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Monthly Archives: December 2019

India’s remarkable jump in World Bank’s Ease of Doing Business Report 2020

India ranks 63rd among 190 countries improving by 14 ranks from its rank of 77 in 2019. India has improved its rank in 7 out of 10 indicators and has moved closer to international best practices. The 2020 edition of the Report acknowledges India as one of the top 10 improvers, third time in a row, with an improvement of 67 ...

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Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of November 2019

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation is releasing CPI (Rural, Urban, Combined) on Base 2012=100 for the month of November 2019 in this press note. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for November 2019. All India Inflation rates (on point to point basis ...

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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of October, 2019 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of October 2019 stands at 127.7, which is 3.8 percent lower as compared to the level in the month of October 2018. The cumulative growth for the period April-October 2019 over the corresponding period of the previous year stands at 0.5 percent. 2.     The ...

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Allocation of 5 Coal Mines Approved

The Ministry of Coal, after a long gap of 4 years, has approved the allocation of five Coal Mines. This was the result of the electronic auction conducted by Ministry of Coal in first week of November 2019. The Ministry had initiated the auction processes for 27 coal mines for Non-Regulated sectors previously. The details of the five Coal Mines ...

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Trade with BRICS Nations

The percentage share of Intra BRICS trade to its global trade is 10.61% (2017). The details of intra BRICS trade is at Annex-I Table 1.  The country-wise details of India’s trade with BRICS nations for the last five years including current year is at Annex –I Table 2. The percentage share of India’s intra BRICS trade to its global trade ...

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Government mops up Rs. 203221 crore revenue from Coal India Limited since FY 2013-14: Shri Pralhad Joshi

The Government has collected Rs. 203221.12 crore in revenue from Coal India Limited (CIL) in the last six years beginning from financial year 2013-14 up to the last fiscal 2018-19, Union Coal Minister Shri Pralhad Joshi informed the Parliament . Of the total revenue received, the maximum of Rs. 44826.43 crore was mopped up in 2018-19. In 2017-18, the revenue ...

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Manufacturing Orders received by MSMEs

Under the Public Procurement Policy notified by the Ministry of MSME, the Central Ministries / Departments / Central Public Sector Enterprises (CPSEs) have to make at least 25% of annual procurement from Micro and Small Enterprises (MSEs) including 4% from MSEs owned by SC/ST and 3% from MSEs owned by Women. To monitor the progress of procurement made by the ...

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MSMEs contribute 29.7% of GDP and 49.66% of Indian exports

MSMEs contribute 29.7% of GDP and 49.66% of Indian Exports. Government has taken various initiatives to enhance the competitiveness of Micro, Small and Medium Enterprises (MSMEs) through schemes such as Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS), Micro and Small Enterprises – Cluster Development Programme, Procurement and Marketing Support and support for MSMEs to participate in international exhibitions ...

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EPF amount in public limited companies

Employees’ Provident Fund Organization (EPFO) is investing in Exchange Traded Funds (ETFs) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 Indices. EPFO does not invest in shares and equities of individual companies. The total amount invested by EPFO in ETFs as on September, 2019 is   Rs. 86,966 crore. The Central Board of Trustees (CBT), Employees’ ...

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Government to set up National Company Law Appellate Tribunal Bench in Chennai

In pursuance of judgement of Hon’ble Supreme Court, the Government has decided to set up a bench of National Company Law Appellate Tribunal (NCLAT) at Chennai. This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. Benches of National Company Law Tribunal ...

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