The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that under Sagarmala Programme, 243 projects (cost: Rs. 142,989 crore) have been identified for enhancing the infrastructure at Indian ports upto 2035. Out of these 44 projects (cost: Rs.8549 crore ) have been completed and 79 projects (cost: ...
Read More »Yearly Archives: 2018
11,30,840 Permanent employees in PSUs
As per Public Enterprises Survey 2016-17 laid in Parliament on 13.03.2018, the total number of permanent employees employed in Central Public Sector Enterprises as on 31.03.2017 are 11,30,840 of which Managerial/Executives are 2,65,486. The total number of contract workers engaged by CPSE as on 31.03.2017 stood at 3,38,521. This information was given by Shri Santosh Kumar Gangwar, Union Minister of ...
Read More »Coal production in private sector
Coal production by private sector has increased from 32.55 MT in 2015-16 to 34.75 MT in 2017-18. The details of coal produced by private sector (company-wise/mine-wise) during the last three years and current year is given below: COMPANY WISE RAW COAL PRODUCTION DURING 2015-16 to 2017-18 [Quantity in Million Tonnes] Company Name of Captive Block 2015-16 2016-17 2017-18 (Provisional) ...
Read More »Measures to restrict the import of Gold
The Government has introduced the following measures to restrict the import of gold in the country: Imposition of restriction on duty free gold imports from the South Korea as allowed under the existing India-Korea CEPA. Imposition of self-use condition on Premiere Trading House and Star Trading House authorised to import precious metal (gold) directly from overseas bullion supplier (DGFT ...
Read More »Cotton Production and Exports
The Cotton Advisory Board (CAB) has estimated that during the current cotton season of October, 2017 to September, 2018, the export of cotton from India is likely to increase by 20% over last year and is expected to touch 70 lakh bales by September, 2018. From October, 2017 to April 2018, the total amount of cotton exported from India was ...
Read More »Over 550 startups mentored for incubation and funding support
For incubation and funding support more than 550 Startups have been mentored, 2,20,000 registrations have been achieved and over one lakh queries have been handled by the Startup India Hub as of June, 2018. Eighty incubation centers including Atal Incubation Centres and Established Incubation Centres have been selected for funding by the NITI Aayog in the second phase of Statrup ...
Read More »69,784 MW of renewable energy capacity has been installed in the country
In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity of around 11,887 MW was installed. Thus, renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges at present. There is no reliable formal institution which carries ...
Read More »Innovative Technology in Indian Automotive Sector
India is the 5th largest car manufacturer, 7th largest commercial vehicle manufacturer and largest manufacturer of two wheelers in the world. Indian auto industry has embraced global automotive technologies in vehicle as well as auto component industry and consequently, uses innovative manufacturing processes which are more people oriented as compared to a high degree of automation which is prevalent elsewhere in the ...
Read More »Measures to Recover Loan Amount from NPAs
Asset Quality Review (AQR) carried-out in 2015 for clean and fully Provisioned Bank Balance-Sheets revealed high incidence of Non-Performing Assets (NPAs). Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were reclassified as NPAs and provided for. Public Sector Banks (PSBs) initiated cleaning-up by recognising NPAs and provided for expected losses. As a result ...
Read More »Creating Income Generating Activities and Employment under Mudra Yojana
Pradhan Mantri Mudra Yojana (PMMY) provides access to institutional finance to unfunded micro / small business units by extending loans upto Rs.10 lakh for manufacturing, processing, trading, services and activities allied to agriculture, which help in creating income generating activities and employment. Overdraft facility upto Rs.5,000/- under Pradhan Mantri Jan Dhan Yojana (PMJDY) is also covered under PMMY. Number of loans sanctioned ...
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