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Yearly Archives: 2024

Empowering Entrepreneurs: Grants for Food Processing Units

Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of Food Processing Industries through its Central Sector schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) Scheme, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally Sponsored – Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) Scheme across the country. These schemes are not region or ...

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Tele-Density and Wi-Fi Speed in the Country

The tele-density in each State as on 30.06.2024 is given in Annexure. The percentage of the population covered by mobile network is 99.21 per cent and the percentage of population covered by at least a 3G mobile network is 99.0 per cent as on 31.05.2024. The Wi-Fi speed experienced by subscribers depends on various factors, including Wi-Fi network standards, Internet Service Provider ...

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TRAI achieves key milestone in ensuring SMS traceability for secure messaging

The Telecom Regulatory Authority of India (TRAI) has successfully implemented a framework to ensure the traceability of all commercial SMS, a major step towards creating a safer and spam-free messaging ecosystem. This initiative marks a significant milestone in TRAI’s ongoing efforts to safeguard consumers from spam while enhancing the transparency and accountability of commercial messaging systems. Under this framework, all ...

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Reduction in Coal Import in India

India, despite possessing the fifth-largest coal reserves globally, faces a significant shortfall in certain coal types, particularly coking coal and high-grade thermal coal, which are not adequately available from domestic sources. This gap in supply necessitates coal imports to sustain key industries, including steel production, and to meet the growing energy demand. Coal imports during April-October period of FY 2024-25 ...

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ULIP launch simplifies industry access to data through API-based integration 

Under the National Logistics Policy 2022, various actions have been undertaken to overcome key challenges like integrated development of the Logistics Sector, on boarding of the States and UTs, standardisation of assets, digitalisation of processes etc and to improve the logistics efficiency in the country. These are enumerated below: Sectoral Plan for Efficient Logistics (SPEL) in Coal sector have been ...

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Pharmaceuticals & Medical Devices Bureau of India has partnered with the Cooperative sector to open Jan Aushadhi Kendras through Primary Agriculture Cooperative Societies to increase access to medicines in rural areas

To increase access to medicines in rural areas, the Pharmaceuticals & Medical Devices Bureau of India, the implementing agency of PMBJP has partnered with the Cooperative sector to open Jan Aushadhi Kendras through Primary Agriculture Cooperative Societies (PACS). Till 30th November 2024, more than 2690 PACS have been given initial approval and 687 Kendras have been opened in PACS. The ...

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6 new urea units with a production capacity of 12.7 Lakh MT each have been set up under New Investment Policy to facilitate fresh investment in the urea sector

The recommendations of the Standing Committee on Chemicals and Fertilizers regarding reduction of GST on micronutrients and raw materials was taken to 53rd GST Council which has referred the matter to the Group of Ministers (GoM) on Rate Rationalisation for a holistic view. Under New Investment Policy (NIP), to facilitate fresh investment in the urea sector and to make India self-sufficient, 6 ...

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SAIL and John Cockerill India sign MoU to drive innovation and green steel technologies

Steel Authority of India Limited (SAIL), a Maharatna and India’s largest public sector steel producer, signed a Memorandum of Understanding (MoU) with John Cockerill India Limited (JCIL), the Indian arm of the global John Cockerill Group in Mumbai. This MoU aims to leverage the combined strengths of the two companies, including cutting-edge technologies, extensive industry expertise and a shared vision ...

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Steps taken by Government of India to address the issue of addiction of children to online games

The Government is cognizant of the risks posed by online gaming and potential harms like addiction. The policies of the Government of India are aimed at ensuring a safe, trusted and accountable Internet for its users. To address various socio-economic concerns in online games like addiction, Ministry of Electronics and Information Technology (MeitY) after extensive consultations with relevant stakeholders, has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics ...

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INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR OCTOBER, 2024

The combined Index of Eight Core Industries (ICI) increased by 3.1per cent (provisional) in October, 2024 as compared to the Index in October, 2023.The production of Coal, Refinery Products, Steel, Cement, Electricity and Fertilizers recorded positive growth in October 2024. The details of annual indices, monthly indices and growth rates are provided at Annex I andAnnex II. The ICI measures the ...

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