A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Action Plan. Recognition of Startups Modification of definition of Startups in ...
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NALCO signs MoU for commercial scale nano based Emrion Deflouridation plants
After successful commissioning of first-of- its kind Defluoridation plant in the World using Nano based Emrion technology, the aluminium major National Aluminium Company Limited (NALCO) is all set for using this technology in commercial scale.It may be noted that NALCO has been using this technology in its Smelter Plant since February 2017 which has successfully addressed the endemic problem of fluoride contamination ...
Read More »Index of Eight Core Industries (Base: 2011-12=100) February, 2018
The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 123.1 in February, 2018, which was 5.3 per cent higher as compared to the index ...
Read More »Flexible Mode of Transportation of Coal
Coal is supplied to the Power Sector under Fuel Supply Agreement (FSA) as per the mode convenient to the Power Plant. For non-power consumers, a dispensation for change of mode from Rail to Road has been extended by CIL. In the second tranche of Linkage Auction for Non-regulated sector, 14.8 Million Tonnes of coal linkage was booked. Out of this ...
Read More »NAFED signs the debt settlement agreement with its eight lender banks
National Agricultural Cooperative Federation of India Ltd. (NAFED) signed the Debt Settlement Agreement with its eight lender banks at its Headquarter, New Delhi. The One Time Settlement with the lender banks has been made at Rs. 478 Crore with the cash payment of Rs. 220 Crore and assignment of sale rights of one of its prime properties located at Lawrence ...
Read More »Setting UP of Nuclear Plants
During the last three years and the current year, the Government has accorded administrative approval and financial sanction for construction of twelve (12) nuclear power reactors – ten (10) indigenous 700 MW Pressurized Heavy Water Reactors (PHWRs) to be set up in fleet mode & two (02) units of Light Water Reactors (LWRs) to be set up in cooperation with ...
Read More »Laying of New Railway Lines
Indian Railways is laying New Lines every year. Targets and progress in the last five years is as under: S.N Item 2013-14 2014-15 2015-16 2016-17 2017-18 1 Target (km) 300 300 500 400 402 2 Achievement(km) 360 380 813 953 354.4 (Feb’ 18) State-wise achievements are as under. SN States Progress of Completion of New Line ...
Read More »Location of coal mines and coal repositories
State-wise number of working coal mines across the country, State/UT-wise is given below: Sl. No. State Number of working coal mines 1 West Bengal 75 2 Jharkhand 140 3 MP 70 4 UP 4 5 Chhattisgarh 57 6 Maharashtra 60 7 Odisha 29 8 Assam 4 9 Telangana 47 10 Jammu & Kashmir 4 11 Meghalaya 3 Total 493 ...
Read More »Quality of coal produced by CIL
The methodology for auction for coal mines/blocks for sale of coal under the provisions of the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957 has been approved by the Government and Order in this regard has been issued on 27.02.2018. Auction of coal mines for sale of coal is expected to bring ...
Read More »E-Insurance Accounts: 15,21,907 accounts opened as on 15th March 2018
As per Insurance Regulatory and Development Authority of India (IRDAI), the number of customers who have opened e-insurance accounts as on 15th March 2018 are 15,21,907. However, e-insurance accounts are only for storing insurance policies in electronic form. These accounts are not designed to hold any funds which can be used to purchase new insurance policies. IRDAI has issued the “Revised ...
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