In 2017, CIL has done source rationalization of 12 state owned power plants based on the requests from these plants. The quantity rationalized was about 13 MT. The approximate potential annual savings in transportation cost by these power plants would be to the tune of Rs 774 crore, details of which are as under: Sr. No State/ Developer Power Plant ...
Read More »Author Archives: Indianindustry Media
Thirty-Nine thousand farmers benefitted from Jute procurement
A total of 3.46 lakh bales worth Rs. 190 crores have been procured by Jute Corporation of India (JCI) during the last two years benefitting around 39,000 farmers.Rs.100 crores have been approved for 2018-19 and 2019-20 for procurement operations by JCI. Government of India had sanctioned Rs. 204 crores for four years starting 2014-15 to enable JCI to be in ...
Read More »Development of Major Ports
The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that to make use of the complementarity between development of inland water transportation and major ports, under Section 111 of the Major Port Trusts Act, 1963, directions have been issued by the Government on 18th April, 2018 to five ...
Read More »Declaration of State Roads as NHs
The Minister of State for Road Transport and Shipping and Chemical & Fertilizers Shri Mansukh L Mandaviya in a written reply to a question in Lok Sabha today informed that the details of State Roads/ Highways declared as new NHs in the country during last three years and the current year are as follows- (Length in km) Sr. No. State ...
Read More »Expenditure on Construction of Highways and Roads
The Minister of State for Road Transport and Shipping and Chemical & Fertilizers Shri Mansukh L Mandaviya in a written reply to a question in Lok Sabha today informed that the allocation of funds and expenditure incurred for development of NHs / roads under the various schemes of the Ministry of Road Transport and Highwaysduring 2017-18 was Rs. 1,09,453.84 crore and Rs. ...
Read More »Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.63/2018-CUSTOMS (N.T.), dated 19th July, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that ...
Read More »Environment & Skill Development Ministries Sign MoU to train one lakh RAC Service Technicians
Emphasising that India is being globally lauded for its green initiatives and commitment to environment and climate change, Union Minister for Environment, Forest and Climate Change, Dr. Harsh Vardhan today said that Skill India is an endeavour by the Government to act as a catalyst in bringing about a change by skilling, up-skilling and re-skilling technicians to bring down the ...
Read More »India’s Footwear Industry has huge potential for export & employment generation: Suresh Prabhu
Indian footwear Industry has a huge potential for export and employment generation said Union Minister of Commerce & Industry and Civil Aviation. He was speaking at the inaugural programme of the 4th India International Footwear Fair 2018 (IIFF) at PragatiMaidan in New Delhi today. India will soon become a global hub for manufacturing of footwear to cater to growing demand. ...
Read More »Integrate to Innovate Programme for energy Startups
Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian startups through the Integrate to Innovate Programme. Integrate to Innovate is a 3-month corporate acceleration programme for energy startups housed at the corporate premises. The application for the programme is hosted on Startup India Hub – an online platform bringing together all stakeholders ...
Read More »Unearthing of Black Money
The Income-tax Department (ITD) takes appropriate action against black money which is an on-going process. Such action under the Direct Tax laws includes searches, surveys, enquiries, assessment of income, levy of penalties and filing of prosecution complaints before criminal courts, wherever applicable. Moreover, recognizing the limitations of the Income-tax Act, 1961 etc. in dealing with black money stashed abroad, the ...
Read More »