-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »SEARCH RESULT
Total Matching Records found : 301
7,540 Solar powered farm pumps to be distributed in state
-The Times of India NAGPUR: The state cabinet has given a go ahead for distribution of over 7540 Solar powered agricultural pumps in the state. It will be on a pilot basis under a Central scheme. State cabinet on Tuesday decided to allocate Rs 22.25 crore for the project estimated to cost Rs 445 crore. The Union government has decided to give a big push to solar energy and fixed a target...
More »At 750MW, Madhya Pradesh to get world’s largest Solar power plant -Amarjeet Singh
-The Times of India BHOPAL: Next year on Independence Day, India will have the world's largest 750MW Solar power plant in Rewa district of Madhya Pradesh, which will pip America's much-vaunted 550-megawatt Desert Sunlight solar project in California, commissioned four days ago. Acquisition of 1,500 hectares of land for the Rs 4000 crore project is close to completion and government agencies are likely to invite tenders from developers by April. The state...
More »Sun power for jobs, with rider
-The Telegraph New Delhi: India's plans to expand solar energy 30-fold to 100,000MW in seven years could create more than a million new jobs but demand chunks of land cumulatively larger than the metro areas of Calcutta or Delhi, an environment think-tank has said. An analysis by the Delhi-based Council on Energy Environment and Water has suggested that the plan to raise installed solar energy capacity from the current 3,000MW to 100,000MW...
More »India’s tough renewable energy targets -Athar Parvaiz
-SciDev.net India plans to produce 160,000 megawatts of renewable energy by 2022 Financing, land-acquisition and proper policies are among challenges to the plans Government confident of financing by World Bank and multilateral agencies NEW DELHI: Financing, land-acquisition and lack of proper policies are among challenges to India's ambitious renewable energy projects, the Delhi Sustainable Development Summit (DSDS) run by The Energy and...
More »
