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Monthly Archives: December 2022

TRAI issues Telecom Tariff (69th Amendment) Order 2022

The Telecom Regulatory Authority of India (TRAI) has today issued Telecom Tariff (69th amendment) order 2022 on “Tariff for SMS and Cell Broadcast alerts disseminated through Common Alerting Protocol (CAP) platform during disasters/non-disasters”. Department of Telecom (DoT) has requested TRAI to provide tariff for SMS and Cell Broadcast alerts/messages to be disseminated by TSPs through CAP platform during disasters/non-disasters. DOT allows ...

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Export of total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22, registering a positive growth of 35.9%

Export of total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22, registering a positive growth of 35.9%. Out of this, export of Passenger vehicles including cars increased from 4,04,397 in 2020-21 to 5,77,875 in 2021-22, registering a positive growth of 42.9%, Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel said in ...

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Sustained Government efforts result in increasing the number of recognized Startups from 452 in 2016 to 84,012 in 2022

Sustained Government efforts in this direction have resulted in increasing the   number of recognized Startups from 452 in 2016 to 84,012 in 2022 (as on 30th November 2022), Minister of State for Commerce and Industry, Shri Som Parkash said in reply to a parliamentary question today. The Government with an intent to build a strong ecosystem for nurturing innovation and ...

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Department for Promotion of Industry and Internal Trade (DPIIT) recognizes 59,787 entities as startups in the last 5 years

In the last five years (years 2017, 2018, 2019, 2020 and 2021) 59,787 entities were recognised as startups by the DPIIT, Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash said in reply to a parliament question. Under Startup India Initiative, entities are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) as ...

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Centre’s reforms result in consistent increase of FDI inflow; FDI grows from US $ 45.15 billion in 2014-2015 to US$ 84.84 billion in 2021-22

The reforms taken by Government have resulted in increased Foreign Direct Investment (FDI) inflows in the country. FDI inflows in India stood at US $ 45.15 billion in 2014-2015 and have continuously increased since then, and India registered its highest ever annual FDI inflow of US$ 84.84 billion (provisional figures) in the financial year 2021-22, Minister of State for Commerce ...

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Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme gets extended to Chemicals, Pharmaceuticals and Articles of Iron & Steel from 15.12.2022

Taking a major step to boost exports, Centre today further expanded the scope of RoDTEP Scheme (Remission of Duties and Taxes on Exported Products) by including the exports made from the Chemical sector, Pharmaceuticals sector and exports of articles of iron & steel under chapters 28, 29, 30 and 73 of ITC(HS) schedule of items. The expanded list of items will be applicable ...

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Efficient Coal Transportation Measures

Rationalization of coal linkages is a policy initiative of Ministry of Coal in order to reduce the distance in transportation of coal from the coal mines to the consumer. Coal linkage rationalization in power sector has resulted in decrease in transportation cost from the mines to the power plants leading to more efficient coal base power generation. The exercise helps ...

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Augmenting Coal Production to meet Growing Demand

In India, transition away from coal is not happening in foreseeable future. Although India is pushing for renewable/non-fossil based energy, but the share of coal in the energy basket is going to remain significant in years ahead. India is augmenting its coal production for meeting its increasing energy needs. Total coal consumption in India is yet to peak. The Economic ...

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Varied Measures to Increase Coal Production

As per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty. Government of India does not interfere in this matter. However, Ministry of Power advised power plants on 28.04.2022 to import 10% of the ...

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Stepped up Coal Transportation Through Railways

Details of coal transported through railways in the past five years are given below:- YEAR Coal Loading (in Million Tonnes) 2017-18 555.20 2018-19 605.84 2019-20 586.87 2020-21 541.82 2021-22 652.80   Coal companies dispatch coal as per Freight on Board (FOB) basis and consumers have the liberty to lift coal in various modes such as rail, road and captive modes ...

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