ANIThe Union Cabinet has approved the establishment of an autonomous body -- MY Bharat -- to serve as an overarching enabling mechanism to ensure the youth-led development, Union minister Anurag Thakur said.
The body will be dedicated to the nation on the birth anniversary of Vallabhbhai Patel on October 31. It will provide equitable access to the youth to actualise their aspirations and build a developed India by utilising their energy, he said.
In a post on X, the prime minister said, "The Cabinet decision on establishing Mera Yuva Bharat (MY Bharat) will go a long way in furthering youth-led development and giving wings to the aspirations of our talented Yuva Shakti."
In another decision, the government approved royalty rates of three per cent each for lithium and niobium and one per cent for Rare Earth Elements (REEs).
Modi said on X, "Today's Cabinet decision is great news for the sector and will also boost economic activities."
Wednesday, 11 Oct, 2023- Front Page
- Pure Politics
- ET Markets
- Smart Investing
- Learn more about our print editionMore
Blackstone Eyes Leading Role in Disney India ReelBlackstone, the world’s largest private equity firm, has initiated discussions with the Walt Disney Co to evaluate buying the media giant’s India streaming and television business, said people aware of the matter.
IMF Raises India’s FY24 Growth Forecast to 6.3%The International Monetary Fund (IMF) has bumped up India’s growth forecast for FY24 to 6.3% from 6.1% estimated earlier, hailing the country as one of the “growth engines in the world economy”.
India, UK may Ink FTA by Mth-endIndia and the UK are likely to sign a proposed free trade agreement (FTA) in the last week of this month. It will be New Delhi’s first such comprehensive deal with an industrialised nation, seeking to spur bilateral annual business beyond the current $20 billion.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
