Atmanirbhar Bharat

In his Independence Day speech, PM Narendra Modi outlined a bold plan to make India self-reliant (Atmanirbhar Bharat) through next-generation reforms, job creation, and simplified tax rules. He announced a national task force to accelerate growth, a new job scheme (PM Viksit Bharat Rozgar Yojana) to create 3.5 crore jobs, and a simplified GST framework to be announced by Diwali. Modi emphasized the importance of manufacturing, defence production, and critical minerals, and vowed to remove bureaucratic hurdles to boost homegrown industries.

Full transcript: Piyush Goyal's exclusive interview at Green Bharat Summit

"In electric mobility, while we face challenges with raw materials and battery technology, India has a strong auto ecosystem capable of achieving Atmanirbharta," said Union Minister Piyush Goyal in conversation with Bodhisatva Ganguli at the Network18 Green Bharat Summit. Here's the full transcript.

Why India needs another National Mission on Edible Oils?

India’s oilseed production has remained muted, leading to higher dependence on imports. Nearly 70 percent of the country’s edible oil demand is met through imports

Govt focused on becoming a more privatised economy: DIPAM Secretary on PSE policy timeline

Timeline of PSE policy has been moved up. Green initiatives by public companies can lead to IPOs by their subsidiaries if they reach a certain size

ALMM support will help India become the next big solar manufacturing hub: Experts

Of the 500 GW non-fossil source based electricity generation capacity planned by 2030, the government aims to generate at least 300 GW solely through solar power.

Indian Air Force inks contract with Bharat Electronics for modern communication sets

The indigenous software designed radio (SDR) technology based sets will boost the IAF's communication network.

Boeing comes out with 'Aatmanirbhar Bharat' approach for P-8I aircraft; eyes additional orders

The company said it had already generated a substantial economic impact, amounting to USD 1.7 billion to support the current P-8I aircraft fleet in service with the Indian Navy.

Bullish on India | India has world's largest pool of talented young engineers: Nitin Gadkari

The minister added that the Indian automobile industry is among the fastest-growing markets in the world and the country aims to become the world’s largest automobile manufacturing hub.

Bullish on India | Lot of global capital looking to tap Indian clean energy space: Sumant Sinha of ReNew

The India opportunity is so attractive right now, and the next 25 years are truly going to be India's years, says Sumant Sinha, founder, chairperson and CEO of ReNew. We'll need almost $500 billion just for the electricity sector over the next 7-8 years, he says.

MSMEs can help make India a global leader in healthcare

The MSME Ministry has identified health as one of the target sectors and initiated the India Health Dialogue — a platform for the facilitation of business, investment, and innovation.

Atmanirbhar Bharat not possible if socioeconomic disparities do not end: Nitin Gadkari

The minister of road transport and highway said more attention needs to be given to the agricultural, rural and tribal sectors, and pointed out that the objective of each government policy must be to double the contribution to GDP of these segments to 25 per cent from the present 12 per cent.

Vedanta fully equipped to make chips in India: Anil Agarwal

Anil Agarwal emphasises the vital role of chips in powering future technologies like artificial intelligence. He urges others to trust in Vedanta's capabilities and asserts that they are fully equipped to manufacture semiconductors.

PM Modi's Atmanirbhar Bharat push: India can achieve energy independence by 2047: US Report

Lawrence Berkeley National Laboratory, a federally funded research and development centre, along with The India Energy and Climate Center (IECC) located at UC Berkeley’s Goldman School of Public Policy published a report, ’Pathways to Atmanirbhar Bharat’, that highlights the steps taken by India towards the adoption of clean energy.

Investors await Kaynes Technology listing today as defence IPOs fetch heavy returns

Grey market premium of the Kaynes Technology trading massive 40 percent higher or at Rs 235 a share. The IPO has set an issue price at Rs 587 a share

Youth must generate employment, fulfil PM's vision of 'Atmanirbhar Bharat': Gadkari

He also emphasised on the use of research and technology for finding solutions in all spheres.

Vibrant Gujarat: For years, businesses have been ditching Maharashtra in favour of Gujarat

Maharashtra had been losing sheen as a destination for business long before Vedanta and Tata announced new investments in Gujarat in recent months.

Must promote rubber, plastic product exports to boost economy, says RBI working paper

The working paper comes against the backdrop of the government’s Aatmanirbhar Bharat Abhiyan, the mission towards making India self-reliant

Promoting Atmanirbhar Bharat, Ayush in disability sector among key interventions in draft policy

The Department of Empowerment of Persons with Disabilities under the Ministry of Social Justice and Empowerment has invited comments on the draft policy from stakeholders by July 9.

Budget 2022: Why the COVID-19 support rollback won’t leave India gasping in pain

In a five-part series, Moneycontrol explains how various economic variables are interlinked, and how they impact the budget exercise and they affect our savings, spending and investments. Part one is on the COVID-spend variable. While the rich countries spent heavily on direct fiscal support, India announced packages that had minimal net fiscal impact.

Lexus India boss: Constantly evaluating the right time to launch an EV in India

Lexus India President PB Venugopal talks about the brand’s future plans, pumping-up localisation efforts and partaking in the electric vehicle revolution.

India’s home rental programme for migrant workers needs more nuance and ambition

The affordable housing rental complex (AHRC) scheme acknowledges the needs of mobile workers who spend short periods of time in the city and do not seek permanent housing. Applying what we know about migrant work and the development sector will help India to realise AHRC's potential.

COVID-19 Vaccine | Covaxin production to be increased to 6-7 crore doses a month in July-August: Health Ministry

The production capacity of the vaccine being manufactured by Bharat Biotech is expected to reach nearly 10 crore doses a month by September.

TEMA joins hands with ICCC to promote Make in India, investment, manufacturing

TEMA will come on board as a partner organisation for CONNEXT 2021 ICCC's 10 days-10 states virtual trade mission to India from June 11-25, 2021.

A shrinking middle class can cloud growth prospects

The Pew report is yet another pointer to the rising income equality in the country and a wake-up call for the government to address lacunae that hurt the purchasing power of the masses.

HDFC Bank exploring sale of controlling stake in Syska Led Lights

Syska Led Lights may also explore a fund raise by selling a minority stake to PE funds, though according to reports this has been attempted once earlier.