Indian Industry Plus A Pratisrutiplus Suppliment

Ministry of Coal has started Commercial Auction of coal mines on revenue share basis. In order to arrive at the revenue share based on market prices of coal, one National Coal Index (NCI) was conceptualized. The NCI is a price index which reflects the change of price level of coal on a particular month relative to the fixed base year. ...

The Mineral Laws (Amendment) Act, 2020 was enacted to amend the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] and the Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. The amendments in the Acts enabled following. (i) Allocation of coal blocks for composite prospecting license-cum-mining lease which will help in increasing of the inventory of coal, lignite blocks ...

The Total number of hospitals and dispensaries, including Dispensary cum Branch Office (DCBO), run directly by the Employees’ State Insurance Corporation (ESIC) across the country, are 49 and 92 respectively.  The list of the number of ESI beneficiaries state wise including the state of Punjab is given below: The ESI Corporation has decided to provide access to non-insured persons/ common ...

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Shei Surender Kumar Gupta resident of New Delhi on charges of availing and passing on fake input tax credit by way of receipt/issuance of invoices without any actual supply of goods or services. It is apparent from the investigation conducted till date, that Shri Surender ...

Indian Navy’s largest war game – the biennial Theatre Level Operational Readiness Exercise (TROPEX 21) – which commenced in early January, is currently underway with participation of all operational units of Indian Navy including ships, submarines, aircraft as well as units of the Indian Army, Indian Air Force and Coast Guard.  The exercise will culminate by third week of February. ...

The Competition Commission of India (CCI) approves acquisition by Bank of India (“BOI”) of BOI AXA Investment Managers Private Limited (“BOIAXA IM”) and BOI AXA Trustee Services Private Limited (“BOIAXA TS”) under Section 31(1) of the Competition Act, 2002, today. The proposed combination involves the acquisition of 49 % of the total share capital of BOI AXA IM & BOI ...

The Competition Commission of India (CCI) approves subscription to securities of Ecom Express Private Limited by CDC Group plc. The proposed combination envisages subscription tosecurities of Ecom Express Private Limited(Ecom) by CDC Group plc. (CDC). CDCis a Development Finance Institution, wholly owned by the UK Government, which provides capital to private sector entrepreneurs in developing countries. Ecom, a company incorporated ...

Packaging serves as the interface between users and logistics companies and efficient and sustainable packaging is the key to environmentally sustainable logistics. Packaging deserves greater attention from improving the overall logistical efficiency perspective.In a consultation meeting organised by the Logistics Division of the Ministry of Commerce and Industry on 9thFebruary, Shri Pawan Agarwal, Special Secretary (Logistics) made the above observations. ...

India’s exports of cereals – rice, wheat and coarse cereals witnessed an impressive rise during first three quarters of 2020-21 financial year. As per the data during April-December, 2020, the exports of cereals rose to Rs 49,832 crore from Rs 32,591 crore (4581 US$ million) reported during the same period in the previous year. The exports of cereals witnessed a ...

The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi today accorded approval to the proposal of the Department of Fertilizers for Grant-in-aid of Rs.100 crore to Brahmaputra Valley Fertilizers Corporation Limited (BVFCL), Namrup (Assam) to sustain operations of it’s urea manufacturing units. BVFCL, Namrup is a Public Sector Undertaking formed as per Companies Act, under the ...