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Selected areas for SEZs 

There were 7 Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs prior to the enactment of the SEZ Act, 2005.  In addition, 416 proposals for setting up of SEZs in the country have been accorded formal approval under the SEZ Act, 2005.  Presently, 351 SEZs are notified, out of which 232 SEZs are operational.  States/Union Territories-wise details ...

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Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of June,2019 

The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of June,2019 rose by 0.2% to 121.5 (provisional) from 121.2 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 2.02% (provisional) for the month of June,2019 (over June,2018) as compared to 2.45% (provisional) for the previous month and 5.68% ...

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Misuse of Export Promotion Schemes 

Foreign Trade Policy of the Government contains certain export promotion schemes which are primarily aimed at (i) providing customs duty exemption on import of capital goods for promotion of exports, (ii) providing customs duty exemption on raw materials, components and consumables for manufacturing goods for exports and (iii) providing compensation for neutralizing the disadvantages suffered on the goods and services ...

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Pharmaceutical and Export Promotion Council 

Pharmaceutical Export Promotion Council of India (Pharmexcil) was set up by the Ministry of Commerce & Industry in 2004 with a mandate to promote Pharmaceuticals exports and is playing the role of a facilitator in promoting exports of pharmaceutical products. The Indian pharmaceutical industry, through participation in various trade events and fairs have been able to enhance its presence and ...

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Tea Gardens 

At present, there are 1585 number of established tea gardens in the country.  The names of the companies operating the tea gardens as per the Baseline Survey conducted in the year 2015 by the Tea Board is given in Annexure-1.  The details of total number of permanent /temporary workers state-wise as per the Baseline Survey conducted by the Tea Board ...

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Export of Grapes and its Products 

The details of the quantum and value of grapes and its products exported from the country during the last three years and the current year are as under: Value in Million USD Item Description Quantity Unit 2016-17 2017-18 2018-19* 2019-20 (up to April-19)* Quantity Value Quantity Value Quantity Value Quantity Value GRAPES, FRESH OR DRIED KGS 231116861 309.32 231258830 341.88 ...

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Implementation of National Electric Mobility Mission Plan 

The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. This plan has been designed to enhance national fuel security, to provide affordable and environmentally friendly transportation and to enable the Indian automotive industry to achieve global manufacturing ...

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Commerce & Industry Minister Addresses International Conference on Quality Infrastructure

Union Minister of Commerce & Industry and Railways, Piyush Goyal, has called for giving thrust to quality so that India can be recognized for its superior products. Addressing anInternational Conference for Engineering Services on Quality Infrastructure for Clean & Sustainable Development in New Delhi today he expressed hope that India can be recognized world over not only for its comparative ...

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Customs Duty on US Products 

The USA imposed a global additional tariff of 25% and 10% on import of steel and aluminum products in March, 2018. In response, Government of India has imposed retaliatory tariffs on 28 products originating or exported from the US with effect from 16th June, 2019 vide notification no. 17/2019-Customs dated 15th June, 2019 of Department of Revenue. The retaliatory tariffs are expected ...

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Reduction of Stake in PSUs 

As per the Public Enterprise Survey (PES), which is laid every year in both the Houses of the Parliament by Department of Public Enterprises (DPE), certain statutory corporations and all Government Companies in which more than 50% equity is held by the Central Government are classified as CPSEs. The Subsidiaries of these Companies in which any CPSE has more than ...

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