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Monthly Archives: February 2023

Mahanadi Coalfields Ltd introduces VIHANGAM Drone Technology and Latest Safety Equipment

Mahanadi Coalfields Ltd (MCL), the premier CPSE under the Ministry of Coal has introduced drone technology in coal mines by launching a web- based portal VIHANGAM along with a drone and ground control system. The portal allows an authorised person to access real time drone video from the mine through a dedicated 40 Mbps internet lease line near the mines. There is ...

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28 Coal Mines Produce More than 100%

India’s overall coal production increased by 12.94% to 89.96 Million Ton (MT) from 79.65 MT during Jan’23 as compared to Jan’22. As per the provisional data of the Ministry of Coal, during Jan’23 Coal India Ltd (CIL) registered a growth of 11.44%, whereas SCCL and captive mines/others registered a growth of 13.93% and 22.89% respectively. Of the top 37 coal ...

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Union Budget to give a boost to exports and manufacturing

Union Budget 2023-24 has a slew of measures to give boost to exports and help accelerated growth of manufacturing in the country.  The indirect tax simplification and rationalization has a clear export-oriented focus. Following are highlights for export and manufacturing Sector: The Department of Commerce’s recommendation on lab grown diamond (LGD) has been accepted whereby the research grant of Rs. ...

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37.4% INCREASE IN CAPITAL EXPENDITURE TO 10 LAKH CRORE IN BE 2023-24

Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. Capital Investment as a driver of growth and jobs To ramp the virtuous cycle of Investment and job creation the budget took lead again by ...

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