Govt Videos
Govt to set up Special Purpose Vehicles to make India-made aircraft
India is advancing into aircraft manufacturing with the goal of becoming a global hub in the sector. Civil Aviation Minister Naidu emphasized the drive to produce indigenous planes, with Hindustan Aeronautics Limited (HAL) at the forefront, leveraging its experience with a 119-seater aircraft. A Special Purpose Vehicle (SPV) will be established, consisting of industry experts to manage the development of domestic aircraft, while initially sourcing some components and engines externally. The SPV will identify and address gaps in India`s aviation infrastructure over the next five years. Major players like Airbus and Boeing might collaborate, bringing their expertise to bolster the domestic industry. Additionally, the Narendra Modi Government plans to enhance Maintenance, Repair, and Overhaul (MRO) facilities, supporting the broader development of India’s aviation sector.
Raksha Bandhan 2024: Gujarat govt supports women entrepreneurs with free stalls
In Gujarat, the state government is offering women a unique opportunity this Raksha Bandhan by providing free business stalls in Surat. As part of the initiative, Surat Municipal Corporation has allocated 101 stalls at no cost to women, generating 1010 direct jobs. Additionally, the government is supporting these entrepreneurs with loans ranging from Rs 10,000 to Rs 50,000 to aid in setting up their Rakhi stalls. The initiative also includes training through "Sakhi Mandal" to ensure women acquire essential skills for successful business operations. This effort aims to empower women and enhance their economic prospects during the festive season. A Rakhi seller said, “Govt is giving women like us to move forward in our lives. We get these kinds of opportunities in Rakhi Mela, and Navaratri Mela. We also get loans according to our need to purchase materials. Because of these stalls we get new recognition.”
Loading...
{{ShowDateFormat}} mid-day online correspondent
ADVERTISEMENT
No more articles
ADVERTISEMENT