Launches On-street Smart Parking without the need of sensors an Indian startup solving parking problems From Delhi to Kumbh Mela to IPL Get My Parking (GMP) is a Chennai Angels funded venture started by IIT Madras and FMS Delhi alumni which has digitized the parking industry. Despite the industry…
Tag: Narendra Modi
Monetary Policy: Start-ups can raise $3 mn via ECBs annually, says RBI
With a view to boosting innovation and promoting job creation, the Reserve Bank today said start-ups can raise External Commercial Borrowings (ECBs) of up to 3 million in a financial year. They will be permitted raise the overseas funds in rupees as well as in foreign currency. India has the thir…
Make in India: Finding the right balance
The Indian economy is at a crossroads. Despite advantages like a stable democratic, government and a large English speaking population, the country has lagged China in fulfilling its potential as a global manufacturing powerhouse. In recent times, many Indian leaders have found it tough to fulfil…
Modi Magic: PM’s Mann ki Baat spurs Khadi growth periodically
“If you buy Khadi, you light the lamp of prosperity in the house of a poor person”, Prime Minister Narendra Modi said in his first monthly radio address ‘Mann ki Baat’ on October 3, 2014. Two years later, the sapling he had planted, is bearing fruits. Khadi has since become a lifestyle phen…
Bollywood star Akshay Kumar promotes Ritu Beri’s Khadi line
On the eve of Gandhi Jayanti, Central Government has decided to make superstar Akshay Kumar as the new face of Khadi. He will be promoting the new clothesline made by well known designer Ritu Beri titled Khadi Vichar Vastra. Ministry of Micro Small and Medium Enterprises (MSME) confirmed the news…
Make in India campaign marks 2 years
As the Make in India campaign launched by Prime Minister Narendra Modi completes two years, the government on September 25 announced that foreign direct investment (FDI) inflows into the country had recorded their highest level on the basis of a yearly comparision. “India records its highest ever…
World Tourism Day Special: Travel start-ups to spin the tourism era
Travel based startups have of late been getting more funding than even e-commerce portals. Travel startups are also witnessing a boom for past two years. According to research firm Tracxn’s data, first half of this year saw $457.67 million in funding versus $75.4 million during the same period in…
Khadi now on PM’s aircraft too
The Air India One, the official carrier of the Prime Minister, has also begun using exclusively Khadi attire for its in-flight staff. Silk sarees, Jodhpuri bandh gala coats, trousers and jackets are being supplied in record time for the PM’s aircraft. Air India has placed a big order for su…
Expansion of small businesses necessary for growth: Kalraj Mishra
Highlighting the importance of Micro, Small and Medium Enterprises in the economy’s development, the Union MSME Minister Kalraj Mishra said expansion of small businesses are necessary for growth of the nation, and also for making families self-sufficient. Prime Minister Narendra Modi has taken st…
Goyal asks electrical equipment makers to ensure quality
Union Power Minister Piyush Goyal has asked electrical equipment manufacturers to ensure quality to face competition from China, Korea and other countries. The minister also sought support from Indian Electrical and Electronics Manufacturers Association (IEMMA) for “exposing those who use s…