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Yearly Archives: 2024

Registrations of Informal Micro Enterprises on Udyam Assist Platform cross 1.50 crore

Udyam Assist Platform was launched by the Ministry of Micro, Small and Medium Enterprises on 11th January 2023 to facilitate registration of Informal Micro Enterprises (IMEs) through generation of Udyam Assist Certificate. SIDBI is the implementing agency for the project. IMEs not having GSTN are allowed to register on Udyam Assist Platform. During the last 14 months, total registrations of IMEs ...

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Union Finance Minister Smt. Nirmala Sitharaman inaugurates first-ever National Conference of Enforcement Chiefs of the State and the Central GST Formations in New Delhi

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the first-ever National Conference of Enforcement Chiefs of the State and the Central GST Formations, in New Delhi, today. The conference provided one more step towards facilitating understanding and streamlining operations of the tax authorities in enforcement actions undertaken by different indirect tax authorities. Union Minister of State for ...

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Year of Exponential Growth of Coal CPSEs

Last one year, coal CPSEs have witnessed an exponential growth commensurate with their contribution to the economy of the country, which has been reflected in their Market capitalization, CAPEX and profitability. Market Capitalization Coal CPSE’s CIL & NLCIL have witnessed phenomenal growth in their core operation. This has boosted investors confidence in these PSUs stocks thereby leading them to their ...

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Coal Ministry’s Response to Allegations Raised Against Coal Auctions held in 2015

Recently, an article has been published in a section of media alleging that Union Government illegally barred West Bengal from coal auctions, benefiting a corporate. It is alleged that Coal Ministry disqualified West Bengal Power Development Corporation Limited (WBPDCL) from participating in auction of West Bengal based coal mines considering WBPDCL as a prior allottee and has not paid addition ...

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Historical Coal Production growth: Cheaper and Assured Availability

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of coal.  More than 70% of our power generation is contributed by Thermal Power Plants.  For growing economy, the requirement of power is fast increasing. The Indian coal sector has undergone radical changes during last 10 years. The all-encompassing strategy, evident in initiatives such as commercial ...

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Green growth and Green jobs to drive India’s journey towards the target of net zero carbon emission by 2070

Union Minister for Steel and Civil Aviation, Sh. Jyotiraditya M. Scindia, today (4 March, 2024) virtually inaugurated India’s 1st Green Hydrogen Plant in Stainless Steel Sector located at Jindal Stainless Limited, Hisar. The inauguration also witnessed the presence of Secretary, Ministry of Steel Sh. Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Sh. Abhyuday Jindal, Founder, Hygenco Sh. Amit Bansal,  and other officials ...

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Coal Production and Dispatch from Captive and Commercial Mines Goes up by 27% and 29% respectively during Current Fiscal upto February 2024

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch from captive and commercial. The total coal production and dispatch from captive and commercial coal mines during the period from 1st April to 29th February 2024 was 126.80 MT and 128.88 MT, marking an impressive increase of 27.06% and 29.14% respectively, as compared to the same ...

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Dr Mansukh Mandaviya Inaugurates 27 Greenfield Bulk Drug Park projects and 13 Greenfield Manufacturing Plants for Medical Devices under the PLI Scheme

Dr. Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield manufacturing plants for medical devices, here today. Addressing the gathering, Dr Mandaviya said, “Medicines are an essential requirement for any society. During the COVID-19 pandemic, the dangers of supply chain getting affected, the risks of ...

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Prime Minister Inaugurates Hindustan Urvarak & Rasayan Ltd (HURL) fertilizer plant in Barauni

Prime Minister Shri Narendra Modi inaugurated and dedicated to the nation the Hindustan Urvarak & Rasayan Ltd (HURL) fertilizer plant in Barauni today. The Prime Minister reminded about the starting of the Barauni fertilizer plant, a guarantee that was fulfilled today. “This is a huge achievement for the farmers of the country including those from Bihar”, he said. He said that the plants ...

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Union Minister Pralhad Joshi launches “Coal Logistics Plan and Policy”

Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi has launched a groundbreaking initiative, the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress with the patronage of the Ministry of Coal in Vigyan Bhawan, New Delhi Addressing the event, Shri Pralhad Joshi underscored the imperative need for efficient logistics to meet the ...

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