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Monthly Archives: August 2022

Exchange Rate Notification No. 66/2022 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 64/2022-Customs(N.T.), dated 21st July, 2022 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each ...

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Cargo Movement at Ports

The percentage of cargo handled at different Major Ports, Port-wise during the last five years are given at Annexure – I.            The container tonnage handled at Visakhapatnam Port during 2021-22 was 85,83,000 tonnes whereas JNPA and Mundra Ports handled 6,90,92,000 tonnes and 8,90,98,000 tonnes respectively during the same period. Further, all the ports have facilities to handle different types of ...

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50 million EXIM containers handled under Logistic Data Bank project

NLDSL-NICDC Logistics Data Bank’s LDB Project has achieved a milestone of handling 50 million EXIM containers since its inception six years ago. Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal congratulated the entire team of NLDSL for achieving the milestone. Sh. Amrit Lal Meena, Chairman NLDSL, said that NLDSL is striving ...

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12.7 percent increase in Index of Eight Core Industries for June, 2022

The combined Index of Eight Core Industries increased by 12.7 per cent (provisional) as compared to the Index of June 2021. The production of Coal, Cement, Electricity, Refinery Products, Fertilizers, Steel, and Natural Gas industries increased in June 2022 over the corresponding period of last year. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, Crude ...

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Overall share of goods exports in GDP increased to 13.3% in 2021-22 from 10.9% in 2020-21

The share of exports of goods and services in GDP has increased from 18.7% in 2020-21 to 21.4% in 2021-22. The details of exports of goods and services and Gross Domestic Product (GDP) at current prices, and percentage share of India’s exports in GDP for the last five financial years (latest available data) are as follows:   S.No. Year India’s ...

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Investment in Steel Sector

Steel being a de – regulated sector, the Government acts as a facilitator, by creating enabling environment for development of the sector. National Steel Policy, 2017 has mission to provide environment for attaining “self sufficiency” in steel production by providing policy support and guidance to steel producers. Further, the action taken includes the following:- A Project Development Cell (PDC) has ...

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Treatment of Mine Water

As per Rule 41 of the Mineral Conservation and Development Rules (MCDR), 2017, leaseholders are required to take all possible precautions to prevent or reduce the discharge of liquid effluents from mines into surface water bodies, ground water aquifer and useable lands. The effluents are required to be suitably treated to conform to the prescribed standards laid down in this ...

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Illegal mining of beach sand minerals

Ministry of Mines has invited comments/suggestions of the stakeholders viz, Central Government Ministries/Departments, States Governments and Union Territories, mining industry stake-holders, industry associations, general public, and other persons and entities concerned on the proposal to remove certain atomic minerals including beach sand minerals in Part B of the First Schedule of the Mines and Minerals (Regulation & Development) [MMDR] Act, ...

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As per the information available on Sambandh Portal (as on 28.07.2022), the details of procurement by various Central Government Ministries/Departments, including the Central Public Sector Undertakings (CPSUs), which have reported their procurement from Micro and Small Enterprises (MSEs), since the year 2017-18 are given below : Year Procurement by Central Government Ministries/Departments/Public Sector Enterprises from MSEs (Rs. In Crore) 2017-18 ...

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GST Revenue collection for July second highest ever & 28% higher than the revenues in the same month last year

The gross GST revenue collected in the month of July 2022 is ₹1,48,995 crore of which CGST is ₹ 25,751 crore, SGST is ₹ 32,807 crore, IGST is ₹ 79,518 crore (including ₹ 41,420 crore collected on import of goods) and cess is ₹ 10,920 crore (including ₹ 995 crore collected on import of goods). This is second highest revenue since introduction of GST. The government ...

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