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Monthly Archives: December 2022

Paradip Port achieves another milestone by handling highest ever cargo traffic of 6,49,730 Metric Tonnes in a single day

Paradip Port achieved another milestone by handling highest ever cargo traffic of 6,49,730 Metric Tonnes in a single day on 14th December 2022. While congratulating Team PPA on this stupendous performance, Shri P.L.Haranadh, Chairman, PPA has also offered his heartfelt thanks to all Stakeholders for their constant support and immense contribution. This is to be noted that after dredging of ...

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Roundtable of Secretary, M/o Food Processing Industries with Central Ministries and Government Departments on activities related to IYOM & Mega Food Event 2023

Secretary, Ministry of Food Processing Industries, Smt Anita Praveen chaired a roundtable interaction with senior officials from central ministries and departments on 15th December, 2022 at Vigyan Bhawan Annexe, New Delhi. This was the third session in the series of roundtable interactions which are being held with key stakeholders such as major agri-food companies, resident commissioners of States and UTs. The ...

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Silk Samagra-2 scheme successful in achieving an increase of raw silk export from India to other countries

Ministry of Textiles provide financial assistance under National Handloom Development Programme through various components including Cluster Development Programme.  Under the scheme, need based financial assistance is provided on receipt of complete proposals as per the guidelines from State Governments for implementation of various interventions like upgraded looms & accessories, lighting units, workshed, design and product development, marketing support etc. Since ...

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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:- i. A Project Development Cell (PDC) has been ...

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Iron Ore Production

The Government has not limited the expansion of mines by amending the renewal of licences rule in the Mineral Concession Rules in the country including Rajasthan. Rather, a uniform lease period of 50 years has been prescribed to ensure certainty in mining lease period. The Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act, 1957] was amended with effect ...

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Efforts to Curb Illegal Mining

The Government has vested power in the State Governments for enacting laws to check illegal mining. Section 23C of Mines and Minerals (Development and Regulation) Act (MMDR Act) 1957, empowers the State Governments to frame rules to prevent illegal mining and the State Governments may, by notification in the Official Gazette, make such rules for preventing illegal mining, transportation and ...

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India Post Payment Bank

India Post Payments Bank (IPPB) is a scheduled payment bank offering a range of products such as savings and current accounts, remittances and money transfer, direct benefit transfer, bill and utility payments, enterprise & merchant payments and Aadhar Enabled Payment System (AePS). These products and related services are being offered across multiple channels e.g. Counter Services, Micro – ATM, Mobile ...

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WPI based inflation is 5.85% (Provisional) for November, 2022 (over November, 2021) against 8.39% recorded in October, 2022

The annual rate of inflation based on all India Wholesale  Index (WPI) number is 5.85% (Provisional) for the month of November, 2022 (over November, 2021) against 8.39% recorded in October, 2022. Decline in rate of inflation in November, 2022 is primarily contributed by fall in prices of food articles, basic metals, textiles, chemicals & chemical products and paper & paper ...

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Development Programmes under CSR Funds of Coal India Ltd

Development programmes in the peripheral areas of coal mines are undertaken through the Corporate Social Responsibility (CSR) funds. As per CSR policy of Coal PSU, CIL, at least 80% of the CSR funds every year have to be spent within a radius of 25 kms. of mines/project sites/establishments by subsidiaries of CIL. The key areas covered are Healthcare & Nutrition, ...

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Enhanced Coal Production & Supply to Power Sector

There is no coal shortage in the country. The all India coal production in the year 2022-2023 (upto November’22) was 524.2 Million Tonne (MT) (provisional) in comparison to 448.1 MT during the same period of last year with a growth of about 17%. Similarly, the supply/dispatch of coal in the country during 2022-2023 (upto November’22) was 558.24 MT (provisional) in ...

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