Foreign Trade Policy of the Government contains certain export promotion schemes which are primarily aimed at (i) providing customs duty exemption on import of capital goods for promotion of exports, (ii) providing customs duty exemption on raw materials, components and consumables for manufacturing goods for exports and (iii) providing compensation for neutralizing the disadvantages suffered on the goods and services ...
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Pharmaceutical and Export Promotion Council
Pharmaceutical Export Promotion Council of India (Pharmexcil) was set up by the Ministry of Commerce & Industry in 2004 with a mandate to promote Pharmaceuticals exports and is playing the role of a facilitator in promoting exports of pharmaceutical products. The Indian pharmaceutical industry, through participation in various trade events and fairs have been able to enhance its presence and ...
Read More »Growth in Manufacturing Sector
The growth of India’s Manufacturing Gross Value Added (GVA) and Gross Domestic Product (GDP) from the year 2005-06 at constant (2011-12) prices is given below: Growth rate (in per cent) of Manufacturing GVA and GDP at constant (2011-12) prices Year Growth rate of Manufacturing Growth rate of GDP 2005-06 9.3 7.9 2006-07 17.8 8.1 2007-08 7.0 7.7 2008-09 4.7 ...
Read More »Tea Gardens
At present, there are 1585 number of established tea gardens in the country. The names of the companies operating the tea gardens as per the Baseline Survey conducted in the year 2015 by the Tea Board is given in Annexure-1. The details of total number of permanent /temporary workers state-wise as per the Baseline Survey conducted by the Tea Board ...
Read More »Export of Grapes and its Products
The details of the quantum and value of grapes and its products exported from the country during the last three years and the current year are as under: Value in Million USD Item Description Quantity Unit 2016-17 2017-18 2018-19* 2019-20 (up to April-19)* Quantity Value Quantity Value Quantity Value Quantity Value GRAPES, FRESH OR DRIED KGS 231116861 309.32 231258830 341.88 ...
Read More »Steel Plants Operating under SAIL
Steel Authority of India Limited (SAIL) has five Integrated Steel Plants viz. Bhilai Steel Plant (BSP), Durgapur Steel Plant (DSP), Rourkela Steel Plant (RSP), Bokaro Steel Plant (BSL) and IISCO Steel Plant (ISP) and three Special Steel Plants viz. Alloy Steels Plant (ASP), Salem Steel Plant (SSP) and Visvesvaraya Iron and Steel Plant (VISP). The Saleable Steel production of these ...
Read More »Ministry of Skill Development & Entrepreneurship launches
Commemorating World Youth Skills Day on July 15, 2019 and celebrating 4th Anniversary of the Skill India Mission, the Ministry of Skill Development & Entrepreneurship has announced launch of “Kaushal Yuva Samwaad” (A Youth Dialogue). To be organized between 8th and 10th July 2019, Kaushal Yuva Samwaad is aimed at creating an open dialogue with the youth across all skill ...
Read More »Implementation of National Electric Mobility Mission Plan
The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. This plan has been designed to enhance national fuel security, to provide affordable and environmentally friendly transportation and to enable the Indian automotive industry to achieve global manufacturing ...
Read More »Commerce & Industry Minister Addresses International Conference on Quality Infrastructure
Union Minister of Commerce & Industry and Railways, Piyush Goyal, has called for giving thrust to quality so that India can be recognized for its superior products. Addressing anInternational Conference for Engineering Services on Quality Infrastructure for Clean & Sustainable Development in New Delhi today he expressed hope that India can be recognized world over not only for its comparative ...
Read More »Several tax proposals aim to promote investments in start-ups and sunrise industries in the country
PROMOTING INVESTMENTS Several of the tax proposals announced by the Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman, while presenting the Union Budget 2019-20 in Parliament today, are aimed at promoting investments in Sunrise Advanced Technology industries and in Start-ups. To boost economic growth and Make in India, a Scheme is to be launched to invite global companies ...
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Indian Industry Plus A Pratisrutiplus Suppliment