Indian Industry Plus A Pratisrutiplus Suppliment

Commerce Secretary, Ministry of Commerce and Industry, Dr Anup Wadhawan today said that the Budget for 2021-22 extensively and comprehensively envisages several initiatives and areas of focus, aimed at enhancing India’s overall competitiveness and manufacturing capacities, which would enable growth, diversification and technological enhancement of India’s exports. These cover both ease of doing business in the area of approvals and ...

The Department for Promotion of Industry and Internal Trade (DPIIT) has released the rankings of States and Union Territories (UTs) under State Reform Action Plan (SRAP), 2019 on 05.09.2020. The Action Plan included 187 reform points covering 12 business regulatory areas, viz., Access to Information & Transparency Enablers, Labour Regulation-Enablers, Construction Permit Enablers, Single Window System, Sector Specific, Inspection Enablers, ...

Make in India initiative was launched on September 25, 2014 with the objective of facilitating investment, fostering innovation, building best in class manufacturing infrastructure, making it easy to do business and enhancing skill development. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a ...

After a steep decline in March and April 2020, the overall growth rate of production of eight core industries started showing signs of recovery since May 2020.  The sector-wise and month-wise details of growth rate in the eight core industries since November 2019 are at Annex-I. The production of eight Core industries has been adversely affected by the Covid-19 pandemic ...

To promote Foreign Direct Investment (FDI), the Government has put in place an investor-friendly and enabling policy, wherein many sectors are open for 100% FDI under the Automatic route. The intent is to make the FDI climate more investor friendly and remove the policy bottlenecks that have been hindering investment inflows into the country. FDI policy reforms carried out by ...

The value of India’s overall exports (merchandise and services) during first eight months of the current financial year, April-November 2020, was US$ 304.53 billion as compared to US$ 351.83 billion during same period of the previous year, showing a negative growth of 13.45%. During this period, India’s overall exports were US$ 44.87 billion in September 2020 as compared to US$ ...

India’s Trade Policy Review (TPR) has been carried out by the World Trade Organization (WTO) under the Trade Policy Review Mechanism, wherein the trade related policies of Member countries are reviewed at regular intervals by the WTO. India’s TPR meetings were held on 6th & 8th January 2021. USA and the EU have flaggedcertain trade related issues, including increase in ...

With the approaching harvest season of the golden spice, turmeric, Spices Board conducted a virtual Buyer Seller Meet(BSM) to strengthen market linkages and promoting exports. A total of 122 participants were part of this interactive event. The BSM aimed at giving accessibility to farmers and farmer producer groups for better price realization for their produce. The immunity boosting properties of ...

In the Union Budget 2021-22, Finance Minister, Nirmala Sitharaman, announced that Agricultural Produce Marketing Committees (APMCs) will become eligible beneficiaries to utilize the 1 lakh crore financing facility under Agriculture Infrastructure Fund (AIF) to enhance infrastructure at regulated markets, commonly known as Mandis. APMCs are state controlled markets that are setup to provide market linkages to farmers. Market yards or Mandis provide space for ...

Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh saidnuclear energy is an important component of the country’s energy mix and is being pursued along with other sources of energy in an optimal manner. In a written reply to a question in the Lok ...