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Monthly Archives: December 2018

Export of Oil meal and Oil meal Products 

There has been no decline in India’s export of oilmeals during the last three years and the current year.   Soybean meal constitute major share (more than 60%) in export of all oilmeals. Merchandise Exports from India Scheme (MEIS) on export of soyabean meal has been increased to 10% from 7%  from 13th July, 2018.  MEIS is available at the rate of  ...

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Demand of Spices 

The demand of spices from India has increased by an annual growth of 5%. The export of spices from India has also increased. The details of spices exported from India during last 3 years are given below:   Year Quantity of spices exported from India ( in tonnes) Value (Rs in lakhs) 2015-16 8,43,255 1623823 2016-17 9,47,790 1766461 2017-18 10,28,060 ...

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Effective Disaster Management in Mines to Boost Mineral Production

            On 29th December 2018, I came across heart breaking news in the media that, the Indian Air Force and Navy have joined the operation to rescue fifteen mine workers trapped since 13th December in a flooded coal mine in Meghalaya. This is an illegal coal mine functioning without any safety measures. This tragedy has made the nation ...

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Steel Production and Export 

Export and import are dynamic situation which keep fluctuating based on factors like cost of raw material, exchange rate, domestic demand, international price of steel, inventory stocking/destocking, demand in global market and competitiveness. India’s exports declined by 23.1 percent to 0.598 million tonnes as shown under:   Total Finished Steel (alloy/stainless+ non-alloy) Export (mt) Year Qty %change over last year ...

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3,217 Million US$ received as FDI in Renewable Energy Sector  Renewable Energy Capacity reaches about 74GW as on 30/11/2018 

The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as under: – Sl No Year FDI in US$ million 1 2015-16 Apr-Mar 776.51 2 ...

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Bids for setting up of Wind Power Projects of over 8000 MW Capacity Finalised 

The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. (NTPC), as detailed in Annexure-II. Besides, ...

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Public Enterprises Survey 2017-18 tabled in Parliament 

The Public Enterprises Survey 2017-18 on the performance of Central Public Sector Enterprises, brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, was tabled in both the Houses of Parliament today. There were 339 Central Public Sector Enterprises (CPSE) in 2017-18, out of which 257 were in operation. Remaining 82 of the CPSEs were ...

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Sale of Electoral Bonds at Authorized Branches of State Bank of India with effect from 01.01.2019 to 10.01.2019. 

The State Bank of India (SBI), in the VII Phase of sale of Electoral Bonds, has been authorized to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list enclosed) w.e.f. 01.01.2019 to 10.01.2019. It may be noted that Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to ...

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Growth of Leather Industry 

Leather Industry occupies a prominent place in the industrial map of the country. India is the second largest producer of footwear, 2nd largest exporter of Leather Garments, 5th largest exporter of Leather Goods and 3rdLargest Exporter of Saddlery and Harness items. Uttar Pradesh and Maharashtra are major production and export centres of leather, leather products and footwear.  According to membership records of ...

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Promotion of Manufacturing Sector 

The growth of manufacturing sector as measured by the Index of Industrial Production (IIP) with base year 2011-12, has been consistently increasing over the past three years and the current year. Growth rate (in per cent) of manufacturing sector, as per Index of Industrial Production Year 2015-16 2016-17 2017-18 2018-19 (April-October) (Provisional) Growth 2.8 4.4 4.6 5.6 Source : Central ...

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