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Yearly Archives: 2021

Subrahmanyan appointed Chairman of National Safety Council

    Shri S. N. Subrahmanyan has been appointed Chairman of the National Safety Council for a period of three years. His experience is likely to guide the National Safety Council which has a major role to play to ensure safety in work places under new Occupational Safety, Health and Working Conditions Code, 2020 (OSH Code, 2020). The National Safety ...

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Four more States complete ease of doing business reforms; Get additional borrowing permission of Rs. 5,034 crore

So far, 12 States have implemented ease of doing business reforms and have got additional borrowing permission of Rs.28,183 crore Four more States namely, Assam, Haryana, Himachal Pradesh and Punjab have undertaken “Ease of Doing Business” reforms stipulated by the Department of Expenditure, Ministry of Finance. Thus, these State have become eligible to mobilise additional financial resources and have been ...

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Ministry of Ports, Shipping and Waterways issues finalized guidelines of Floating Structures

Ministry of Ports, Shipping and Waterways has finalized and issued the guidelines for floating structures, with a vision to set up world-class floating infrastructure all along the coastline, in the upcoming projects as per the provisions contained in the guidelines. The guidelines sets out various technical aspects for implementation of Floating Jetties / Platforms for Marinas, Minor Harbors, Fishing Harbours ...

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Introduction of New Trains

To facilitate passengers, Indian Railways, during the period 2018-19 & 2019-20, has introduced new services, as detailed below:- Year Trains introduced ( in single) 2018-19 266 2019-20 153 It is a continual endeavour of Indian Railways (IR) to upgrade train services and to provide improved facilities to the passengers. To this end, Indian Railways have introduced premium services like Vande ...

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Industrial parks and industries in the country

Industrial Park Scheme-2002, applicable for any undertaking which develops and operates, or, maintains and operates, an Industrial Park for the period beginning 1st day of April, 1997 and ending 31st day of March, 2006, was notified by the Department for Promotion of Industry and Internal Trade on 1st April, 2002. Data on Industrial Parks that have been established and functional in different States ...

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Secretary DPIIT says increase in FDI limit in Insurance Sector will have positive impact on the Indian Economy

Secretary, DPIIT, Ministry of Commerce and Industry, Dr. Guruprasad Mohapatratoday said that increase in  FDI limit from 49% to 74% in Insurance Companies announced in the Union Budget 2021-22  will have positive impact on the Indian economy. While briefing the media here, he said that under the new structure, the majority of Directors on the Board and key management persons ...

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Single Window Approval System for Industries

The Central Government is working on setting up a Single Window System for   clearances and approvals of industry in the country. Despite the presence of several IT platforms for investing in India such as in departments of the Government of India and State Single Window Clearances, investors need to visit multiple platforms to gather information and obtain clearances from different ...

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Startup India Seed Fund Scheme

Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22. It will be implemented with effect from 1st April 2021. The Scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. Rs. 945 Crore corpus will be divided over the next 4 ...

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Policy to boost Agricultural Exports

The Government introduced a comprehensive Agriculture Export Policy with the following vision: “Harness export potential of Indian agriculture, through suitable policy instruments, to make India a global power in agriculture, and raise farmers’ income.” Inter-alia, the objectives of the Agriculture Export policy are as under: To diversify our export basket, destinations and boost high value and value added agricultural exports, ...

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Union Budget 2021-2022 will further enhance the Investment Ecosystem in the country: DPIIT Secretary

Secretary (DPIIT), Dr. Guruprasad Mohapatra today said that  the Union Budget 2021 is aimed at restoring growth in the aftermath of heavy economic losses suffered by the country due to Covid-19 pandemic by enhancing the investment ecosystem in the country. Overall the  Budget 2021-22focuses on investment promotion, infrastructure development, leveraging private investments and encouraging social sector thus creating  a promising ...

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