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Monthly Archives: February 2021

Cabinet approves Production Linked Incentive Scheme for Pharmaceuticals

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved Production Linked Incentive (PLI) Scheme for Pharmaceuticals over a period of Financial Year 2020-21 to 2028-29. The Scheme will benefit domestic manufacturers, help in creating employment and is expected to contribute to the availability of wider range of affordable medicines for consumers. The scheme is expected to ...

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Shri Pravas Kumar Singh takes oath as Member CERC

Shri R. K. Singh, Minister of State for Power (I/C) administered the Oath of Office and Secrecy to Shri Pravas Kumar Singh, Member, Central Electricity Regulatory Commission (CERC) here today. Shri Pravas Kumar Singh was appointed Member of CERC vide Order dated 16.12.2020. He holds LLB Degree. He has worked as Member (legal) in Jharkhand SERC till he was appointed ...

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12 companies selected for the prestigious National Technology Awards 2020 for commercialization of innovative indigenous technologies

A total of 12 companies have been selected for the National Technology Awards 2020 for commercialization of successful commercialization of innovative indigenous technologies. They have been selected under three categories –indigenous technologies, MSME, and startups. Every year, for furtherance of its mandate, TDB seeks applications for prestigious National awards for commercialization of technologies under these three categories. These awards conferred ...

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Shri Piyush Goyal dedicates 88 Railway projects to Nation worth more than Rs. 1000crore

Piyush Goyal, Hon’ble Minister of Railways, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Government of India inaugurated and dedicated a host of infrastructure projects, projects related to passenger amenities and facilities at various railway stations in Kerala, Tamil Nadu, Madhya Pradesh, West Bengal and Karnataka through video conferencing today. 88 Railway projects were dedicated to the Nation ...

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Union Minister for Mines, Shri Pralhad Joshi inaugurates production activity in two new iron ore mines of Odisha

Union Minister for Mines, Shri Pralhad Joshi and Chief Minister of Odisha, Shri Naveen Patnaik today, jointly inaugurated the production in two new iron ore mines of Odisha namely Jiling-Langlota Iron ore Block and Guali Iron ore Block. Both the mines have production capacity of 15 lakh tonnes per month and they possess approx. 275 million tonnes of consolidated iron ...

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16th Instalment of Rs.5,000 crore released to the States to meet the GST compensation shortfall.

The Ministry of Finance, Department of Expenditure has released the 16th weekly instalment of Rs.5,000 crore to the States today to meet the GST compensation shortfall. Out of this, an amount of Rs.4,597.16 crore has been released to 23 States and an amount of Rs.402.84 crore has been released to the 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu & ...

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Tariff Notification No. 16/2021-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), ...

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Index Numbers of Wholesale Price in India for the month of January, 2021

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of January, 2021 (Provisional) and for the month of November, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) ...

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INDIA’S FOREIGN TRADE FOR JANUARY 2021

India’s overall exports (Merchandise and Services combined) in April-January2020-21* are estimated to be USD 396.60Billion, exhibiting a negative growth of (-) 10.63per cent over the same period last year. Overall imports in April-January 2020-21* are estimated to be USD 398.47Billion, exhibiting a negative growth of (-) 22.80per cent over the same period last year. *Note: i) The latest data for ...

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Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and Combined for the Month of January 2021

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of January 2021 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all ...

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