Sales, production and job opportunities in Khadi sector are showing an increasing trend since the last three years: (Rs. in crore and Employment in lakh persons) Sl.No. Particulars 2015-16 2016-17 2017-18 I. PRODUCTION A Khadi (incl.Polyvastra) 1158.44 1520.83 1626.66 B Village Industries 33331.78 41110.26 46454.75 Total-I 34490.22 42631.09 48081.41 II. SALES A Khadi (incl.Polyvastra) 1663.98 2146.60 2510.21 B Village Industries ...
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Rs. 94,726 crore of total gross GST revenue collected in the month of December
The total gross GST revenue collected in the month of December, 2018 is Rs. 94,726 crore of which CGST is Rs. 16,442 crore, SGST is Rs. 22,459 crore, IGST is Rs. 47,936 crore (including Rs. 23,635crore collected on imports) and Cess is Rs. 7,888 crore (including Rs. 838 crore collected on imports). The total number of GSTR 3B Returns filed for the month of November up to 31st December, 2018 is 72.44 lakh. The government has settled Rs. 18,409 ...
Read More »Agri Export Zones
The concept of Agri Export Zone (AEZ) was introduced in 2001, through EXIM Policy 1997-2001, to take a comprehensive look at a particular produce/product located in a contiguous area for the purpose of developing and sourcing the raw materials, their processing/packaging, leading to final exports. The concept hinged primarily on convergence of existing Central and State Government schemes to take ...
Read More »Trade Across Borders
The details of India’s land trade with countries sharing borders with India, through trading points along different borders,in 2017-18 are given below: Values in USD million Country Exports from India through land borders Imports to India through land borders Total bilateral trade through land borders Afghanistan* NIL 307.06 307.06 Pakistan 263.22 235.06 498.28 China 1.81 1.35 3.16 Nepal 6384.42 ...
Read More »Cashew Exports
Vietnam is a major supplier of cashew kernel and is a competitor to India. Industry has reported that processing cost in India can be attributed to a variety of factors like increased wage cost, lower output of cashew kernel, domestic and international demand-supply situation which increase the processing cost. Details of Export of Cashew Kernel from India between CY 2013 ...
Read More »Export of Oil meal and Oil meal Products
There has been no decline in India’s export of oilmeals during the last three years and the current year. Soybean meal constitute major share (more than 60%) in export of all oilmeals. Merchandise Exports from India Scheme (MEIS) on export of soyabean meal has been increased to 10% from 7% from 13th July, 2018. MEIS is available at the rate of ...
Read More »Demand of Spices
The demand of spices from India has increased by an annual growth of 5%. The export of spices from India has also increased. The details of spices exported from India during last 3 years are given below: Year Quantity of spices exported from India ( in tonnes) Value (Rs in lakhs) 2015-16 8,43,255 1623823 2016-17 9,47,790 1766461 2017-18 10,28,060 ...
Read More »Effective Disaster Management in Mines to Boost Mineral Production
On 29th December 2018, I came across heart breaking news in the media that, the Indian Air Force and Navy have joined the operation to rescue fifteen mine workers trapped since 13th December in a flooded coal mine in Meghalaya. This is an illegal coal mine functioning without any safety measures. This tragedy has made the nation ...
Read More »Steel Production and Export
Export and import are dynamic situation which keep fluctuating based on factors like cost of raw material, exchange rate, domestic demand, international price of steel, inventory stocking/destocking, demand in global market and competitiveness. India’s exports declined by 23.1 percent to 0.598 million tonnes as shown under: Total Finished Steel (alloy/stainless+ non-alloy) Export (mt) Year Qty %change over last year ...
Read More »3,217 Million US$ received as FDI in Renewable Energy Sector Renewable Energy Capacity reaches about 74GW as on 30/11/2018
The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as under: – Sl No Year FDI in US$ million 1 2015-16 Apr-Mar 776.51 2 ...
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