Indian Economy - Angel One - Page 368

The Uttar Pradesh government aims to install 8 lakh solar rooftop plants by March 2027. This initiative is part of the PM Surya Ghar Yojana which was launched in February 2024. The government aims to promote green energy and reduce reliance on conventional power sources. Focused Targets and Real-Time Monitoring For FY26, the goal is …

Amaravati, the planned capital city of Andhra Pradesh, is all set to make history. It aims to become the world’s first city powered entirely by renewable energy. With a vision to create a modern and eco-friendly “people’s capital,” the project is being built with a focus on sustainability and clean energy. Powering Amaravati with Green …

India’s young generation is independent, ambitious, and tech-savvy. But with this confidence comes a growing problem — many are defaulting on small personal loans, especially those under ₹50,000. Recent data from CRIF and the Digital Lenders Association of India (DLAI) shows that around 26% of these loans haven’t been repaid for more than 90 days, …

In a major move, the Reserve Bank of India (RBI) has announced that children aged 10 years and above can now independently open and operate their own savings and term deposit accounts. This decision, made public on April 21, 2025, aims to teach financial responsibility from an early age.  RBI: Minors Can Now Operate Accounts  …

The BharatNet project is a flagship initiative by the Government of India, aimed at digitally empowering rural India by providing high-speed broadband connectivity to all Gram Panchayats (GPs). Recognised as one of the largest rural telecom projects globally, BharatNet is bridging the digital divide between urban and rural communities and laying the foundation for inclusive …

The Ministry of Home Affairs (MHA) has issued a high-priority alert warning citizens and authorities about a surge in fake ₹500 currency notes circulating in the market. This calls for a check in your wallet, whether you are carrying a counterfeited or fake ₹500 note. According per news reports, alerts have been issued to key …

Launched by Union Finance Minister Nirmala Sitharaman, the PM Internship Scheme aims to provide young individuals aged 21-24 years from low-income households with 12-month internship opportunities in the top 500 companies in India. Over the next 5 years, the PM Internship Scheme (PMIS) aims to offer 1 crore internships at leading companies. Round 2 of …

The Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to redefine financial inclusion in India. As of April 2025, Jan Dhan deposits have touched a record ₹2.63 lakh crore, showing strong progress in expanding access to banking for all. A Record Rise in Deposits According to recent government data, Jan Dhan account deposits reached ₹2,63,145 crore …

The Government of India has introduced key revisions to the Domestic Gas Allocation Policy, aimed at improving the reliability and affordability of natural gas supply to the Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) segments.   These steps are aligned with India’s broader goals of promoting clean energy usage, enhancing air quality, and …

Starting May 1, India will introduce a new GPS-based toll collection method. This is a major change to how tolls are collected on national highways. The National Highways Authority of India (NHAI) is replacing the current FASTag system to make highway travel faster, easier, and more transparent. Read more on: MoRTH Denies FASTag Replacement Rumours; …