Even as the world faces the challenge of climate change, world leaders had come together to sign the Paris Accord in 2015.
Towards this end, electric mobility has been given a massive push by the government.
The results are also encouraging.
To further the agenda of electric mobility in the country, the inter-ministerial committee for Electric Vehicles has sanctioned 5,645 electric buses for intracity operations in 65 cities and intercity operations to 8 state transport undertakings.
The inter-ministerial committee for EV Vehicles today sanctioned 5645 electric buses for intracity operations in 65 cities and for intercity operations to 8 state transport undertakings.
This will give huge impetus to automobile sector, clean up our cities & drive Make in India.
With the re-election of Prime Minister Narendra Modi with more popular votes than what he got in 2014, India now has a leader with the largest popular support among all the leaders in the world.
This mass popularity and global image of PM Modi further strengthen his aura in global politics today.
In the last 5 years, due to this multi-alignment push, India has been walking the fine rope to maintain relations with diagonally opposite countries.
The tussle between them is to grow as China is fast emerging as opposition to the USA’s hegemonic position in the world order.
India as a member of both BRICS and Shanghai Cooperation Organisation (SCO) and as one of the largest markets for Chinese companies holds a bargaining chip with China.
India since its independence has been supporting the cause of Palestinians.
Why To Join With Prism Even After GST.
Welcome New Great Initiative By Mr. Narendra Modi And His Team For Making India As Develop Country By 2020.
Contact Us Prism Calibration — Ahmedabad Ahmedabad, Gujarat, India 382445 https://www.prismcalibration.c...
RBI fund transfer: On the previous Monday, the Reserve Bank of India (RBI) approved the Bimal Jalan committee’s proposal and approved to transfer 1.76 Lakh Crore from its reserves to the central government lead by Narendra Modi (RBI fund transfer).
This is the highest transfer in the history of Reserve Bank and they approved Rs 500 billion of the dividend, and this financial year is 2.5 times greater than the previous year.
The reserve bank in known as the bank of banks and has the highest authority as it can impact the Indian Economy.
From the total reserve of the RBI, they have to keep 70% as the annual dividend, and the surplus transfer to the Union Government on regular basis as the budget of financial year (RBI fund transfer to government).
Though is it good for the government to have more funds to spend for public welfare, but there are some people who believe it would affect the Reserve Bank of India because it might reduce the value of their investments.
The former RBI Governor Bimal Jalan headed a committee which allowed the union govt to access the contingency funds, and the Central Bank also approved the suggestion, therefore, transferring Rs 1.76 Lakh Crore considering the recession and emergency like situation.