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Economic Newsletter : March 2019

Economic

 Focus Issues  High Impact News
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India takes the lead in Energy Accessibility
Inaugurating Petrotech 2019, a confluence of energy sector, Prime Minister Narendra Modi said that India has taken a lead in addressing the issue of energy accessibility. He also announced that India will be directly shifting to BS-VI grade fuel by 2020, from the current...
 
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Houses built under Grant assistance handed over to Estate workers in Hatton.
155 houses built under Indian Housing Project were handed over to the beneficiaries in Bridwell Estate, Bogawantalawa, Hatton by Prime Minister of Sri Lanka Ranil Wickremesinghe and High Commissioner of India...
 
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Railway activity in India will account for 40 percent of global rail activity by 2050
According to the report-Future of Rail Opportunities for energy, Indian railways will have a share of 40 per cent of the total global rail activity and will save around USD 64 billion on fuel bills by 2050. Rail activity in India is set to grow more than any other country...
 
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India to build an Information Technology Park in Jaffna 
India and Sri Lanka have signed a Memorandum of Understanding (MoU) to establish a Business Centre for ICT incubators/ accelerators in Jaffna. The Business Centre which will be built through a grant of SLR 250 million from the Government of India ...
 
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India leading the fourth Industrial Revolution
With Government’s policy initiatives, a vibrant start up eco-system and more than 500 million people with access to high speed internet India is in the forefront the fourth Industrial Revolution- the Digital revolutiom. The open digital platform has helped India...
 
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Mahatma Gandhi scholarships awarded to 150 Sri Lankan students.
The prestigious Mahatma Gandhi Scholarship was awarded to 150 Advanced level students from all districts of Sri Lanka.  This is the twelfth year in continuum that India has provided the Mahatma Gandhi...
 
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