Government says that it is firmly on course to achieve high growth of 8% plus as manufacturing, services and exports are back on good growth path. While GDP growth at 6.3% in the second quarter of 2017-18 signalled turnaround of the economy, growth in the second half is likely to remain between 7.2% to 7.5%. The Union Minister for Finance ...
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Small Finance Banks and Payment Banks to offer Atal Pension Yojana
Atal Pension Yojana (APY) is a Government of India’s Old Age Pension Scheme being implemented through all Banks across the country as per the mandate received from the Ministry of Finance and monitored periodically at PMO. The Prime Minister, Shri Narendra Modi had launched the Social Security Scheme on 9th May 2015 and dedicated the First Ever Guaranteed Pension Product to ...
Read More »India is the leading country in coconut production and productivity in the world: Shri Radha Mohan Singh
Union Minister for Agriculture and Farmers Welfare, Shri Radha Mohan Singh said that the Coconut Development Board’s (CDB) major schemes are focusing on coconut production, productivity, processing for coconut products, value addition, marketing, and export promotion in Bihar. The Minister said this today on the occasion of the inauguration of the Farmers’ Training Centre cum Regional Office Building of Coconut ...
Read More »Index of Eight Core Industries (Base: 2011-12=100) December, 2017
Index of Eight Core Industries(Base: 2011-12=100) December, 2017 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 129.1 in December, 2017, which was 4.0 ...
Read More »Economic Survey calls for Fiscal Federalism and accountability to avoid low equilibrium trap
Is there a low equilibrium trap if fiscal federalism is not achieved? This was the question posed by the Economic Survey 2017-18 tabled by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley in Parliament today. The Survey pointed out that low level of tax collections by the local Governments in rural areas is posing challenge in reconciling ...
Read More »Italian delegation shows interest in investing in Angul Aluminium Park
The prospect of rapid expansion in the Aluminium sector in Odisha, especially in the upcoming Angul Aluminium Park has attracted the attention of the visiting high level delegation team from Italy to set the platform for investment and collaboration with its counterparts in Odisha and India.The Aluminium Association of India (AAI) held the Indo-Italian Metal Hub seminar in NALCO Nagar, ...
Read More »STEEL: SUSTAINABLE GROWTH & MANAGEMENT OF ENVIRONMENT
While the Chinese steel sector is by far the largest in the world today, India is poised to occupy the next position in the near future. India now represents one of the fastest growing economies in the world and there has been a rapid growth of steel consumption and production. However, the strides on the steel manufacturing front need to ...
Read More »CSR Initiatiave JSPL improves lives through Responsible Industrialization
JSPL is concerned about the environmental impact of industrialization and therefore has taken adequate measures & adopted state- of- the- art environment friendly technologies available in the world. JSPL believes that sustainable local prosperity is a key indicator of holistic growth that any investment can trigger. Therefore, to improve the Quality of life of the local people, JSPL in partnership ...
Read More »12th Biennial International Conference & SPG India inaugurated
18 November 2017, Jaipur: The 12th Biennial International Conference & Exposition of Society of Petroleum Geophysicists (SPG) India was inaugurated by Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship at Jaipur today. The three days International Conference & Exposition of SPG India will remain open till 19th November 2017. During his second consecutive visit to SPG ...
Read More »Gadkari lays foundation stone for International Ship Repair Facility at Cochin
17 Nov 2017, Cochin: The Minister of Shipping, Road Transport & Highways and Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin, after laying the foundation stone for a Rs 970-crore International Ship Repair Facility (ISRF) for Cochin Shipyard Limited. The ...
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Indian Industry Plus A Pratisrutiplus Suppliment