Indian Industry Plus A Pratisrutiplus Suppliment

Make in India is an initiative which was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first ‘Vocal for Local’ initiatives ...

The Special Economic Zones (SEZs) policy was launched in April, 2000.  The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.  The SEZ Rules, 2006 came into effect on 10th February, 2006. The salient features of the SEZ scheme are:- A designated duty free enclave to be treated as ...

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), ...

The Ministry of Finance, Department of Expenditure has released the 19th weekly instalment of Rs. 2,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs. 2,103.95 crore has been released to 7 States and an amount of Rs. 0.05 crore has been released to the Union Territory of Puducherry. Till now, 96 percent ...

Union Minister for Micro, Small and Medium Enterprises, Shri Nitin Gadkari inaugurated a two-day Workshop on implementation of traditional artisan clusters under Scheme of Fund for Regeneration of Traditional Industries (SFURTI) at the Dr. Ambedkar International Centre in New Delhi on Tuesday. Minister of State for MSME, Shri Pratap Chandra Sarangi was also present on the occasion. Shri Gadkar inaugurated ...

NITI Aayog and Rocky Mountain Institute (RMI) India released a new report ‘Mobilising Electric Vehicle Financing in India’, which highlights the role of finance in the India’s transition to electric vehicles (EVs) and analyses that the transition will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, charging infrastructure, and batteries over the next ...

Indian Oil Corporation Limited (IOCL) and Odisha Industrial Infrastructure Development Corporation (IDCO) today signed an agreement and a Memorandum of Understanding (MOU) to developParadip Plastic Park. The MoU was signed on a hybrid mode, in the presence of Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan, Shri Naveen Patnaik, Chief Minister of Odisha and other dignitaries. Addressing ...

The Competition Commission of India (CCI) here today organised the Sixth National Conference on Economics of Competition Law through virtual mode. Shri N. K. Singh, Chairman, Fifteenth Finance Commission was the Keynote Speaker at the Conference. Mr Ashok Kumar Gupta, Chairperson, CCI, delivered the Special Address at the Inaugural Session and Dr. Sangeeta Verma, Member, CCI opened the Conference with ...

Minister of Steel and PNG Shri Dharmendra Pradhan has extended his congratulations to steel major ArcelorMittal-Nippon Steel India and Odisha Government for signing an MoU on 4th March, 2021 for setting up a 12 MT integrated steel plant in Kendrapada district of Odisha with an investment of ₹ 50000 crore. “This mega steel plant in Kendrapada will bring a new ...

India’s merchandise exports in February 2021 were USD 27.67 billion as compared to USD 27.74 billion in February 2020, a decrease of 0.25%.Exports during April-February2020-21 were USD 255.92 billion, as compared to USD 291.87 billion during the same period of last year, exhibiting a negative growth of 12.32%. India’s merchandise imports in February 2021were USD 40.55 billion, as compared to ...