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Yearly Archives: 2020

Steps to facilitate the reduction of Steel imports

Government has taken following steps to facilitate the reduction of Steel imports,:- (i)         Steel Import Monitoring System (SIMS) for advance registration of steel imports. The objective is to help the Government and industry to identify the exact steel grades being imported into the country in order to plan domestic manufacturing, besides advance information about any surge in imports. (ii)   Issuance ...

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Production Capacity of Steel Plants

The details of steel plants in the country, along with their capacity, production and capacity utilisation, during April-July, 2020 are given at Annexure-I. Steel is a deregulated sector. The Government lays down the policy guidelines and establishes the institutional mechanism/structure for creating conducive environment for improving efficiency and performance of the steel sector. Annexure I State-Wise Details on Crude Steel for ...

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Banking facilities in rural areas

To ensure availability of banking outlet (Bank branch/Business Correspondent (BC), within 5 kilometers of all inhabited villages the Government has launched a Geographic Information System (GIS) based app., namely, Jan Dhan Darshak app (JDD app) developed by National Informatics Centre (NIC). This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a ...

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CCI approves acquisition of Nutrition & Biosciences, Inc. by International Flavors & Fragrances Inc.

The Competition Commission of India (CCI) approves acquisition of Nutrition & Biosciences, Inc. (“Spinco”) by International Flavors & Fragrances Inc. (“IFF”) under Section 31(1) of the Competition Act, 2002, today. The proposed combination relates to the acquisition of sole control by IFF, over the Nutrition & Biosciences business (“N&B Business”) of DuPont de Nemours, Inc. (“DuPont”), by means of acquiring ...

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HOCLget BIS Certification for all its products

Hindustan Organic Chemicals Limited (HOCL), a PSU under the  Ministry of Chemicals and Fertilizers has been granted  Bureau of Indian Standards – BIS certification for all its products. HOCL  has been a pioneer in the manufacturing of Chemicals since its inception and quality is its motto since then. The company is supporting and implementing the Make in India initiative of ...

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Production of Sail

Steel Authority of India Limited (SAIL) had undertaken Modernization and Expansion of its five Integrated Steel Plants at Bhilai (Chhattisgarh), Bokaro (Jharkhand), Rourkela (Odisha), Durgapur (West Bengal), Burnpur (West Bengal) and Special Steel Plant at Salem (Tamil Nadu) to enhance its Crude Steel capacity from 12.8 Million Tonne Per Annum (MTPA) to 21.4 MTPA. The Modernization and Expansion at the ...

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AM/NS India sets up six bed Covid Care Centre at Barbil

ArcelorMittal Nippon Steel India (AM/NS India), Odisha facility has established six-bed Covid Care Centre (CCC)at Ore Club, Barbilin Keonjhar. The CCC was inaugurated today by Dr.SoubhagyaRashmiRanjanSamal, Nodal Officer, Covid -19, Barbil in presence of Dr. Fakir Mohan Naik, Superintendent ofGovt. Community Health Center, Barbil, Mr. Ramakrishna Chinnamsetty, Head-Mining and Business Development,Mr. Sabyasachi Mohanty,COO- Mining, Mr. AjitPatra, Mines Manager, Mr. Vikas ...

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Union Transport Minister asks Industry to draft a 10-year Defect Liability tenure, use best international technologies for prompt Govt support

Union Minister for Road Transport & Highways and MSME Shri Nitin Gadkari has said that the policy of the government is to ensure reduction in road construction costs and improve its quality. Addressing the two-day Virtual Conference and Exhibition for the Bitumen and Road Construction – ‘BITU-CON 2020’, organized by FICCI today, Shri Gadkari said, the government is working on ...

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Dharmendra Pradhan dedicates 56 CNG stations to the nation

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today dedicated to the nation 56 CNG stations. These CNG stations are in 13 states and one UT-Chandigarh, Bihar, Gujarat, Haryana, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, West Bengal, and Andhra Pradesh. Speaking on the occasion, the Minister said that in the last 6 ...

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Capping of Rs 2 Crore for MEIS will not affect 98% of the exporters: Shri Goyal

Union Minister of Commerce and Industry Shri Piyush Goyal today met the Office-bearers of various Export Promotion Councils (EPCs), to discuss the issues concerning the country’s global trade, ground level situation, and problems being faced by the exporters. Shri Goyal has been holding a series of discussions with the EPCs, particularly since the lockdown. The Commerce Secretary Dr Anup Wadhawan, ...

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