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Yearly Archives: 2021

Textiles Committee, Ministry of Textiles signs MoUwith M/s Nissenken Quality Evaluation Centre, Japan to boost export of Textile and Apparel to Japanese market Posted On: 27 JAN 2021 6:39PM by

A formal Memorandum of Understanding (MoU) signing ceremony was heldbetween Textiles Committee, Ministry of Textiles, Government of India and M/s. Nissenken Quality Evaluation Centre Japan,  through video conferencing here today. The Union Cabinet chaired by Hon’ble Prime Minister in its meeting held on 2nd September, 2020 had given the approval for signing of a Memorandum of Understanding (MoU)  between the two ...

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India signs Strategic Partnership Agreement with IEA

The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on 27th January, 2021 to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability.This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the ...

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Petroleum Minister Shri Dharmendra Pradhan calls for a new paradigm of clean energy;exhorts industry leaders to drive transformation

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today said that the Indian Oil and gas sector will play an important role in the making of an Aatmanirbhar Bharat,fulfilling not only domestic requirements but also meeting the global expectations. Speaking at the FIPI Awards 2020 ceremony, he said that We must ensure energy security for our ...

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Grant of Rs.12,351 crore released for Rural Local Bodies

The Department of Expenditure, Ministry of Finance has released an amount of Rs.12,351.5 crore to 18 States for providing grants to the Rural Local Bodies (RLBs).  This amount is the 2nd instalment of basic grants released in the financial year 2020-21. The grant has been released to 18 States who have provided the Utilisation Certificate for the first instalment and on ...

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Total FDI inflow of US$ 58.37 billion received during April to November, 2020

Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India. It has been the endeavor of the Government to put in place an enabling and investor friendly FDI policy. The intent all this while has been to make the FDI policy more investor friendly and remove ...

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Cabinet approved Minimum Support Price of Copra for 2021 season

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for the Minimum Support Price (MSP) of copra for 2021 season. The MSP for Fair Average Quality (FAQ) of milling copra has been increased,by Rs.375/-, to Rs. 10335/- per quintal for 2021 season from Rs. 9960/- per quintal in 2020. The MSP for ...

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Green tax to be imposed on older vehicles soon, to clean up the environment by phasing out unfit and polluting vehicles

The Union Minister for Road Transport and Highways Sh. Nitin Gadkari has approved a proposal to levy a “Green Tax” on old vehicles which are polluting the environment. The proposal will now go to the states for consultation before it is formally notified.  The main principles to be followed while levying the Green Tax are : Transport vehicles older than ...

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National Baseline Geoscience Data Generation Programmes (2020-2024)

To expedite exploration activities in the country, Geological Survey of India (GSI), has embarked upon an ambitious scheme to complete some major National level surveys by 2024: National Geochemical Mapping (NGCM), National Geophysical Mapping (NGPM), National Aero Geophysical Mapping Program (NAGMP). GSI is also going to adopt sophisticated deep penetration geophysical techniques such as Magneto-Telluric Surveys and Deep Seismic Reflection ...

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13th Instalment of Rs.6,000 crore released to the States to meet the GST compensation shortfall

The Ministry of Finance, Department of Expenditure has released the 13th weekly instalment of Rs. 6,000 crore to the States today to meet the GST compensation shortfall. Out of this, an amount of Rs. 5,516.60 crore has been released to 23 States and an amount of Rs. 483.40 crore has been released to the 3 Union Territories (UT) with Legislative Assembly ...

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Projects of Rs.10,657 crore in 27 States have been approved so far under the “Scheme for financial assistance to States for capital projects”

Madhya Pradesh has become the first State to get additional funds for capital projects for successfully carrying out reforms in various citizen-centric areas.  The Department of Expenditure, Ministry of Finance has allocated additional Rs.660 crore to the State for capital expenditure for undertaking the One Nation, One Ration Card Reforms, Ease of Doing Business Reforms, and Urban Local Bodies Reforms. ...

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