As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total of 324 companies which have filed for bankruptcy during the aforesaid three years period. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, ...
Read More »Author Archives: IIPnews
Agro Processing Clusters and Mega Food Parks in the country
Ministry of Food Processing Industries (MoFPI) has been implementing the Scheme for Creation of Infrastructure for Agro Processing Clusters (APC) under the Umbrella Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) to incentivize setting up of agro processing clusters in the country. Under the Scheme, processing/preservation infrastructure like cold storage, pre-cooling chambers, ripening chambers, IQF, specialized packaging, Food testing laboratory, cleaning/ ...
Read More »Demand of Domestic Petroleum Products
During April-January, 2020-21, Crude oil processing is 182.2 MMT i.e. 73% of total crude oil processing capacity (249.87 MMT).During 2020-21, the capacity utilisation of Indian refineries are lower due to lower demand on account of Covid-19 pandemic. The policy initiatives taken by the Government to reduce import dependency and increase domestic production of oil and gas include: – Policy for ...
Read More »Setting up of New CNG Pumps
Petroleum & Natural Gas Regulatory Board (PNGRB) is the authority to grant authorization to the entities to lay, build, operate or expand for the development of City Gas Distribution (CGD) or local natural gas distribution network in Geographical Areas (GAs) as per PNGRB Act, 2006.The Minimum Work Programme (MWP) as per the authorization to CGD entities entail establishment of 8181 ...
Read More »National Steel Policy
National Steel Policy enshrines the long term vision of the government to give impetus to the steel sector. The policy envisages to create a technologically advanced and globally competitive steel industry that promotes self-sufficiency in steel production as well as economic growth. Steel being a de-regulated sector, government acts a facilitator, by creating enabling environment for development of steel sector. ...
Read More »Index Numbers of Wholesale Price in India for the month of February, 2021
The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of February, 2021 (Provisional) and for the month of December, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) ...
Read More »Coal production in country
The Details of coal production in the country during the last five years and the current year is given below: [In Million Tonnes] Year Actual Production 2015-16 639.230 2016-17 657.868 2017-18 675.400 2018-19 728.718 2019-20(Provisional) 730.873 2020-21(Provisional) 620.100 * * 2020-21 Production up to Feb’ 2021 Import of Coal in India during last three years and current years up to ...
Read More »Dr. Harsh Vardhan inaugurates Centre for Advanced Radiation Shielding and Geopolymeric Materials and an Analytical High Resolution Transmission Electron Microscope Laboratory at CSIR-AMPRI, Bhopal
The Minister of Science & Technology, Earth Sciences and Health & Family Welfare, Dr. Harsh Vardhan, has said that CSIR-AMPRI has been successfully adopting ‘Waste to Wealth’ strategy as the institute has developed radiation shielding materials utilizing industrial wastes as raw materials.Significantly , a novel process for making lead free and highly effective shielding materials useful for the construction of ...
Read More »New scheme announced for tourist vehicle operators
The Ministry of Road Transport and Highways has announced a new scheme, under which any tourist vehicle operator may apply for an “All India Tourist Authorization/Permit” through online mode. It will be issued, after relevant documents are submitted and fees deposited, within 30 days of submission of such applications. The new set of rules,to be known as, “All India Tourist ...
Read More »Railway Parcel Management System undergoes total transformation
Indian Railways’ parcel services are geared towards providing transportation for small consignments, over a vast network of stations. Small businesses and traders (especially in smaller cities and towns) have been using these services for transportation of their merchandise, etc, from bigger cities and production centres to the place of their business in a fast, reliable and cheap manner. Common man ...
Read More »
Indian Industry Plus A Pratisrutiplus Suppliment