Hi, NewsWrap for December 07, 2021

Light Rainfall & Snowfall, India's Green Energy, Agriculture Production, Economic Development

7 December 2021

  • IMD Predicts More Rains & Snowfall in Some States

    The India Meteorological Department has predicted scattered rains over some parts of Southern India for the next few days along with heavy rains in some regions. Meanwhile, light rainfall & snowfall is forecasted in some Northern states under influence of fresh western disturbance. The temperature is likely to drop by 2-4 degrees Celsius over the next few days.

  • Initiative to Increase Agri Production for Contribution of Economic Development

    The project Farm Mechanization, Sikkim, was implemented by the Food Security & Agriculture Development Department, Government of Sikkim in Gangtok. Its approved cost Rs. 504.05 lakhs. The North Eastern Council’s share is Rs. 453.65 lakhs and the state’s share is Rs.50.40 lakhs. This project’s location is East, West, and North-South Districts of Sikkim. Its objective is to increase the output per man and animal, thereby ensuring timeless operation, minimizing the cost of the different units of operations involved in agricultural production, raising farm incomes and contributing to overall economic development.

  • 90% of India’s Green Energy Projects Got Investments Grade Ratings in 2020

    Over 90% of India’s Green Energy project got the investment-grade ratings of BBB & above in 2020, as per the study by CEEW Centre for Energy Finance (CEEW-CEF). “This is due to significantly improved financial viability of India’s renewable energy projects over the last decade on an account of favorable policy support from central government. As recently as 2015, less than 50% of the projects in the sector enjoyed such favorable ratings from credit rating agencies on their debt issuances”, says CEEW-CEF in a statement.

     

     

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7 December 2021

That's it for for 7 December 2021
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