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Monthly Archives: May 2022

Paradip port project for deepening and optimisation of inner harbour facilities to be developed at estimated cost of Rs 3,004.63 crore

Ministry of Ports, Shipping and Waterways aims for robust investor confidence by underpinning strong vision and leadership from long term strategic infrastructure plan including a pipeline of investable projects that are economically, socially and environmentally sustainable and practically deliverable. One of those visionary initiatives is capital intensive project at Paradip port which will transform the port into a world-class modern port ...

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10% blending with imported coal mandatory for Private generators who bid for coal and sell power in the exchange

Power Ministry has directed CEA to determine the eligible quantity of domestic coal for the power plants using coal under Shakti B(viii) (a) taking into account 10% imported coal for blending which is equivalent to about 15% of domestic coal in energy terms. Shakti B (viii) (a) is the window for power plants having untied capacity to bid for coal, ...

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EPCH Participates in INDEX DESIGN FAIR 2022 at Dubai, UAE

Export Promotion Council for Handicrafts (EPCH) set-up an exclusive Handicrafts of India pavilion along with member exporters in Index 2022 – Design Fair from 24 – 26 May, 2022. The EPCH India pavilion was Inaugurated by Dr. Aman Puri Consul General, Consulate General of India at Dubai in the presence of Shri  Rajesh Kumar Jain – Member COA EPCH, Shri Abhishek ...

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Power Ministry issues directions to domestic coal-based plants with PPA through tariff-based bids

Power Ministry has issued directions to Gencos using the powers under Section 11 of the Act today in the light of current circumstances due to sharp increase in electricity demand. Ministry has stated that with soaring power demand and power shortage in some areas, the generation needs to be maximised. The ministry has added that despite efforts to increase the ...

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New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

The Government has approved New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during 15th Finance Commission Cycle(2021-22 to 2025-26). The scheme aims at enhancing the competitiveness and productivity of Micro & Small Enterprises by undertaking interventions such as: Common Facility Centers (CFCs): The central government grant will be restricted to 70% of the cost of ...

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Minister of State for Commerce & Industry Smt. Anupriya Patel launches Indian Business Portal – e-commerce marketplace

Union Minister of State for Commerce & Industry Smt. Anupriya Patel launched the Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers here today. FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers. This is a B2B digital marketplace to empower ...

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Ministry of Coal with the support of Power, Steel and Mines Ministries organizes National Mineral Congress in Bhubaneswar

The Ministry of Coal organized the National Mineral Congress in Bhubaneswar today with the support of Power Ministry, Steel Ministry and Mines Ministry. Addressing the Congress through virtual mode, Shri Anil Kumar Jain, Secretary, Ministry of Coal, wished all success to the National Mineral Congress and hoped to get valuable outcome through the deliberations of the stakeholders. Addressing the National ...

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Notification issued pertaining to base premium for third party insurance for unlimited liability

The Ministry of Road Transport and Highways, in consultation with the Insurance Regulatory and Development Authority of India, has published Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 vide notification dated 25.05.2022. The rules shall come into force on 1st June, 2022. In the said rules, base premium for third party insurance for unlimited liability  has been ...

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Import of Paper brought under Compulsory Registration from 1st October

The import policy of major paper products has been amended from ‘Free’ to ‘Free subject to compulsory registration under Paper Import Monitoring System’. A notification to this effect has been issued by DGFT  This order shall be applicable on a range of paper products, such as newsprint, handmade paper, wallpaper base, duplicating paper, coated paper, uncoated paper, Litho and offset ...

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NALCO BREAKS SEVERAL PAST RECORDS FY 21-22 NET PROFIT ZOOMS 2.27 TIMES TO RS. 2,952 CRORE

 National Aluminium Company Limited (NALCO), the Navratna CPSE, under the Ministry of Mines, Government of India,has surpassed several milestones in its journey of business excellence during the Financial Year 2021-22. Showing robust performance across all its business units, the company has posted its best-ever annual production and sales in FY21-22, registering highest ever revenue from operations and highest ever net ...

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