Economic Development News - Latest Updates & Headlines
Tools sector presents significant opportunity for India to enhance its export footprint: Niti Aayog report
New Delhi, April 18: Tools manufacturing sector presents a significant opportunity for India to enhance its export footprint, create jobs, and establish itself as a competitive player on the world stage, a joint report by NITI Aayog and the Foundation for Economic Development asserted.
Viksit Maharashtra 2047: State govt sets up committee to chase the mission
Mumbai, April 17: The Maharashtra government, in a serious bid to achieve the ambitious target of Viksit Maharashtra 2047, on Thursday set up a 31 member Advisory Committee headed by the chief minister and the chief secretary led 17 member committee.
Chandrababu Naidu seeks spl assistance from 16th Financial Commission to rebuild Andhra
Amaravati, April 16: Chief Minister N. Chandrababu Naidu has appealed to the 16th Finance Commission to extend special financial assistance to Andhra Pradesh, emphasising that rebuilding the state is crucial not only for its future but also for the nation's progress.
Russia, SCO nations discuss unified standards for sustainable financing
Moscow, April 14: Russia has called for unified standards on sustainable financing among the member states of the Shanghai Cooperation Organisation (SCO), presenting best practices and proposals to support regional investment and enhance the evaluation of environmental, social, managerial, and non-financial risks, TV BRICS reported.
Assam CM holds meeting with Jeet Adani on rolling out Group's Rs 50,000 crore investment plan
Guwahati, April 13: Assam Chief Minister Himanta Biswa Sarma held a meeting with Adani Group Director Jeet Adani on Sunday to move ahead with the conglomerate's Rs 50,000 crore investment plan proposed for the state during the business summit held in Guwahati in February.
PM Modi's vision behind success of Mudra scheme for MSMEs: BJP's Syed Zafar Islam
New Delhi, April 12: On the occasion of the 10th anniversary of the Mudra scheme, BJP national spokesperson and former Rajya Sabha MP Syed Zafar Islam on Saturday hailed the economic vision of Prime Minister Narendra Modi that has transformed "job seekers" into "job givers".
PM Modi to hand over GI certificates for 21 products in Varanasi today
New Delhi, April 11: Prime Minister Narendra Modi will visit his parliamentary constituency Varanasi on Friday, during which he will distribute Geographical Indication (GI) certificates for 21 newly registered products of Uttar Pradesh.
Andhra Investment Promotion Board approves investment worth Rs 31,167cr
Amaravati, April 10: Andhra Pradesh's State Investment Promotion Board on Thursday approved investment proposals to the tune of Rs 31,167 crore.
US 'reciprocal tariffs' deprive Global South countries of right to development: China
Beijing, April 7: The unilateral imposition of "reciprocal tariffs" by the United States effectively deprives countries, particularly those in the Global South, of their right to development, and is certain to face widespread opposition from the international community, a Chinese Foreign Ministry spokesperson said on Monday.
Bodoland to boost economy with Gelephu city and railway project: BTC Chief
Kokrajhar, April 7: Assam's Bodoland region, which comprises five districts--Kokrajhar, Chirang, Baksa, Udalguri, and Tamulpur--and shares its border with Bhutan, is going to become an economic corridor following the project of Bhutan's Gelephu Mindfulness City and proposed Kokrajhar-Gelephu railway project.
Odisha CM Majhi thanks PM Modi after CCEA approve two railway projects for Odisha
Bhubaneswar, April 4: Odisha Chief Minister Mohan Charan Majhi on Friday expressed his gratitude to Prime Minister Narendra Modi after the Cabinet Committee on Economic Affairs (CCEA) of the Central Government today approved two railway projects intended for Odisha.
Use technological advancements to control cybercrime: K'taka CM to police
Bengaluru, April 2: Karnataka Chief Minister Siddaramaiah asked the state police on Wednesday to use technological advancements to control and prevent cybercrime while highlighting that law and order are directly linked to investment and development.
2025-26 state budget is a 'people-oriented budget', says Tripura CM Manik Saha
Agartala, March 29: Tripura Chief Minister Manik Saha on Friday expressed strong support for the state's budget for the financial year 2025-26, calling it a 'people-oriented' budget designed to benefit all sections of society.
Bangladesh secures USD 2.1 bn in investments, loans and grants from China
Dhaka, March 28: Bangladesh has secured a commitment of USD 2.1 billion in Chinese investments, loans, and grants from the Chinese government and its companies during Chief Adviser Muhammad Yunus's "milestone" visit to China.
Chhattisgarh's new industrial policy attracts over Rs 4 lakh crore in proposals: CM Vishnu Deo Sai
Bengaluru, March 26: Chhattisgarh Chief Minister Vishnu Deo Sai on Wednesday attended the Chhattisgarh Investor Connect event in Bengaluru.
Aiming at Rs 22,50,00 per capita income by 2047: MP CM Mohan Yadav
Bhopal, March 24: In 2002-03, the per capita income in Madhya Pradesh stood at a modest Rs 11,000 and today, the state budget outlines a remarkable leap to Rs 1,52,000 per capita income. Looking ahead, the state aims for a Rs 250 lakh crore budget by 2047, paving the way for a projected per capita income of Rs 22,50,000.
Govt auctions 12 coal mines, to yield annual revenue of Rs 3,330 crore
New Delhi, March 24: The Ministry of Coal has successfully auctioned a total of 12 coal mines, comprising eight fully explored mines and four partially explored coal mines across five states, according to an official statement issued on Monday.
Agriculture flourishing, law and order in control, says CM Yogi on his 8 years (Ld)
Lucknow, March 24: Uttar Pradesh Chief Minister Yogi Adityanath on Monday asserted that the BJP-led double-engine government has achieved more in eight years than previous governments did in their combined 22-year tenure.
From 'Bimaru' state to economic powerhouse: CM Yogi on UP's progress
Lucknow, March 24: Marking the completion of eight years of BJP governance in Uttar Pradesh, Chief Minister Yogi Adityanath on Monday addressed a press conference in Lucknow. He was accompanied by both Deputy Chief Ministers, senior ministers, and key government officials.
India doubles GDP to USD 4.3 trillion in 2025, achieving 105 per cent growth under PM Modi's leadership: Amit Malviya
New Delhi, March 22: India has reached a remarkable economic milestone, doubling its GDP from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025, marking an extraordinary 105 per cent growth that stands unmatched by any other major global economy, said BJP leader Amit Malviya.
Gujarat secures Rs 9.45 lakh crore investments ahead of Vibrant Gujarat summit
Ahmedabad, March 21: Ahead of the 10th Vibrant Gujarat Global Summit, the state government has signed a total of 55,860 projects with a proposed investment of Rs 9.45 lakh crore, Industries Minister Balwantsinh Rajput said.
Made provision of 30 per cent reservation for women in govt jobs: U'khand CM Dhami
Dehradun, March 21: Uttarakhand Chief Minister Pushkar Singh Dhami has described his three-year tenure as "three years of service, good governance and development" stating that various schemes that are run by his government are committed to women empowerment.
Assam cabinet approves 24/7 shop operations in Guwahati, Dibrugarh, Silchar
Dibrugarh, March 21: The Assam cabinet has permitted shops in major cities of the state, Guwahati, Dibrugarh and Silchar to operate 24/7, with the aim of boosting economy to encourage trade, Chief Minister Himanta Biswa Sarma announced. Liquor shops and bars in those cities have been exempt from this approval, with them operating the same times as before.
Assam Cabinet expresses gratitude towards PM Modi for Namrup fertilizer plant
Guwahati, March 21: Assam Chief Minister Himanta Biswa Sarma on Thursday said that the state cabinet has expressed gratitude towards Prime Minister Narendra Modi for sanctioning a fertilizer factory in Assam's Namrup of capacity 12 lakh metric tonne in the latest Union Budget.
Bengal government revokes incentive scheme to encourage new industries in state
Kolkata, March 19: West Bengal has revoked the incentive scheme to encourage the setting up of new industries in the state, Chief Minister Mamata Banerjee announced in the Assembly on Wednesday, the second-last day of the second round of the Budget session.
Telangana govt presents budget of over Rs 3 lakh crore
Hyderabad, March 19: Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka on Wednesday presented a budget of Rs 3.04 lakh crore for 2025-26.
Haryana CM proposes 'futuristic' budget of Rs 2.05 lakh crore
Chandigarh, March 17: In his maiden Budget address, second-time Haryana Chief Minister Nayab Singh Saini on Monday proposed the “futuristic” Budget of Rs 2.05 lakh crore for 2025-26, up 13.70 per cent from revised estimates of 2024-25.
Gujarat: CM Bhupendra Patel inaugurates Mega Brahmin Business Summit in Ahmedabad
Gandhinagar, March 15: Gujarat Chief Minister Bhupendra Patel, while inaugurating the fourth three-day Mega Brahmin Business Summit organized by Shree Samast Brahm Samaj (Rajya kaksha) at Science City, Ahmedabad, clearly stated that the Prime Minister has introduced the concept of a 'Knowledge-Based Economy.'
Andhra Investment Promotion Board approves investments worth Rs 1.21 lakh crore
Amaravati, March 13: Andhra Pradesh's State Investment Promotion Board (SIPB) on Thursday approved investment proposals worth Rs 1.21 lakh crore.
MP seeks public opinion for 'Vision 2047'
Bhopal, March 13: As envisioned by Prime Minister Narendra Modi to make India achieve the milestone of becoming a $30 trillion economy by 2047, the Madhya Pradesh government is seeking public suggestions to chart the future of the state.
In last 11 yrs Modi govt made historic increase in wages of Khadi artisans: KVIC Chairman
New Delhi, March 12: Khadi and Village Industries Commission (KVIC) Chairman Manoj Kumar said that the 'Khadi Revolution' has brought about a comprehensive change in the lives of artisans in the past 10 years under the leadership of Prime Minister Narendra Modi.
FICCI members laud MP Budget 2025-26 focus on growth, innovation, women empowerment
Bhopal, March 12: Members of the Federation of Indian Chambers of Commerce and Industry (FICCI) Madhya Pradesh state council have applauded the state budget for the financial year 2025-26, saying it focuses on growth, innovation, sustainability, and women's empowerment.
Historic: MP Ministers praises state budget for finacial year 2024-25
Bhopal, March 12: As Madhya Pradesh's Rs 4,21,032 crore budget was presented for the financial year 2025-26 in the assembly today, State Minister Tulsi Ram Silawat termed it a 'historic' budget for the development and growth of the state.
MP presents Rs 4.21 lakh crore budget, up 15 pc from last year
Bhopal, March 12: Madhya Pradesh Finance Minister Jagdish Devda presented a Rs 4.21 lakh crore budget in the state Assembly on Wednesday.
Budget around Rs 4.20 lakh cr for fiscal year 2025-26: MP CM Mohan Yadav ahead of budget presentation in assembly
Bhopal, March 12: Ahead of presentation of the Madhya Pradesh budget for financial year 2025-26, Chief Minister Mohan Yadav said in the exercise of doubling the state budget in the next five year, the budget of around Rs 4.20 lakh crores would be present in the state assembly on Wednesday.
Madhya Pradesh Dy CM & Finance Minister Jagdish Devda offers prayers at his residence ahead presenting state budget today
Bhopal, March 12: Deputy Chief Minister of Madhya Pradesh and Finance Minister Jagdish Devda will present the state budget for financial year 2025-26 in the state assembly on Wednesday.
Assam has 15 per cent growth rate, higher than national average: CM Sarma
Guwahati, March 11: Chief Minister Himanta Biswa Sarma on Tuesday said that Assam has the growth rate of 14-15 per cent which is more than the national average.
Ajit Pawar bets big on Rs 76,000cr-worth Vadhvan Port to boost Maha's development
Mumbai, March 10: Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Monday in the annual budget for 2025-26 has proposed the speedy infrastructure development in a bid to achieve the state government's much ambitious target of $1 trillion economy by 2027-28.
Maha govt to release New Industrial Policy to attract investment of Rs 40 lakh crore
Mumbai, March 10: In a serious bid to boost the industrial growth, which has dipped 4.9 per cent in 2024-25 against 6.2 per cent last year, the Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Monday in the annual budget for 2025-26 proposed a slew of policy initiatives.
Maharashtra will be number one in fulfilling PM Modi's Viksit Bharat dream by 2047: Ajit Pawar
Mumbai, March 10: In his budget presentation for the financial year 2025, Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Monday said that the state is poised to take a leading role in realizing the Prime Minister's dream of a developed India by 2047.