• National Council of Applied Economic Research (NCAER) pegged the economic growth for the current fiscal at 4.9%, a tad down from 5% estimated by the National Statistical Office (NSO).
  • However, for 2020-21, the NCAER expects the Indian economy to improve its growth rate to 5.6%.
  • A faster demand uptick, particularly in the home builder and infrastructure segments, has made cement companies line up extensive greenfield and brownfield projects in eastern India.

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  • Thermal coal imports at the country’s 12 major ports declined 14.98% to 74.60 million tonnes (MT) during April-January this fiscal against 87.74 MT of the dry fuel in the same period of the previous year, as per a report by the Indian Ports Association.
  • The Cabinet cleared the second phase of Swachh Bharat Mission (Grameen) which emphasises not only on the sustainability of the open defecation free (ODF) system but also management of solid and liquid wastes in rural areas of the country..
  • The Cabinet cleared the second phase of Swachh Bharat Mission (Grameen) which emphasises not only on the sustainability of the open defecation free (ODF) system but also management of solid and liquid wastes in rural areas of the country.
  • The Coronavirus outbreak in China has disrupted production and transport of key equipment imported for use in solar power plants and is likely to jack up the prices of solar power apart from impacting projects’ completion schedule unless urgent measures are taken.
  • The finance ministry’s decision to treat highway projects as a single entity that cannot be divided into small packages could impact award of about 1,000 km of key infrastructure projects, including the Delhi-Mumbai and Ahmedabad-Dholera Expressways.