The index of mineral production of mining and quarrying sector for the month of January 2020 (Base: 2011-12=100) at 124.3, was 4.4% higher as compared to the level in the month of January, 2019. The cumulative growth for the period April- January, 2019-20 over the corresponding period of previous year has been (+) 1.0 percent. Mining ...
Read More »Monthly Archives: March 2020
7.1% CAGR recorded in trade with India’s FTA and PTA partner countries
An internal assessment of India’s bilateral Free Trade Agreements (FTAs) or Preferential Trade Agreements (PTAs) with Sri Lanka, Afghanistan, Thailand, Singapore, Japan, Bhutan, Nepal, Republic of Korea and Malaysia reveals that the cumulative average growth rate (CAGR) in trade with these partners over the last 5 financial years was 7.1%. While there has been growth rate in both imports from ...
Read More »CIPET to providing Skilling 5 Lakh persons and 5 Lakh industries in 2019-2024 period, against 3 Lakh each in previous 5 years: Shri. Gowda
Minister of Chemicals & Fertilizers Shri DV Sadananda Gowda informed the Members of Consultative Committee of his ministry that Central Institute of Plastics Engineering and Technology CIPET has made an ambitious plan of skilling of five Lakh persons as well as five Lakh Technology Support Service to the polymer industry during the period of 2019-24. During the period of 2014-19 ...
Read More »NTPC SIGNS AGREEMENT FOR PROVIDING FINANCIAL ASSISATNCE FOR SETTING UP 50 SANITARY PAD MINI MANUFACTURING UNITS IN ODISHA
NTPC signed an MoU with Common Service Centres (CSC) e-Governance Services India to support Stree Swabhiman Initiative in Odisha for setting up 50 Mini Manufacturing Sanitray Pad units in 18 districts of Odisha under CSR initiative. NTPC will be providing financial assistance to the tune of Rs 147 lakhs for setting up 50 Mini Manufacturing Sanitary Pad units under its ...
Read More »Infrastructure at Ports
The Ministry of Shipping is striving hard towards making its contribution in achieving the target of USD 5 trillion economy set by the Government. In this regard, 58 projects involving a cost of Rs. 49950 crore have been identified as part of National Infrastructure Pipeline (NIP) for infrastructure augmentation and development at major ports upto FY 2025. Three days ‘Chintan ...
Read More »New Textile Policy – 2020
Government is formulating a New Textile Policy for overall development of the sector. Inputs from all the state governments, individuals through e-portal and different associations are being solicited under broad topics like cotton, silk, jute, wool, man-made fibre, handloom, handicrafts, powerloom, technical textiles, technology & machinery upgradation, infrastructure (spinning, weaving & processing) and human resource development. Over a period of ...
Read More »Quick estimates of Index of Industrial Production and use-based Index for the month of January, 2020 (Base 2011-12=100)
The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of January 2020 stands at 137.1, which is 2.0 percent higher as compared to the level in the month of January 2019. The cumulative growth for the period April-January 2019-20 over the corresponding period of the previous year stands at 0.5percent. 2. The Indices ...
Read More »Major Port Authorities Bill 2020 Introduced in The Loksabha
Major Port Authorities Bill 2020 was introduced in the Loksabha by the minister of state for shipping (I/C) Shri Mansukh MANDAVIYA. The Billseeks to provide for regulation, operation and planning of Major Ports in India and to vest the administration, control and management of such ports upon the Boards of Major Port Authorities and for matters connected therewith or incidental ...
Read More »Parliament Passes The Mineral Laws (Amendment) Bill, 2020
Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed the bill today while Lok Sabha already passed this bill on 6th March, 2020. The Mineral Laws (Amendment) Bill, 2020, will open a new era in Indian coal & mining ...
Read More »Naveen Inaugurates 26 industrial projects
In the 9th phase of ground-breaking/inauguration of industrial projects Odisha Chief Minister, Naveen Patnaik in Bhubaneswar did the ground-breaking for 23 industrial units across various sectors and Inauguration of 3 industrial projects, worth a total of Rs. 5567.5 crores combined with the employment potential of 9168 peoples in the state. Aditya Birla Renewable is setting up Solar Power Plant for ...
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