“We are one team and should work together to provide electricity connection to every poor household in India. Access to energy is a prerequisite for a poverty free India. Energy is the engine of growth and no country can ever develop with millions of its citizen living without electricity” said Shri RK Singh, Union Minister (IC) for Power and New ...
Read More »Author Archives: Indianindustry Media
KVIC Chairman launching e-marketing system- KIMIS.
The Khadi and Village Industries Commission (KVIC) today launched its, in-housedeveloped,single-umbrella e-marketing systemnamed Khadi Institution Management and Information System (KIMIS) in New Delhi. The system can be accessed from anywhere in the country for the sale and purchase of Khadi and Village Industries products. KVIC Chairman, Vinai Kumar Saxena, whileinauguratingthe KIMIS, said that it was the need of the hour ...
Read More »LIST OF STEEL PLANTS( ODISHA )TEMPORARILY CLOSED/STOPPED PRODUCTION
LIST OF STEEL PLANTS ODISHA TEMPORARILY CLOSED/STOPPED PRODUCTION SL NO COMPANY DISTRICT LOCATION Approved CAPACITY IN MTPA INSTALL CAPACITY IN MTPA CLOSE w.e.f 1 ACTION ISPAT AND POWER(P)LTD. JHARSUGUDA PANDIRIIPATHAR AND MARAKUTA 0.80 0.25 01.10.2016 2 DEEPAK STEEL & POWER LIMITED KEONJHAR TOPDIHI,BARBIL 0.25 0.25 2013-14 3 JAIN STEEL & POWER LIMITED JHARSUGUDA DURIAGA ...
Read More »Cabinet approves Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies (OMCs) to carry out the Ethanol Blended Petrol Programme- Revision of ethanol price for supply to Public Sector OMCs
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies (OMCs) to carry out the Ethanol Blended Petrol (EBP) Programme- Revision of ethanol price for supply to Public Sector OMCs. Now, CCEA has approved the following for the forthcoming sugar season 2018-19 during ...
Read More »Cabinet approves capital infusion in Export Credit Guarantee Corporation Ltd.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the capital infusion of Rs.2000 crore for strengthening of Export Credit Guarantee Corporation (ECGC). The amount would be infused in the three financial years i.e. Rs.50 crore in 2017-18, Rs.1450 crore in the year 2018-19 and Rs.500 crore for 2019-20. The infusion would enhance insurance ...
Read More »Cabinet approves establishment of additional 6.5MMT Strategic Petroleum Reserves at Chandikhol in Odisha and at Padur, Karnataka The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedestablishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations, i.e. Chandikhol in Odisha and Padur in Karnataka, including construction of dedicated SPMs (Single Point Mooring) ...
Read More »President Inaugurates Udyam Sangam-2018 to mark UN SME Day
President of India, Ram NathKovind, said that the MSME sector is leveraging the demographic dividend of the countryand promoting inclusive growth in rural and backward areas. He said that MSME sector accounts for around60% employment in India. He said that there are 6.5 crore MSME units across the country employing over 11 crore people and contributing over 10% growth which ...
Read More »Visa Exemption to Foreign Designers in Handicrafts Sector
Handicrafts sector has been exempted from minimum salary condition (Rs. 16.25 lakhs per annum) for grant of employment visa to foreign designers for a period of 2 years i.e. till 30.06.2020. Export Promotion Council for Handicrafts (EPCH) had sought the intervention of Union Minister of Textiles for getting the exemption from the minimum salary condition for grant of employment visa ...
Read More »6 more steel products brought under Quality Control order
In its commitment to ensure 100% quality regime in steel sector, Ministry of Steel has issued two Quality Control orders namely Steel and Steel Products (Quality Control) Order, 2018 and Stainless Steel Products (Quality Control) Order, 2018 vide Notification No S.O 2998 (E) and S.O. 2999 (E) respectively dated 20th June 2018. As a result, 16 more steel products have been brought ...
Read More »Private sector must play key role in exploration of the deep seated minerals
The Union Government has allowed 100 per cent Foreign Direct Investment (FDI) in the mining sector and exploration of metal and non-metal ores under the automatic route, which will propel growth of this sector. Addressing the 7th India Minerals and Metals Forum in New Delhi today Joint Secretary Ministry of Mines, Mr Anil Kumar Nayak said Power and cement industries are ...
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