Plan to create marketing of trees planted by farmers for revenue
With the constant rise in demand of traditional and tribal handicraft products, India has become one of the largest handicraft exporting countries.
In the two preceding financial years, Odisha handloom fetched the lowest exports of Rs 0.09 crore each.
The outlook revision to Stable from Negative reflects ICRA's expectation that passenger traffic is expected to surpass pre-COVID levels in the ensuing 12-month period (Sep-22 to Aug-23), he said.
Elevated ATF prices, rupee depreciation likely to pose threat to domestic carriers' recovery: Report
In India, ATF accounts for around 45 per cent of the operational cost of an airline. Besides, as much as 35-50 per cent of the airlines' operating expenses are US dollar driven, as per ICRA.
The minister was answering to a question by Kendrapara MP Anubhav Mohanty on whether the quality and capacity of artisans is getting affected due to design intervention and updated tech.
The awards were given for the year 2018 and 2019 for folk paintings, beads craft, sculpture, terracotta, pottery, embroidery among others, it said.
The centres will come up at bamboo clusters in Deogarh (Bamparada), Sambalpur (Sambalpur town), Boudh (Sindurapur in Kantamal block) and Koraput (Boipariguda block).
However, operators' debt coverage metrics are expected to marginally weaken in FY23 from FY22 levels.
The trade deficit majorly burgeoned on account of high coal imports, which witnessed a growth of 242%, followed by gold and petroleum at 169% and 94.2%, respectively.
ICRA predicts participation in the auction to be about Rs 1.0-1.1L cr, in which upfront payment is likely to be Rs 10K cr
Indian corporates like the Hiranandani Group, Adani Group, and foreign investors which include Amazon, EdgeConnex, Microsoft, CapitaLand, Mantra Group have started investing in Indian data centres.
Even the gross value added (GVA) at basic prices (at constant 2011-12 prices) in Q4 FY2022 seems to have eased to 2.7 per cent from 4.7 per cent in Q3 FY2022, it said.
Biggest upside risks to inflation and growth come from the runaway fuel prices and impact of the war. If the war does not de-escalate in the near term, the impact will be much farther than anticipated
It also said that rising ATF prices due to ongoing geo-political issues linked to the Russia-Ukraine conflict continue to evolve as a major threat to the recovery process.
Centre collects Rs 27.9 as excise duty on every litre of petrol and Rs 21.80 on diesel, which is still higher than the pre-pandemic levels.
Mathew Kurian, Vice President, ICRA, said: "The sharp recovery in demand in the aftermath of Covid has improved pricing flexibility, particularly in completed projects."
The Indian aviation industry on Sunday crossed the mark of 4-lakh domestic air passengers a day for the first time since the onset of the Covid-19 pandemic.
Shunned by in-laws, Madhumita started a journey which has seen her start her own establishment which provides livelihood to 180 tribal women, reports Mukesh Kumar
Domestic air passenger traffic up 59 per cent in FY22, 40 per cent lower than pre-pandemic level: ICRA
Airlines' capacity deployment for March 2022 registered a growth of 12 per cent at 80,217 departures as compared to over 71,548 departures clocked in the same month of last year.