Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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Forwarded from Kartavya ๐Ÿ‡ฎ๐Ÿ‡ณ (Pratishodh ๐Ÿ‡ฎ๐Ÿ‡ณ)
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FIRE AT MINISTRY OF EDUCATION ๐Ÿšจ๐Ÿšจ

Efforts underway to douse the fire on the second floor of the Ministry of Education office, Vikas Marg

Further details awaited.


IYKYK

@kartavya_in
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https://ccagentorg.github.io/cbse-osm-osint/index.html

Great website built by Gen Z Devs. Its a timeline explainer of the largest scam in India's #Education history.
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AM/NS India's Vizag ITI cluster has become the first-ever Strategic Investment Plan approved under PM-SETU (a scheme to transform government ITIs from neglected infrastructure into industry-managed, outcome-oriented institutions)

Andhra Pradesh becomes the first state to onboard an Anchor Industry Partner, with AM/NS India and academic partner Namtech driving the hub-and-spoke model that PM-SETU envisions nationally.

Notably AM/NS India is simultaneously executing two of India's biggest greenfield steel investments. โ‚น1.36 lakh crore integrated plant at Anakapalli, Andhra Pradesh, with 8.2 MTPA in Phase 1 already under construction and first commissioning targeted by early 2029, and a second major plant in Kendrapara, Odisha.

Great to see a company building industrial capacity at this scale across two states, and simultaneously investing in the skilling pipeline to man it. #Jobs #MakeInIndia
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Japan's steel giants are All-In on India manufacturing. ๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿญ๐Ÿ‡ฎ๐Ÿ‡ณ

The Japanese steel manufacturers are commiting to โ‚น100K+ Cr investments via Indian JVs for steel industry transformation.

The deal flow in world's fastest growing steel market:
โ€ข JFE-JSW Odisha: $1.7B (4.5MTPA, FY2027).
โ€ข JFE Electrical: $663M (3.5L TPA, FY2027).
โ€ข AM/NS Gujarat: โ‚น60,000 Cr (2M MT AHSS).

Growth drivers:
โ€ข Auto steel: 7.8M MT/yr, +7% annually
โ€ข FY26 production: 168M MT (+10% YoY)
โ€ข 2030 target: 300M MT (nearly 2x)
โ€ข Specialty steel: 42M MT by FY2027.

Competitive moat:
โ€ข Japanese tech + Indian scale
โ€ข High-margin specialty, not commodity
โ€ข PLI incentives: 4-15% over 5 years

This is transition from volume โ†’ value chain leadership.

Opportunities:
โ€ข Import substitution: โ‚น2.5L Cr savings.
โ€ข Tech transfer = quality + productivity.
โ€ข Green steel = CBAM compliance for EU.
โ€ข Policy tailwinds: PLI + National targets.
#MakeInIndia
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โœˆ๏ธ๐Ÿ‡ฎ๐Ÿ‡ณ Salil Gupte, President of Boeing India and South Asia reveals that India accounts for 70% of manufacturing source for Boeing.

#MakeInIndia #Aviation
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ด๐Ÿ‡ฒ India-Oman CEPA comes into force today. #Trade #ForeignAffairs #Economy
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ฒ๐Ÿ‡ฒ Myanmar President U Min Aung Hlaing meets PM Modi in Delhi.

Note - for the 1st time, a newly elected President of Myanmar has visited New Delhi before Beijing. #IndianSubcontinent #Geopolitics
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Chairman of Nepal's ruling party Rastriya Swatantra Party Rabi Lamichhane will visit India from 1st June at the invitation of BJP President Nitin Nabin #ForeignAffairs
Chairman of Nepal's Ruling Party, Rastriya Swatantra Party, Rabi Lamichhane in Delhi. Welcomed by BJP's Gen Secy Arun Singh & foreign dept incharge Vijay Chauthai wale. Lamichhane expected to call on PM Modi on Wednesday. #ForeignAffairs
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Supreme Court has refused an urgent hearing of a plea seeking that the 2026 NEET UG exam, which has been rescheduled to June 21, be conducted through the Computer-Based Test (CBT) mode.

#Judiciary
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Nepal's parliament descends into chaos as opposition parties demand PM Balendra Shah retract or prove his claim that Nepal has encroached on Indian territory; MPs say it undermines national interests. #IndianSubcontinent

https://fxtwitter.com/i/status/2061413356683288857
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ฆ๐Ÿ‡บ India, Australia issue joint statement after defence dialogue in Delhi

1. Quad Indo-Pacific Maritime Surveillance Collaboration (IPMSC) initiative, to be implemented initially in the Indian Ocean Region.

2. Joint Maritime Security Collaboration Roadmap and boost undersea domain awareness in Indo-Pacific:

3. Joint Army exercises with new focus on amphibious and littoral operations

4. Indian instructor at Australian Defence College and more Aircraft deployments for Operational familiarity

#Geopolitics #Defense
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Chief Minister Suvendu Adhikari acknowledged that Bengal had received over โ‚น42,000 crore in assistance from the Government of India within three weeks of the formation of his government. #Policy
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Myanmar President Min Aung Hlaing told PM Modi that his country is sensitive to India's concerns over insurgent groups & "would do everything to take action" against them.

#IndianSubcontinent
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ฒ๐Ÿ‡ฒ India - Myanmar Joint Statement

#IndianSubcontinent
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Mumbai-based IdeaForge is exploring UAV-to-UAV aerial deployment (Project ALE) where one drone carries, positions & deploys another drone mid-air.

#Drones #Startups
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ซ๐Ÿ‡ท India issues Letter of Request to France for Rs 3.25 lakh crore 114 Rafale jet deal, 94 jets to be #MakeInIndia. #Defence

Source
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Modi Govt Sanctions 23 Lakh Loans To Street Vendors Under PM SVANidhi Scheme https://t.co/MN6y2dvryT
PM SVANidhi beneficiaries using digital payments reported 2x higher average monthly income growth than non-digital vendors. The scheme sanctioned 94 lakh+ loans worth โ‚น14,000 crore since 2020. Digital transaction-linked cashback and credit history improved access to repeat loans and formal lending. #Economy
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ›ฐ๏ธ Bengaluru-based Bellatrix Aerospace has signed a MoU with South Korea-based TelePIX to develop a Very Low Earth Orbit (VLEO) imaging satellite.

#Space #Startups
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