USAID announces 5 new partnerships in India
The Dollar Business Bureau The Indo-US cooperation is in a new phase, with US agency USAID announcing 5 new partnerships that would enhance the cooperation that US intends to help India in the field of renewable energy (RE). These 5 new partnerships are in the fields of climate change, clean energy, and environment. The transition is aimed to usher in a low-emission and energy-secure India. Of the 5 new partnerships announced by USAID, 4 are with governmental agencies. This was revealed to the media by USAID Assistant Administrator Jonathan Stivers, who said, "USAID welcomes and appreciates this historic opportunity to play a useful role in Indias path forward." Johnathan was in India representing his agency at the second US-India Strategic and Commercial Dialogue. Detailing ...
PM Modi asks India Inc to take risk and invest more
Source: PTI Prime Minister Narendra Modi along with Finance Minister Arun Jaitley and Transport Minister Nitin Gadkari in a high-level meeting with industry leaders in New Delhi on Tuesday. Prime Minister Narendra Modi on Tuesday asked India Inc to increase risk-taking appetite and step up investments even as industry leaders pressed for interest rate cut and more policy action to improve ease of doing business. “Prime Minister has said that industry must take risk and increase investments...we must go out and invest. Industry has a role to play,” CII president Sumit Mazumder told reporters after the meeting of Prime Minister with CEOs, bankers, economists and bureaucrats on the global economic slowdown. Several industry leaders meanwhile pitched for interest rate cut ...