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Yearly Archives: 2021

Rs 1,624 Crore subsidy support to indian shipping companies to promote flagging of merchant ships in India

Seven projects worth more than Rs 2,000 crore will be offered by the major ports on Public private partnership mode in FY21-22. This was stated by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting Union Budget 2021-22 in Parliament today. Major ports will be moving from managing their operational services on their own to a ...

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Govt. announces launch of Mega Investment Textiles Parks scheme to make Indian textile industry globally competitive

The Government has proposed a scheme of Mega Investment Textiles Parks (MITRA) to enable the textile industry to become globally competitive, attract large investments, boost employment generation and exports. Presenting the Union Budget  2021-22 in the parliament today, Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman said that this will create world class infrastructure with plug and play facilities ...

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Experts from central region discussed indigenization of technology, patent and IP rules for grassroot innovators at STIP consultation

Eminent Scientists, thought leaders, academicians, and industry experts of Central Indiahighlighted the need for indigenization of technology, focus on traditional medicine system like AYUSH, the role of states in reaching out on rural issues, patent and IP rules for grassroot innovators at the 4th STIP post-draft consultation titled “NitiCharcha” recently. “COVID 19 has brought a new dimension to science, technology, and innovation (STI) ...

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Details of Voluntary Scrappage Policy to be declared within 15 days : Nitin Gadkari

Union Minister for MSME and Road Transport & Highways, Sh. Nitin Gadkari has welcomed the Voluntary Scrappage Policy announced in the Union Budget, and said thatdeclaration of thedetails of the  policy will be done within 15 days from today. In his post-budget interaction with the media at his residence, Sh. Gadkari said that the scrappage policy will lead to new ...

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OPTCL INKS MOU WITH IIT BHUBANESWAR

Odisha Power Transmission Corporation Limited today signed an MoU with Indian Institute of Technology, Bhubaneswar for establishment of OPTCL Chair position in IIT Bhubaneswar in presence of Minister Energy,Govt. of Odisha Sri Dibya Shankar Mishra. Present on the occasion were Dr. Saurabh Garg, IAS Chairman OPTCL and Prof. R.V Rajakumar, Director, IIT, Bhubaneswar, Sri Sanjeev Singh,MD of OPTCL, Sri Trilochan ...

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First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation, 2019-20

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation for the financial year 2019-20 along with Second Revised Estimates for the financial year 2018-19 and Third Revised Estimates for the financial year 2017-18 (with Base Year 2011-12) as per the revision policy*. Earlier ...

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KVIC Distrubutes Charkha, Looms, Garment Machines to 2250 Artisans in West Bengal to Boost Local Employment

Khadi and Village Industries Commission (KVIC) rolled out a massive employment drive benefitting 2250 artisan families in Malda district of West Bengal on Friday. Aiming to create sustainable livelihood opportunities in the state, KVIC Chairman Shri Vinai Kumar Saxena distributed 1155 new model charkhas, 435 Silk Charkhas, 235 readymade garment making machines, 230 modern looms and 135 reeling basins to ...

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Consumer Price Index for Industrial Workers (2016=100) – December, 2020

All-India CPI for Industrial Workers (2016=100) for December, 2020 decreased to 118.8 points compared to 119.9 points for November, 2020. In percentage terms, it went down by 0.92% w.r.t. previous month mainly due to Food group items having a share of 39.17% in the total weight which recorded a fall of 3.16% between these two months. During the period, decrease ...

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Index of Eight Core Industries (Base: 2011-12=100) for December, 2020

The Office of The Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of December, 2020. 2. The combined Index of Eight Core Industries stood at 133.8 in December,2020, which declined by 1.3 (provisional) per cent as compared to the Index of December, 2019.Its cumulative growth during April to ...

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14th BSM conducted by Spices Board in FY 2020-21, covering Chili and Turmeric

India is the world’s largest exporter of chili and turmeric, the exports of which have recorded a steady progress, over the years. During 2019-20, India exported 4,84,000 tonnes of chili and chili products valued at Rs.6211.70 crores which contributed to more than 40 per cent in volume and 29 per cent in value of India’s total spice exports. Turmeric held ...

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