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Monthly Archives: January 2020

India’s Foreign Trade: December 2019

India’s overall exports (Merchandise and Services combined) in April-December2019-20* are estimated to be USD 397.48 billion, exhibiting a positive growth of 0.93 per cent over the same period last year. Overall imports in April-December 2019-20* are estimated to be USD 455.14 billion, exhibiting a negative growth of (-)5.82 per cent over the same period last year. *Note: The latest data ...

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Ministry of Coal Releases Discussion Paper on Auction of Coal Mines for Sale of Coal

Moving ahead after the recent amendments MMDR Act 1957 and the CMSP Act 2015,the Ministry of Coal is initiating the process for auction of coal mines for sale of coal.Expected to be held in multiple tranches, the first tranche is proposed to be launched in the current financial year. The Union Ministerfor Coal and Mines ShriPralhad Joshi said that this ...

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Quick Estimates of Index of Industrial Production and Use-Based Index for the month of November, 2019 (BASE 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 2019 stands at 128.4, which is 1.8 percent higher as compared to the level in the month of November 2018. The cumulative growth for the period April-November 2019 over the corresponding period of the previous year stands at 0.6 percent. 2.     The ...

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In-depth Review of India’s Energy Policies report launched

Shri Dharmendra Pradhan said the report’s findings are a vindication of the significant advances made in realizing the energy vision enunciated by Hon’ble Prime Minister In-depth Review of India’s Energy Policies report by International Energy Agency (IEA) was launched in New Delhi today by Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Steel, Shri Pralhad Joshi, Minister of ...

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Revamp of SEZ policy to meet challenges faced by exporters

Commerce & Industry Minister reviews implementation of recommendations of Baba Kalyani committee on SEZ Commerce and Industry & Railways Minister Piyush Goyal chaired a meeting yesterday in New Delhi to review the remaining recommendations of the Baba Kalyani report on Special Economic Zone (SEZ) policy of India. The meeting was attended by members of the Baba Kalyani group along with ...

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BEE Notifies New Energy Performance Standards for Air Conditioners

All Room Air Conditioners to have Default Temperature Setting of 24 Degrees Celsius from Jan 1, 2020 The Central Government in consultation with the Bureau of Energy Efficiency (BEE) has notified new energy performance standards for Room Air Conditioner (RACs) on 30th October 2019. The 240C default setting has been made mandatory from Jan 1, 2020 for all room air conditioners covered under the ambit ...

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800 FPOs registered on Farmer Connect Portal of APEDA

The Agri Export Policy was announced last year with an objective of doubling the export and ensuring doubling of farmers’ income. In order to achieve this objective, Agricultural and Processed Food Products Export Development Authority (APEDA) has been adopting a focused approach for ensuring greater involvement of the State governments for effective implementation of Agri Export Policy (AEP). Throughout the ...

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Finance Minister  releases Report of the Task Force on National Infrastructure Pipeline for 2019-2025

To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth ...

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