Indian Industry Plus A Pratisrutiplus Suppliment

The Index of Eight Core Industries (ICI) registered a growth of 5.1 per cent in May, 2019over May, 2018.The cumulative growth of these industries during April-May 2019-20 was5.7 per cent as compared to the  growth of 4.4 per cent during April- May2018-19. The growth rate for ICI for April 2019 has been revised upward to 6.3 per cent from 2.6 per centdue ...

A Committee was constituted by the Government for “Preparing a roadmap to reduce the dependency on import in energy by 10% by 2021-22”. The report submitted by Committee was accepted by the Government which envisages five-pronged strategy, broadly comprising of increasing domestic production of oil and gas, promoting energy efficiency and conservation measures, giving thrust on demand substitution, capitalizing untapped ...

National Aluminium Company Limited (NALCO), the Navratna CPSE under Ministry of Mines, Govt. of India, has been selected for the prestigious President’s Award for Excellent CSR. It may be mentioned that the Corporate Affairs Department, Govt of India, has selected NALCO for this award at the national level for introducing and implementing schemes like Nalco ki Ladli. Many social organizations have ...

Export incentive schemes of Ministry of Commerce & Industry are aimed at incentivising merchandise exports including steel. Over the last three years, steel imports from China have come down from 2.163 Million MT to 1.562 Million MT.  This is a result of imposition of Antidumping and Countervailing measures on Chinese steel imports. Steel being a deregulated sector, specific decision on ...

Article 279A (5) of the Constitution provides that Goods and Services Tax Council shall recommend the date on which goods and services tax shall be levied on petroleum crude, high speed diesel, motor spirit, natural gas and aviation turbine fuel. Thus while, petroleum products are constitutionally included under GST, the date on which GST shall be levied on such goods, ...

India has achieved a record high of USD 330. 07 billion of merchandise exports in the year 2018-19, registering a positive growth of 8.75% as compared to the previous year. Government has taken following steps to increase exports: A new Foreign Trade Policy (FTP) 2015-20 was launched on 1st April 2015. The policy, inter alia, rationalised the earlier export promotion schemes ...

No anti-dumping duty has been imposed recently on Indian shrimp exports by the United States of America. However, US had imposed anti-dumping duty on import of frozen warm water shrimps from certain countries, including India, in 2004, based on the representations of Southern Shrimp Producers Alliance, an association of local shrimp producers in USA. The Initial anti-dumping duty imposed by ...

Developmental and research activities for supporting natural rubber sector for the welfare of growers are carried out by Rubber Board through the scheme “Sustainable and Inclusive Development of Natural Rubber Sector” in the Medium Term Framework (MTF) (2017-18 to 2019-20).  The development activities include financial and technical assistance for planting, supply of quality planting materials, support for grower forums and ...

Review of Foreign Direct Investment (FDI) policy is an ongoing process and changes are made in the FDI policy regime, from time to time, to ensure that India remains an attractive investment destination. FDI in various sectors is allowed in a calibrated manner after having intensive consultations with stakeholders including concerned Ministries and Departments, State Governments, apex industry chambers, associations ...

NMDC in association with Chhattisgarh Govt. runs an education initiative named “Choo Lo Asman” for supporting students of Bastar region of Chhattisgarh for preparing them technically and academically competent to pursue higher studies in different disciplines like Engineering and Medical courses. To encourage and support the successful candidates from Bastar region of Chhattisgarh in the premier entrance examinations like IIT-JEE and ...