In order to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same, Department of Heavy Industry is implementing FAME-India Scheme- Phase-I [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] from 1st April 2015. The scheme, which was initially upto 31st April 2017, has been extended upto 31st March, 2019 or till Notification of ...
Read More »Author Archives: Indianindustry Media
Solar Energy Production in the year 2018-19 was 21.365 Billion Units
Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 4. 2018-19 21.365 (as on ...
Read More »Policy for Regulation of E-Commerce
E-commerce activities are governed by a number of Regulations and Acts of the Government. Information Technology Act 2000 provides legal recognition for the transactions carried out by means of electronic data interchange and other means of electronic communication, which involve the use of alternatives to paper based methods of communication and storage of information. Ecommerce companies have to comply with ...
Read More »SEZ Policy review committee report
TheGovernment had constituted a Group of eminent persons under the Chairmanship of Baba Kalyani, Chairman M/s. Bharat Forge to study the Special Economic Zone (SEZ) Policy of India on 04.06.2018. The Group submitted its report to the Governmentlast month. The key recommendations of the Group are as under: Framework shift from export growth to broad-based Employment and Economic Growth (Employment ...
Read More »Coal Production
In 2018-19 (up to 30.11.2018), Coal India Limited (CIL) supplied 315.94 Million Tonnes (MT) of coal achieving a growth of more than 8% in coal supply to the power sector over the supply of 291.78 MT in the corresponding period of last year. Singareni Collieries Company Limited (SCCL) has supplied 35.04 MT of coal to power plants (up to 30.11.2018). ...
Read More »Revival of Exports
India’s overall exports (merchandise and services) have increased since 2016-17. During the current period 2018-19 (Apr-Sept), India’s overall exports registered a positive growth of 17.01% as compared to the corresponding period of previous year. The details of India’s overall exports for last three years and the current year are as follows: Years Value of Exports (US$ billion) % Change 2015-16 416.60 ...
Read More »Gas trading hub to be set up soon to allow easy and ready access to gas suppliers
The Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Shri Dharmendra Pradhan has said that Energy is a key driver of economic growth and thus, our Government’s focus has been to bring about transformational changes in the energy landscape of India to fulfil the twin objectives of energy justice and climate justice. Speaking at a Programme here ...
Read More »Major Ports register positive growth of 4.83%
The major ports in India have recorded a growth of 4.83% and together handled 461.21Million Tonnes of cargo during the period April to November, 2018 as against 439.96 Million Tonnes handled during the corresponding period of previous year.For the period from April- November 2018, Nine Ports Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered ...
Read More »New Vehicles to be Pre-Fitted with High Security Registration plates from April next Year
All new vehicles will be sold pre-fitted with High Security Registration Plates – HSRP from the 1st of April next year. The Ministry of Road Transport & Highways has notified amendments in Central Motor Vehicles Rules, 1989 to this effect. The notification mandates that the High Security Registration Plate including the third registration mark shall be supplied by the vehicle manufacturers along with ...
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 (CBIC) No.93/2018-CUSTOMS (N.T.), dated 15thNovember, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs (CBIC) ...
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Indian Industry Plus A Pratisrutiplus Suppliment