himachal #Infra #Water #Energy

https://ift.tt/GVDi8ys
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