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HLCA clears investment proposals worth Rs. 2, 04,069 Cr

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

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Cabinet approves the Banning of Unregulated Deposit Schemes Bill, 2019 

The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the banning of Unregulated Deposit Schemes Bill, 2019.  It will replace the banning of Unregulated Deposit Schemes Ordinance, 2019. The banning of Unregulated Deposit Schemes Bill, 2019 will replace the Ordinance promulgated on 21st February, 2019, which will otherwise cease to operate after six weeks after reassembly of Parliament. ...

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Investment Policy 

The Government is constantly taking various initiatives to boost investment in the economy, including economically backward area, which, inter-alia, include; measures to improve ease of doing business, comprehensive reforms in the Foreign Direct Investment (FDI) Policy, various facilitation measures under the flagship programmes like Make-in-India, Start-up India, reduced Corporate Tax rate of 25 per cent for companies with turnover up ...

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TEAM ODISHA: MARCHING AHEAD FOR A BETTER TOMORROW

  Odisha is backed by a stable Government, Proactive leadership and host of team activities to make a conducive business climate. It has always endeavored to provide a hassle-free business environment to investors. To ensure this environment, a number of reforms have been carried out in Odisha. Dr. Sukanta Mishra, a reputed Management Consultant, has made the SWOT analysis of ...

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Projected Investment on full realization of PCPIRs is Rs. 7.63 lakh crore and employment generation is expected for around 33.96 lakh persons: Shri Rao Inderjit Singh 

Minister of State for Planning (IC) and Chemicals & Fertilizers, Shri Rao Inderjit Singh, in a written reply to a question on current status of implementation of Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) projects in India, in Lok Sabha today, informed that as per Detailed Project Reports (DPRs), the projected investment on full realization of PCPIRs is Rs. 7.63 lakh ...

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India’s Foreign Trade: March 2018 

India’s Foreign Trade: March 2018  India’s foreign Trade for April –March 2017-18 Merchandise (P) Services* (P) Merchandise + Services (P) Values in USD billions %Growth Values in USD billions %Growth Values in USD billions Exports 302.84 9.78 175.31 17.63 478.15 Import 459.67 19.59 105.65 19.74 565.32 Trade Balance -156.83 44.54 69.66 14.56 -87.17 Source: DGCI&S for Merchandise; for Services RBI ...

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RS. 569 Crores Invested in 120 Startups Generating 6515 Jobs 

A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Action Plan. Recognition of Startups Modification of definition of Startups in ...

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7th Global Economic Summit on Global Value Chains inaugurated

Integration of MSME sector with Global Value Chains requires the sector to focus more on innovation, be it product innovation or process innovation. For that to happen, steady supply of skilled human capital needs to be ensured to drive the experiments with new ideas. Besides to make the integration effective, availability of World Class infrastructure backed by State of Art ...

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Prime Minister inaugurates Global Investment Summit in Assam

The Prime Minister, Shri Narendra Modi, today addressed the inaugural session of Advantage Assam – Global Investors Summit 2018, in Guwahati. Welcoming delegates to the Summit, the Prime Minister said that the North-East is at the heart of the Union Government’s Act East Policy. The Act East Policy envisions increased people to people contact, trade ties and other relations with ...

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A record one Lakh Crore Rupees expected to be generated through disinvestment during the period 2017-18 Bank Recapitalization program will enable public sector banks to lend additional rupees 5 Lakh Crore

The Government has initiated efforts to generate funds as well as undertake banking sector reforms. The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitely, while presenting the General Budget 2018-19 in Parliament here today said that the Government has initiated the process of strategic disinvestment in 24 CPSEs including strategic privatization of Air India.     Highlighting the Government’s effort ...

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