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India to Improve the Time Standard with Rs 1 Billion Project

The government is currently looking forward to launch a project to improve the IST. It is a move to improve the timing synchronization and accurate dissemination of the time. This 1 Billion Rupees project is expected to leave a 'significant impact' on the growth of the nations. Direct influence would be experienced by the banking, telecommunications, weather, disaster management and automatic signalling fields.