At present, there are 58 projects in different States sanctioned by Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry under Industrial Infrastructure Upgradation Scheme (IIUS)/Modified Industrial Infrastructure Upgradation Scheme (MIIUS) based on the project proposals received from Special Purpose Vehicles(SPVs)/State Implementing Agencies (SIAs). However, no project has been sanctioned in Sheohar district of Bihar under IIUS. ...
Read More »Monthly Archives: December 2018
Performance of States on EODB
Sixteen States have implemented 75% or more of the 340 reforms based on Implementation Score in Business Reform Action Plan 2016.In Business Reform Action Plan 2017-18, 18 States have achieved a combined score (Reform evidence score and Feedback score) of more than 75%. TOP ACHIEVERS (ABOVE 95%) RANK STATE SCORE (%) 1 Andhra Pradesh 98.30 2 Telangana 98.28 3 ...
Read More »Establishment of NIMZs
National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) have been accorded final approval and 13 NIMZs have been accorded ...
Read More »Operational National Waterways in the Country
Out of the 111 National Waterways (NWs) declared under the National Waterways Act, 2016, 13 NWs are operational for shipping and navigation and cargo/passenger vessels are moving on them. The details of operational NWs are as follows: Details of Operational National Waterways Sl. No. National Waterway (NW) No. Length (km) Location (S) 1. NW-1: Ganga-Bhagirathi-Hooghly River System (Haldia – Allahabad) 1620 ...
Read More »Decisions taken by the GST Council in the 31st meeting held regarding GST rate on services
GST Council in the 31stmeeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions andclarificationson connected issues.The decisions of the GST Council have been presented in this note in simple languagefor easyunderstanding. The same would be given effect to through Gazette notifications/ circulars which shall have force of law. ...
Read More »New Settlement Rules of SEBI
SEBI has introduced the SEBI (Settlement Proceedings) Regulations, 2018 that have been notified on 30.11.2018 and will come into effect from 01.01.2019. On the date of commencement of these Regulations the existing SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014 shall stand repealed. In pursuit of the objectives of SEBI (to protect the interests of investors in securities and ...
Read More »Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.96/2018-CUSTOMS (N.T.), dated 6th December, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby ...
Read More »40 Workers Selected for Prime Minister Shram Awards for the Year 2017
The Government of India has decided to confer the Prime Minister’s Shram Awards for the year 2017 to be awarded to 40 workers employed in the Departmental Undertakings & Public Sector Undertakings of the Central and State Governments and Private Sector Units employing 500 or more workers in recognition of their distinguished performances, innovative abilities, outstanding contribution in the field ...
Read More »States’ Startup Ranking 2018 Announced Gujarat Ranked Best Performer Karnataka, Kerala, Odisha, And Rajasthan Top Performers
The Department of Industrial Policy and Promotion (DIPP) announced results of thefirst ever States’ Start-up Ranking 2018 at an event in New Delhi today. DIPP began this exercise from January, 2016. States have been identified as leaders across various categories such as Start-up policy leaders, incubation hubs, seeding innovation, scaling innovation, regulatory change champions, procurement leaders, communication champions, North-Eastern leader, ...
Read More »Commerce Ministry to set up trade promotion bodies in 15 countries – Suresh Prabhu
Union Minister of Commerce &Industry and Civil Aviation, Suresh Prabhu,said that the Ministry is examining the proposal to set up trade promotion bodies in 15 countries to promote exports of SMEs from India. Suresh Prabhu was speaking at the inaugural session of the 15th Global SME Business Summit in New Delhi today. The Ministerinformed the participants of the Summit about the ...
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