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National Infrastructure Pipeline
The National Infrastructure Pipeline (NIP) is a group of social and economic infrastructure projects in India over a period of five years with an initial sanctioned amount of . The pipeline was first made public by the Prime Minister of India Narendra Modi during his 2019 Independence Day speech. Real time data and details related to NIP can be found online at the India Investment Grid website which was launched in August 2020. Task force report The task force headed by Atanu Chakraborty, the economic affairs secretary in the finance ministry, on National Infrastructure Pipeline, in May 2020, submitted its final report to the Finance Minister. Important recommendations and observations made: * Investment needed: over the next five years (2020-2025) to build infrastructure projects and drive economic growth. * Energy, roads, railways and urban projects are estimated to account for the bulk of projects (around 70%). * The Centre (39 percent) and state (40 percent) are expecte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lakh
A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. For example, in India, 150,000 rupees becomes 1.5 ''lakh'' rupees, written as 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English. Usage In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 ''lakh'' people"; "''lakhs'' of people"; "20 ''lakh'' rupees"; "''lakhs'' of rupees". In the abbreviated form, usage such as "5L" or "5 lac" (for "5 ''lakh'' rupees") is common. In this system of numeration, 100 ''lakh'' is called one '' crore'' and i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crore
Crore (; abbreviated cr) denotes the quantity ten million (107) and is equal to 100 lakh in the Indian numbering system. In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000. Crore is widely used both in official and other contexts in Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan. Etymology The word ''crore'' derives from the Prakrit word , which in turn comes from the Sanskrit (), denoting ten million in the Indian number system, which has separate terms for most powers of ten from 100 up to 1019. The ''crore'' is known by various regional names. Money Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of ''crore''. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen ''crore'' rupee Rupee (, ) is the common name for the currency, currencies of India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of India
The prime minister of India (ISO 15919, ISO: ) is the head of government of the Republic of India. Executive authority is vested in the prime minister and his chosen Union Council of Ministers, Council of Ministers, despite the president of India being the nominal head of the executive. The prime minister has to be a member of one of the houses of bicameral Parliament of India, alongside heading the respective house. The prime minister and the cabinet are at all times responsible to the Lok Sabha. The prime minister is appointed by the president of India; however, the prime minister has to enjoy the confidence of the majority of Lok Sabha members, who are directly elected Elections in India#Parliamentary general elections (Lok Sabha), every five years, lest the prime minister shall resign. The prime minister can be a member of the Lok Sabha or the Rajya Sabha, the upper house of the parliament. The prime minister controls the selection and dismissal of members of the Union ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Narendra Modi
Narendra Damodardas Modi (born 17 September 1950) is an Indian politician who has served as the Prime Minister of India, prime minister of India since 2014. Modi was the chief minister of Gujarat from 2001 to 2014 and is the Member of Parliament, Lok Sabha, member of parliament (MP) for Varanasi (Lok Sabha constituency), Varanasi. He is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a right-wing politics, right-wing Hindutva paramilitary volunteer organisation. He is the longest-serving prime minister outside the Indian National Congress. Modi was born and raised in Vadnagar, Bombay State (present-day Gujarat), where he completed his secondary education. He was introduced to the RSS at the age of eight. Modi became a full-time worker for the RSS in Gujarat in 1971. The RSS assigned him to the BJP in 1985 and he rose through the party hierarchy, becoming general secretary in 1998. In 2001, Modi was appointed chief minister of Guja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independence Day (India)
Independence Day is celebrated annually on 15 August as a Public holidays in India, public holiday in India commemorating the nation's Indian independence movement, independence from the United Kingdom on 15 August 1947. On this day the Indian Independence Act 1947 came into effect, transferring legislative sovereignty to the Indian Constituent Assembly. India attained independence following the Indian independence movement, independence movement noted for largely nonviolent resistance, non-violent resistance and civil disobedience led by Indian National Congress under the leadership of Mahatma Gandhi. Independence coincided with the partition of India, in which British Raj, British India was divided into the Dominion of India, Dominions of India and Dominion of Pakistan, Pakistan; the partition was accompanied by violent riots and mass casualties. On 15 August 1947, the first Prime Minister of India, Jawaharlal Nehru raised the Flag of India, Indian national flag above the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Minister Of India
The minister of finance (Vitta Mantrī ) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the finance minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the budget, the finance minister also outlines allocations to all the ministries and departments. The minister is assisted by the minister of state for finance and the junior deputy minister of finance. There have been a number of ministers of finance that went on to become the prime minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh Manmohan Singh (26 September 1932 – 26 December 2024) was an Indian economist, bureaucrat, academician, and statesman, who served a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Railways
Indian Railways is a state-owned enterprise that is organised as a departmental undertaking of the Ministry of Railways (India), Ministry of Railways of the Government of India and operates India's national railway system. , it manages the fourth List of countries by rail transport network size, largest national railway system by size with a track length of , running track length of and route length of . , 96.59% of the broad-gauge network is Railway electric traction, electrified. With more than 1.2 million employees, it is the world's List of companies by employees, ninth-largest employer and List of largest employers in India, India's second largest employer. In 1951, the Indian Railways was established by the amalgamation of 42 different railway companies operating in the country, spanning a total of . The railway network across the country was reorganized into six regional zones in 1951–52 for administrative purposes, which was gradually expanded to 18 zones over the ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union territories of India, 36 states and union territories. The government is led by the president of India (currently ) who largely exercises the executive powers, and selects the Prime Minister of India, prime minister of India and other ministers for aid and advice. Government has been formed by the The prime minister and their senior ministers belong to the Union Council of Ministers, its executive decision-making committee being the Cabinet (government), cabinet. The government, seated in New Delhi, has three primary branches: the legislature, the executive and the judiciary, whose powers are vested in bicameral Parliament of India, Union Council of Ministers (headed by prime minister), and the Supreme Court of India respectively, with a p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Governments Of India
The state governments of India are the governments ruling over the 28 states and three union territories (there are eight union territories but only three union territories have legislative assemblies as well as governments) of India with the head of Council of Ministers in every state being the Chief Minister, who also serves as the head of the government. Power is divided between the Union Government (federal government) and the state governments. The federal government appoints a Governor for each state, who serves as the ceremonial head of state, and a Lieutenant Governor (or Administrator) for certain union territories, whose powers vary depending on the specific union territory. Each state has a legislative assembly. A state legislature that has one house – the State Legislative Assembly (Vidhan Sabha) – is a unicameral legislature. A state legislature that has two houses – the State Legislative Assembly and State Legislative Council (Vidhan Parishad) – ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (India)
The minister of finance (Vitta Mantrī ) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the finance minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the budget, the finance minister also outlines allocations to all the ministries and departments. The minister is assisted by the minister of state for finance and the junior deputy minister of finance. There have been a number of ministers of finance that went on to become the prime minister A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Property
Public property is property that is dedicated to public use. The term may be used either to describe the use to which the property is put, or to describe the character of its ownership (owned collectively by the population of a state). State ownership, also called public ownership, government ownership or state property, are property interests that are vested in the state, rather than an individual or communities. Differences from private property American economist Armen A. Alchian explored what distinguishes public property from private property, concluding that a unique difference lies in the limitations put on its alienability. That is, a crucial feature of public property lies in the inability of their owners to sell or grant them to others. According to Alchian, private property is that which can be transferred at the discretion of its owners, whilst public property is that which cannot. Consequently, because of the absence of exchange in much of what is public propert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
