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Yearly Archives: 2020

Finance Minister announces short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors

Hon’ble Prime Minister announced a Special economic and comprehensive package of Rs 20 lakh Crore – equivalent to 10% of India’s GDP on 12th May 2020. He gave a clarion call for Aatmanirbhar Bharat or Self-Reliant India Movement. He also outlined five pillars of Aatmanirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand.Announcing the 2nd Tranche of measures to ameliorate ...

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Index Numbers of Wholesale Price in India (Base: 2011-12=100) for April, 2020

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Wholesale price Index (WPI) for the month of April, 2020. In view of the limited transactions of products in the wholesale market in the month of April, 2020, due to spread of Covid-19 pandemic, it has been decided to release the Price Movement of selected ...

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KVIC comes forward to hand-hold local production

The Khadi and Village Industries Commission (KVIC) has geared up to Prime Minister Shri Narendra Modi’s call to become “vocal for local” and further making it “global”. A day after the Prime Minister’s appeal for encouraging local products, the KVIC issued a slew of guidelines to expedite the implementation of projects under the flagship program PMEGP. KVIC Chairman, Shri Vinai ...

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Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19

During the press conference here today, Union Minister of Finance & Corporate Affairs Smt. NirmalaSitharaman said in her opening remarks that Prime Minister Shri NarendraModihad laid out a comprehensive vision in his address to the Nation yesterday. She further said that after spending considerable time, the Prime Minister has himself ensured that inputs obtained from widespread consultationform a part of ...

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PM Modi announces special economic package worth Rs 20 lakh crore to kick-start economy

Prime Minister Shri Narendra Modi addressed the nation today. Recalling those who have died battling the pandemic, Prime Minister said that the crisis that has emerged due to COVID-19 is unprecedented, but in this battle, we not only need to protect ourselves but also have to keep moving forward. Talking about the pre and post COVID worlds, Prime Minister observed ...

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Amid lockdown HIL (India ) limited eying big orders from African countries

Despite enormous logistic and other challenges posed by COVID-19 lockdown, HIL (India) limited, a PSU under Department of Chemicals & Petrochemicals, Ministry of Chemicals and Fertilizers, is making all efforts to ensure adequate supply of insecticides to   farmer community in the country and at the same time eying big export orders of DDT from African countries. HIL  has written letter ...

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Quick Estimates of Index of Industrial Production and Use-Based Index for the month of March, 2020 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) is released on 12th of every month (or previous working day) with a six weeks lag and compiled with data received from source agencies, who in turn receive the data from the producing factories/establishments. In view of the global COVID-19 pandemic and consequent nationwide lockdown measures implemented since March, 2020, the data ...

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Shri Nitin Gadkari emphasizes on Agro, Fishing and Forest MSMEs for manufacturing products using local raw material

Union Minister for MSME and Road Transport and Highways Shri Nitin Gadkari has emphasized on exploring Agro MSME, Fishing MSMEs, and Forest MSMEs for manufacturing products using local raw material. Shri Gadkari said this today while addressing a meeting via video conferencing with the representatives of Chamber of Indian Micro, Small and Medium Enterprises and the Institute of Cost Accountants ...

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NTPC units of Orissa scales up its efforts to fight the Covid 19  pandemic in association with District Administration .

In pursuance to the fight against COVID-19 pandemic, NTPC units of Odisha has come forward to extend help to Govt. of Odisha. GOO has made it mandatory for everyone to wear mask, if going out of their homes. In this connection, NTPC-Darlipali has come forward to support the Sundargarh & Jharsuguda District Administration by providing large number of face/nose masks ...

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DRDO develops UV Disinfection Tower

Defence Research and Development Organisation (DRDO) has developed an Ultra Violet (UV) Disinfection Tower for rapid and chemical free disinfection of high infection prone areas. The equipment named UV blaster is a UV based area sanitiser designed and developed by Laser Science & Technology Centre (LASTEC), the Delhi based premier laboratory of DRDO with the help of M/s New Age ...

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