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Government signs MoU with 27 steel companies, kickstarting Rs 6,322-crore PLI scheme

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Memorandum of Understanding (MoU) The Ministry of Metal has signed 57 Memorandums of Understanding (MoUs) with 27 firms for specialty metal manufacturing below the Manufacturing Linked Incentive (PLI) Scheme. The federal government has allotted Rs. 6322 crores to spice up the metal sector and generate an funding of about Rs. …

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World Bank commits $1 billion to India for public healthcare infra

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The Centre and the World Financial institution have signed two complementary loans of $500 million every to assist and improve the nation’s well being sector improvement. By means of this mixed financing of $1 billion, the World Financial institution will assist India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), …

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India and Australia sign a framework mechanism for mutual recognition of qualifications

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India and Australia signed a Framework Mechanism for Mutual Recognition of {Qualifications} that can assist ease the mobility of scholars and professionals between the 2 international locations. Whereas the 2 international locations will recognise the levels, skilled registrations of engineering, medication and regulation pass-outs will stay exterior the framework’s ambit. …

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Germany pursue an agreement with India to build 6 submarines for $5.2 billion

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India-Germany Settlement to construct 6 submarines German Chancellor Olaf Scholz’s go to to India on February 25–26 will give attention to advancing a $5.2 billion settlement between Germany and India to collectively assemble six standard submarines in India. The naval mission is a Western navy manufacturing energy’s most up-to-date effort …

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Abu Dhabi defence firm inked MOU with India’s HAL at UAE’s defence expo

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Abu Dhabi defence agency inked MOU with India’s HAL Hindustan Aeronautics (HAL), an aerospace firm in India, and EDGE, the highest defence firm within the UAE, inked a Memorandum of Understanding on the Worldwide Protection Exhibition and Convention (IDEX). The Memorandum of Understanding is signed to look at potential areas …

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Cabinet approves MoUs between ICAI and ICA England & Wales for mutual recognition of qualification, training

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The Union Cupboard, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has accepted the signing of Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) and The Institute of Chartered Accountants in England & Wales (ICAEW). Buy Prime Test Series for all Banking, SSC, Insurance & …

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Smart Cities Mission get June 2023 deadline with 67% completion rate till now

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The deadline for finishing initiatives underneath the Sensible Cities Mission (SCM) was prolonged for all 100 collaborating cities to June 2023 because of the delays brought on by COVID-19 and based mostly on a NITI Aayog suggestion, in line with Housing and City Affairs Ministry. In response to a number of …

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