Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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Government of India slashes import duty on key components used in the production of mobile phones. The import duty has been reduced from 15 per cent to 10 per cent. #MakeinIndia #Policy
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Warship building company GRSE and Rolls-Royce signed a Frame and Individual License Agreement to co-operate in the license production and localisation of the MTU IMO Tier II compliant Series 4000 Marine Engines for governmental ships.

#MakeinIndia
https://t.co/kKbk8lUrth
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Critical components maker for global OEMs in energy and aerospace industries, Azad Engineering, will manufacture and supply complex components for #defence aircraft engines to Rolls-Royce.

#MakeinIndia #Aviation
https://t.co/18djs48DsE
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Finance Minister Nirmala Sitaraman holding the INTERIM UNION BUDGET 2024 #Economy #Policy
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GST has enabled one nation, one market, one tax ~ Finance Minister #Policy
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In the last 10 years, the government has assisted 25 crore people to come out of multidimensional poverty.

#Policy
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Poor,Women,Youth AND Farmers are our four major priorities #Policy
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Higher learning institutions build in last 10 Years

7 IITs
16 IIITs
7 IIMs
15 AIMS
390 Universities have been set up

#Education #Infra
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For further growth of agriculture sector,The government to further promote public & private investment in post-harvest activities.

#Agriculture
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PM Awas Yojana Rural close to achieving the target of 3 crore houses. 2 crore more houses will be taken up in the next 5 years to meet the requirement arising from increase in the number of families.

#Infra
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The health cover under the Ayushman Bharat scheme will be extended to all ASHA and Anganwadi workers and helpers ~ Finance Minister

#Health
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"The government plans to set up more medical colleges by utilising the existing hospital infrastructure under various departments.A committee for this purpose will be set up to examine the issues and make relevant recomendations."

Says Finance Minister Nirmala Sitharaman #Health #Education
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On the Capex front, the outlay for next year increased by 11.1% to Rs 11.11 Lakh Crore

FY25 CAPEX outlay at 3.4% of GDP

#Policy #Infrastructure
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"For our tech-savvy youth, this will be a golden era. A corpus of Rs 1 lakh crore will be established with 50-year interest-free loan provided. It will be for long-term financing or re-financing with low or nil interest rates."

Says Finance Minister #Policy
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A new scheme will be launched for strengthening deep-tech technologies for defence purposes and expediting self-reliance, says FM Sitharaman

#Defense #MakeinIndia
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A strategy will be formulated to achieve Atmanirbharta for oilseeds like sesame, sunflower, mustard, and others, "comprehensive program to support dairy farmers will be formulated."

#Agriculture #Policy
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To address fervour for domestic tourism, projects for port connectivity, tourism infra & amenities will be taken on our islands including Lakshadweep,"

says FM Sitharaman

#Tourism
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Coal gasification and liquefaction with a capacity of 100 MT will be setup by 2030

#Energy
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Using solar energy 1 crore households will be enabled to enjoy 300 units free electricity every month, says FM Sitharaman

#GreenEnergy
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40,000 Railway Bogies will be converted to Vande Bharat standards #Railways
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