Posts

Showing posts with the label India

Key highlights of Indian Union Budget FY2023-24

Image
Indian Union Budget: An exercise carried out by the central government every financial year, to estimate the revenue and expenditure for the forthcoming financial year. Every year 1 st February, the union budget is released since 2017. The first union budget is released by RK Shanumukhan Chetty on 26 th November 1947. Key highlights of budget 2023 (SAPTRISHI) 07 key budget priorities for FY2023-24 Inclusive Development Reaching the last mile Youth power Financial Sector Green Growth Unleashing the potential Infrastructure and investment Green Growth To be established under GOBARdhan (Galvanizing organic Bio Agro Resources Dhan) Scheme for promoting circular economy; (200 - biogas plant and 300 community/ Cluster based plants) with an investement of INR 10,000 Crs. natural farming press trust of India. Promotion of battery energy storage systems Promotion of constal shipping energy efficient transportation Funds to be allocated for replacing old polluting vehicles Tax proposal - Simpl

Honda can be the Indian EV Market giant comparing to OEMs

Image
Honda is one of the popular brands in the Indian automobile industry. with the Activa petrol scooter with multiple versions, the company is come up with an electric version which Indian consumers are awaiting for the same. Apart from their plans to launch the electric vehicle in the Indian market, some of the key points are strong enough for Honda can capture a great EV market share in the country. Kinetic Honda is the predecessor for Honda Activa which was a big hit in 90s.  Year wise Activa Models released by Honda:  2001,  2002,  2007,  2008,  2009,  2018,  2019,  2020,  2021 Some of the key advantages for Honda can be a great EV market giant compared with startups and OEMs due to the following: Charging facilities in service stations: As Honda has 334+ service stations [1] across various states in India, the majority of them are bigger compared to other two-wheeler service stations. So a large charging infrastructure network and facility can be developed which can provide easy ac

History of Indian Power Sector

Image
From the history to the present, this article will tell you about the development of the Indian power sector started from the 18th century to the 20th century and the future. . . . After the change in reforms in many countries there is a huge difference in the development of the power sector in their respective countries. Initial reforms change over took place in "Argentina Reforms", one of the famous reforms that took place across the world.  Some of the major changes and developments took place in Indian Power sector history are as follows: 1897: First Hydel Plant 1899: First Steam Plant 1901: Indian Electricity Act 1948: Electricity Supply Act (States empowered with Generation, Transmission & Distribution) 1951: Central Electricity Authority (CEA) formed 1955: State Electricity Board (SEB) and Regional Electricity Board (REB) formed Note: from 1948 to 1955, integration of district-level power transmission and distribution took 1969: First Nuclear Power Plant, Tarapur,