🛣 DPIIT has sanctioned and released funds amounting to Rs. 9,899.89 crore for the Industrial Corridor Project, which has been utilized to the extent of Rs. 9,816.98 crore.

Following 11 industrial corridors are being developed by Government of India in a phased manner:-

⚡ Delhi Mumbai Industrial Corridor (DMIC)

⚡ Chennai Bengaluru Industrial Corridor (CBIC)

⚡ Amritsar Kolkata Industrial Corridor (AKIC)

⚡ East Coast Industrial Corridor (ECIC) with Vizag Chennai Industrial Corridor (VCIC)

⚡ Bengaluru Mumbai Industrial Corridor (BMIC)

⚡ Extension of CBIC to Kochi via Coimbatore

⚡ Hyderabad Nagpur Industrial Corridor (HNIC)

⚡ Hyderabad Warangal Industrial Corridor (HWIC)

⚡ Hyderabad Bengaluru Industrial Corridor (HBIC)

⚡ Odisha Economic Corridor (OEC)

⚡ Delhi Nagpur Industrial Corridor (DNIC)

#Infra #Roads

Source-PIB 🔗

India wins 4-3 against Malaysia in the final of Asian Championship 2023

#Sports #Hockey

🌍 The World Bank is reportedly considering the option of local currency lending in countries like India.

This move aims to help borrowers save on costs.

#India #Economy

https://swarajyamag.com/business/world-bank-mulling-local-currency-lending-for-india-says-official

🙉 🎵 Chimps Like Listening to Music with a Different Beat, Research Finds

Nonhuman primates preferred 🌍 African, 🇮🇳Indian tunes over strong beats typical of 🌎Western Music 🎶

“Although Western music, such as pop, blues and classical, sound different to the casual listener, they all follow the same musical and acoustic patterns. Therefore, by testing only different Western music, previous research has essentially replicated itself,” the authors wrote.

When 🌍African and 🇮🇳 Indian music was played near their large outdoor enclosures, the chimps spent significantly more time in areas where they could best hear the music.

When 🇯🇵Japanese music was played, they were more likely to be found in spots where it was more difficult or impossible to hear the music.

The African and Indian music in the experiment had extreme ratios of strong to weak beats, whereas the Japanese music had regular strong beats, which is also typical of Western music.

#India

https://www.apa.org/news/press/releases/2014/06/chimps-music

💥Chinese Under attack in Balochistan.

🇨🇳 Convoy of Chinese engineers attacked in Pakistan's Balochistan, gunfight on

👉 A group of armed rebels attacked a convoy of Chinese engineers in Balochistan province and an intense gunfight is underway.

#IndianSubcontinent #Geopolitics

Source 🔗

India’s Sahasra Semiconductor to start chip production from September.

It will start production before Micron.

#India #Manufacturing

https://www.financialexpress.com/industry/indias-sahasra-semiconductor-to-start-chip-production-from-september/3209581/

⚡ India plans own certification for digital public infra, goods.

🇮🇳 India is working with multilateral forums, including the UN and the G20, to create collaborations that would certify, register, test and benchmark Indian digital public infrastructure (DPIs) and public goods (DPGs), two people with direct knowledge of the matter said.

#India #Economy

Source 🔗

🇰🇷 Samsung to get up to ₹600 cr as phone manufacturing PLI.

#Manufacturing

Source 🔗

🇮🇳 Tata to enter Semiconductor Race.

⚡ Tata Projects to focus on building chip factories.

💻 Tata Projects is in the final stages of starting on a large “state-of-the-art semiconductor manufacturing project" that shall involve the latest construction technologies including prefab/pre-engineered/modular construction.

#Economy #Manufacturing

Source 🔗

🇮🇳 Government exploring crash test norms for trucks.

👉 Presently India does not have a crash test norm for trucks and buses despite the market churning out nearly 1 million a year commercial vehicles (CV).

🚚 India's CV market is the third largest in the world, suggest estimates, and is set to grow at a CAGR of 9% till 2028.

#India #Infra #Reforms

Source 🔗

Indian Men's Hockey Team jumps to third spot in the latest FIH rankings after winning the Asian Champions Trophy for the record fourth time.

With this victory, India became the most successful team in the Asian Champions Trophy, leaving behind three-time champions Pakistan.

#Sports #India

▶ After pulling out from Semiconductor deal 🤝 with Vedanta, Foxconn is again making news.

🇹🇼 Foxconn Technology looks at India as its third global electric vehicle hub.

⚡Plans to corner 5% of EV sales worldwide by 2025

#India #Economy

Source 🔗

🏫 A new committee has been formed by NCERT to update textbooks for Class 3 to Class 12 in accordance with the new curriculum.

▶ The committee includes Sudha Murty, Chairman of Infosys Foundation, Shankar Mahadevan, renowned musician, Sanjeev Sanyal, economist, Bibek Debroy, and 15 other members.

#Education #Reforms #India

Source 🔗

#Meme of the day #CH3 #ISRO 🛰️

💸 FDI in information and broadcasting sector surges 231% to Rs 3,745 crore in FY23

#Economy

Source 🔗

💰 Remittances to India grew 26% to $112.5 billion in FY23
Remittances to India were $89.1 billion in FY22.

🇮🇳 India continues to be the top recipient of remittances globally for the last several years.

🗺 USA was the top source with a share of 23.4% in total remittances. It was followed by UAE with 18%, UK (6.8%), Singapore (5.7%) and Saudi Arabia (5.1%).

#India #Economy

Source 🔗

The Open Network for Digital Commerce now has nearly 150,000 merchants on its platform, the head of the government-backed non-profit e-commerce protocol said, underlining its widespread adoption across the country. #DigitalIndia

https://www.livemint.com/companies/people/nearly-150-000-merchants-are-on-ondc-today-ceo-11691945718670.html

The government will come up with 60 quality control orders (QCOs) this year for products such as consumer goods, rubber, paper and light engineering items with an aim to contain imports of sub-standard goods and boost domestic manufacturing #Policy

https://t.co/gJnpPhaGX7