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Monthly Archives: March 2020

Mineral Production during January 2020 (Provisional)

        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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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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