Infrastructure Development Current Affairs - 2020

Karnataka to build Industrial Corridor between Bidar and Mysuru

On August 17, 2020, the Karnataka Deputy Chief Minister C N Ashwanthnarayan announced that the State Government is to build an industrial corridor between Mysuru and Bidar. This is being done to augment the development of commerce and industry in the state. Highlights The projects will help Karnataka achieve its target of 35 lakh crore Read More…

MOSPI report: More than 403 Infrastructure Projects hit

The Ministry of Statistics and Programme Implementation recently released a report on infrastructure projects in the country. According to the report, more than 403 infrastructure projects each of worth Rs 150 crores have been hit badly. Highlights The Ministry of Statistics and Programme Implementation monitors infrastructure projects that are worth more than Rs 150 crores Read More…

Rationalization of Coal Linkage Scheme

The Government of India is to rationalize the coal linkages in the country. This is to be done in order to reduce the load on transportation infrastructure and also to ease evacuation constraints. Highlights The Government of India has rationalized the coal linkages in order to reduce the distances of coal transportation. Unlike the previous Read More…

Electric Vehicle Sale increases by 20% in 2020-21

The Society of Manufacturers of Electric Vehicles (SMEV) has released its data on Electric Vehicles sales. According to its report, the sales of Electric Vehicles have increased by 20% in the Fiscal Year 2019-20. Highlights The sale of electric vehicles in 2018-19 included 3,600 cars, 126,000 two wheelers and 400 buses. The sale of electric Read More…

Three Schemes launched to boost Electronic Manufacturing Sector

The Government of India has launched three incentive schemes to boost electronics manufacturing in the country. The scheme will provide incentives of 4% to 6% when a company shows increased sales on electronic products. Highlights The incentives offered under the scheme are of worth Rs 48,000 crores. The companies shall claim the incentives from August Read More…