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Monthly Archives: November 2019

Allocation of Power to States  

            Details of power generation from fuel sources (Thermal, Hydro & Nuclear) of 25 MW and above by the Central Generating Stations in the country during the last three years and current year i.e. from 2016-17 to 2019-20 (up to October, 2019) is given at Annexure-I. Also, details of Renewable Energy Generation data of Central ...

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World Class Railway Stations

Ministry of Railways have planned for redevelopment of railway stations through Indian Railway Stations Development Corporation Limited (IRSDC), Rail Land Development Authority (RLDA) and other Central Government agencies. All major stations on Indian Railways have been entrusted to these agencies for undertaking the techno-economic feasibility studies. Based on the outcome of the feasibility studies the stations are planned to be ...

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Facilities for New Start-Ups

Startup India Initiative was launched on 16th January 2016. The Startup India Action Plan with 19 Action Points intends to build a strong eco-system for nurturing innovation and startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The Action Plan is divided across the following areas: Simplification and Handholding Funding Support and Incentives ...

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Tax Exemptions to Indian Exporters

In the current Goods and Services Tax regime, exports are zero rated to ensure that the goods produced in India for exports are not disadvantaged due to the domestic tax burden and stay competitive internationally. Further, Under the Foreign Trade Policy, Duty Exemptions Schemes ensure that inputs imported/locally procured for use in the export products are either exempt from duties ...

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Industrial Corridors

Government of India has approved the development of following five industrial corridor projects to be implemented through National Industrial Corridor Development and Implementation Trust (NICDIT): S.No. Industrial Corridor States 1 Delhi Mumbai Industrial Corridor (DMIC) Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat, Maharashtra 2 Amritsar Kolkata Industrial Corridor (AKIC) Punjab, Haryana, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand, West Bengal 3 Chennai ...

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India – E29 are Beacons of Growth in a Slowing World; E29 gateway for Indian Products to Europe: Piyush Goyal

India and the countries of the Europe 29 region are beacons of growth in a slowing world. This was stated by Mr. Piyush Goyal, Minister of Commerce & Industry and Railways at the India – Europe 29 Business Forum has been organized by the Ministry of External Affairs, Government of India and Confederation of Indian Industry (CII) in New Delhi ...

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Company Law Committee-2019 submits its report to Finance Minister

The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the Companies Act, 2013 based on their gravity and to take other concomitant measures to provide further Ease of Living for corporates in the country. The report of the Committee was presented today to the Union Minister ...

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Dr Mahendra Nath Pandey confers the National Entrepreneurship Awards 2019 to  Enterprises and Ecosystem builders

Minister of Skill Development and Entrepreneurship Dr Mahendra Nath Pandey conferred the National Entrepreneurship Awards 2019 to Enterprises and Ecosystem builders here today. The fourth edition of the award ceremony was organized today to mark the completion of 5 years of setting up of the Ministry of Skill Development and Entrepreneurship in 2014. The awards aim to recognize and honour ...

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Steel Scrap Recycling Policy issued

Ministry of Steel has issued the Steel Scrap Recycling Policy. The policy aims to achieve the following objectives – ·  To promote circular economy in the steel sector. ·  To promote a formal and scientific collection, dismantling and processing activities for end of life products that are sources of recyclable (ferrous, non- ferrous and other non-metallic) scraps which will lead ...

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Heavy Industries & Public Enterprises Minister inaugurates new testing facilities at ICAT

Union Minister of Heavy Industries & Public Enterprises (HIPE), Arvind Sawant, inaugurated new testing facilities at International Centre for Automotive Technology (ICAT) today. A technology appreciation drive was also organized to bring out the technical advantages of hybrid electric vehicles as compared to conventional fuel vehicles. Speaking on the occasion, Arvind Sawant said that India should focus on the local ...

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