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Monthly Archives: March 2018

Flexible Mode of Transportation of Coal 

Coal is supplied to the Power Sector under Fuel Supply Agreement (FSA) as per the mode convenient to the Power Plant. For non-power consumers, a dispensation for change of mode from Rail to Road has been extended by CIL. In the second tranche of Linkage Auction for Non-regulated sector, 14.8 Million Tonnes of coal linkage was booked. Out of this ...

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NAFED signs the debt settlement agreement with its eight lender banks 

National Agricultural Cooperative Federation of India Ltd. (NAFED) signed the Debt Settlement Agreement with its eight lender banks at its Headquarter, New Delhi. The One Time Settlement with the lender banks has been made at Rs. 478 Crore with the cash payment of Rs. 220 Crore and assignment of sale rights of one of its prime properties located at Lawrence ...

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Setting UP of Nuclear Plants

During the last three years and the current year, the Government has accorded administrative approval and financial sanction for construction of twelve (12) nuclear power reactors – ten (10) indigenous 700 MW Pressurized Heavy Water Reactors (PHWRs) to be set up in fleet mode & two (02) units of Light Water Reactors (LWRs) to be set up in cooperation with ...

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Laying of New Railway Lines 

            Indian Railways is laying New Lines every year. Targets and progress in the last five years is as under:   S.N Item 2013-14 2014-15 2015-16 2016-17 2017-18 1 Target (km) 300 300 500 400 402 2 Achievement(km) 360 380 813 953 354.4 (Feb’ 18)   State-wise achievements are as under.   SN States Progress of Completion of New Line ...

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Location of coal mines and coal repositories 

State-wise number of working coal mines across the country, State/UT-wise is given below: Sl. No. State Number of working coal mines 1 West Bengal 75 2 Jharkhand 140 3 MP 70 4 UP 4 5 Chhattisgarh 57 6 Maharashtra 60 7 Odisha 29 8 Assam 4 9 Telangana 47 10 Jammu & Kashmir 4 11 Meghalaya 3 Total 493   ...

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Quality of coal produced by CIL 

The methodology for auction for coal mines/blocks for sale of coal under the provisions of the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957 has been approved by the Government and Order in this regard has been issued on 27.02.2018. Auction of coal mines for sale of coal is expected to bring ...

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E-Insurance Accounts: 15,21,907 accounts opened as on 15th March 2018 

As per Insurance Regulatory and Development Authority of India (IRDAI), the number of customers who have opened e-insurance accounts as on 15th March 2018 are 15,21,907. However, e-insurance accounts are only for storing insurance policies in electronic form. These accounts are not designed to hold any funds which can be used to purchase new insurance policies. IRDAI has issued the “Revised ...

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Goods & Services Tax (GST) collections 

The month-wise consolidated figures of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess collected by the Government since July 1, 2017 is as under:   (Amount in Rs. Crores) Month Collection August, 2017 93,590 September, 2017 93,029 October, 2017 95,132 November, 2017 85,931 December, 2017 83,716 January, 2018 88,929 ...

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Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns 

The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns. As on 31st December 2015, there were 15.19 lakh registered companies in India. Of these, 10.7 lakh companies were ...

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Roundtable of Invest India Held Today 

The Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, speaking at the Invest India Roundtable Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu chaired a roundtable of Invest India in New Delhi today. Various regulatory issues faced by Startups in the sectors of e-pharmacy, NBFCs, unmanned aerial vehicle and retail delivery of petroleum from door to ...

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