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Announced duty hike to promote ‘Make in India’

Defending the government proposal to increase duty on various items, Finance Minister said it was not done with a sense of protectionism but to promote Make in India. “If we have raised duty it isn’t done with the sense of protectionism. If there are medical devices being made in India, we want to give encouragement under ‘Make in India’, at least for those we don’t want imports flooding the market,”.

Power ministry launches portal to track states' energy efficiency performance

The Bureau of Energy Efficiency (BEE) under the aegies of the power ministry today released the State Energy Efficiency Index 2019, a portal that will track the progress of energy efficiency initiatives in all the states and union territories based on 97 indicators. The Index launched by power minister will help states contribute towards national goals on energy security and climate action by helping drive energy efficiency policies and program implementation at the state and local level, according to a statement.

NITI Aayog released its National Block-chain Policy Draft Paper

Indian government policy “think tank” NITI Aayog has released its national blockchain policy draft paper, titled “Blockchain – The India Strategy”. The policy explains different use cases of blockchain in the country alongside some conclusions from ongoing pilot projects.  The strategy document is aimed at clarifying the concepts surrounding the blockchain technology. Its target stakeholders include enterprise leaders, the government, and citizens of the country. 

This first part of the two-part Strategy document deals with fundamental concepts, trust systems, the economic benefit of smart contracts and blockchain, ease of doing business and other ongoing use cases. Part two, which will be released soon, will mainly cover different recommendations for using blockchain in India.

TAGS #ICT

New policy on Science, Technology & Innovation being framed by Centre

The government is working on a new National Science, Technology and Innovation Policy, to replace the existing policy framed in 2013, which will be forward-looking and have both a vision document as well as an action plan on the fundamental research required in crucial areas such as space, health, atomic physics and bio-technology. The Department of Science & Technology is steering the exercise and will soon initiate stakeholder interaction on what the new policy should include, said Principal Scientific Adviser to the Prime Minister K Vijay Raghavan in an interaction with journalists. 

TAGS #R&D