As per International Energy Agency (IEA), India was the third largest coal producer in the world during 2016-17. There is no shortage of coal in the Country. As on 1.04.2018 the vendible stock of coal was 55.6 MT and as on 15.12.2018 coal stock was 22.93 MT with CIL. All India raw coal production has increased from 565.77 MT in ...
Read More »Monthly Archives: December 2018
Growth of Exports of MSME Products
The growth of exports of products manufactured by MSME units has been 7.5%, during the financial year 2017-18. This was informed by Giriraj Singh, MoS (I/C) for the Ministry of MSME, in the Lok Sabha today. The Minister further informed that the growth had been -5.9%, and 4.8% during 2015-16 and 2016-17 respectively. Giriraj Singh added that as per the ...
Read More »FDI on the increase
Foreign Direct Invest (FDI) has increased constantly from USD 45.15 billion in 2014-15 to USD 60.97 billion in 2017-18.This information was given by Minister of State for Commerce & Industry C. R. Chaudhary in a written reply in the Lok Sabha today. To boost the investment environment and to bring in foreign investments in the country, the Government has brought ...
Read More »Manual of Operating Practices for Trade Remedy Investigations and Handbook of Operating Procedures released by Commerce Minister
Union Minister of Commerce& Industry and Civil Aviation,Suresh Prabhu, released the first ever Manual of Operating Practices for Trade Remedy Investigations and Handbook of Operating Procedures of Trade Defence Wing, in New Delhi today. The Minister also released bilingual brochures and Trade Remedial Measures – Frequently Asked Questions, for use in outreach programmes aimed at familiarizing industry about antidumping measures, countervailing ...
Read More »Exports from SEZs at Rs. 3.33 lakh crore; Employment generation at 19.96 lakh persons
The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005. The SEZs Rules, 2006 came into effect on 10th February, 2006. The salient features of the SEZ scheme are:- A designated duty free enclave to be ...
Read More »9.99 lakh Candidates got Placement after Skill Training
The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) has two components known as Centrally Sponsored Centrally Managed (CSCM) being implemented by National Skill Development Corporation (NSDC) and Centrally Sponsored State Managed (CSSM) being implemented by State Skill Development Missions of the States/ UTs popularly known as State- Engagement Component of PMKVY (2016-20). Training under PMKVY 2016-20 is being imparted in National ...
Read More »Over 5,02,000 beneficiaries assisted under PMEGP
5,02,085 beneficiaries and projects have been assisted under the Prime Minister Employment Generation Programme (PMEGP) in 2018-19 (as on 30.11.2018) since its inception in 2008-09. This was stated by Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri Giriraj Singh while replying to a question in the Rajya Sabha today. In reply to another question, the ...
Read More »FAME-India Scheme
In order to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same, Department of Heavy Industry is implementing FAME-India Scheme- Phase-I [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] from 1st April 2015. The scheme, which was initially upto 31st April 2017, has been extended upto 31st March, 2019 or till Notification of ...
Read More »Solar Energy Production in the year 2018-19 was 21.365 Billion Units
Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 4. 2018-19 21.365 (as on ...
Read More »Policy for Regulation of E-Commerce
E-commerce activities are governed by a number of Regulations and Acts of the Government. Information Technology Act 2000 provides legal recognition for the transactions carried out by means of electronic data interchange and other means of electronic communication, which involve the use of alternatives to paper based methods of communication and storage of information. Ecommerce companies have to comply with ...
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