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The GST Council's decision to bring all products, except those under the sin and luxury goods category, under 5 per cent and 18 per cent slabs, while reducing it to zero on a host of essential items, will come into effect from September 22, the first day of Navratri.
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Developed by ISRO's Semiconductor Lab, Vikram is India's first fully indigenous 32-bit microprocessor, qualified for use in harsh launch vehicle conditions.
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The meeting comes a few days after IT ministry and DFS officials met stakeholders from the finance industry regarding the new online gaming law
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"This pilot line (G1 facility) will produce 0.5 million chips per day, and our first Made-in-India chip will come from here," Vaishnaw said.
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Tune in for two Moneycontrol exclusives with Union Minister for Electronics and IT Ashwini Vaishnaw and Union Minister for Road Transport and Highways Nitin Gadkari. Vaishnaw talks about the road ahead post the ban on real money games and Gadkari addresses a wide range of topics from economic reforms, issues in the auto sector and the Bihar electoral roll revision. Also inside: RBI to go steady on rate cuts, Sebi heat on influencers, Walmart’s profits squeezed by investments & more.
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New law passed with rare speed, criminalises offering of money games while creating a central authority to regulate the sector.
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In an exclusive interview, IT Minister Ashwini Vaishnaw said the law targets harmful money games but also assured support for affected workers while promoting e-sports and skill-based gaming.
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Vaishnaw invites industry suggestions to boost esports and online skill gaming ecosystem
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The Union IT minister stressed awareness and societal role in tackling online money gaming
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Union IT minister Ashwini Vaishnaw notes global concerns around betting-driven games, says investors should know the sector faced “issues”
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The IT minister said that there have been instances were students resorted to crime because of unpaid debts arising from online money games
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The minister refused to divulge details about the timeline of the implementation of the bill and if any opportunity will be provided to the gaming firms to make the required changes
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With the Centre set to introduce a new bill that would effectively ban real money gaming, IT Minister Ashwini Vaishnaw warned of money laundering, terrorism financing, and psychological harm from such games
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On July 23, in a written response in the Lok Sabha regarding the completion of the entire bullet train project, the railway minister had provided an estimated date of December 2029.
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Vaishnaw said, 'The proposal of converting decommissioned railway coaches into mobile libraries or classrooms is a good idea which will encourage reading habits and support education. So far, no proposal for such conversion has been received'
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Railway Minister Ashwini Vaishnaw informed that the Railways permits use of its land for social infrastructure like hospitals, Kendriya Vidyalayas for a period up to 60 years at Re 1 per square metre per annum.
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He also highlighted that the domestic electronics production has gone up by six times.
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Vaishnaw asked CSC SPV to prepare details on the merger of state-based service centres and assured VLEs that he would discuss the possibility of their merger with state governments.
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Union minister Ashwini Vaishnav said that the objective of the scheme is to ensure the convergence of 36 schemes from 11 ministries across 100 selected districts.
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'India is resilient. The world has enough opportunities for all, and we should continue path we have set,' Union IT Minister Ashwini Vaishnaw said.
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While the hike in ticket prices from July 1 will help the Indian Railways take a big step towards its ambitious 2025-26 target, it is still likely to struggle to meet its goals without a substantial increase in passenger traffic.
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Making the announcement, Ashwini Vaishnaw said these initiatives will improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations.
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At the CII Business Summit, Ashwini Vaishnaw said that "there are many people who criticised us for vying semiconductor manufacturing".
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The minister's remarks come at a time when geopolitical tensions have raised questions about potential impacts on foreign investment and supply chain stability
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Addressing the press during the customary cabinet briefing, Vaishnaw said: "Cabinet Committee on Political Affairs has decided today that Caste enumeration should be included in the forthcoming census".
