Indian Industry Plus A Pratisrutiplus Suppliment

The Government introduced a comprehensive Agriculture Export Policy in December 2018, with the following objectives: To diversify our export basket, destinations and boost high value and value added agricultural exports, including focus on perishables. To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports. To provide an institutional mechanism for pursuing market access, tackling barriers and dealing with ...

A number of schemes have been launched for supporting traders. Details of Schemes for supporting Traders are given as under: 1. National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons Ministry of Labour & Employment has launched “National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons” on 12.09.2019. It is a voluntary and contributory pension scheme. Enrolment to the scheme is ...

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 ...

The Government of India is making continuous efforts under InvestmentFacilitationfor implementation of Make in India action plans to identify potential investors. Support is being provided to Indian Missions abroad and State Governments for organising events, summits, road-shows and other promotional activities to attract investment in the country under the Make in India banner. Investment Outreach activities are being carried out ...

India’s exports during the last three years are as under: Year Exports (Merchandise +Services) (USD Billion) Growth (%) 2017-18 498.61 13.31 2018-19 538.08 7.91 2019-20 526.55 -2.14 Source: DGCI&S& RBI Eexport targets are set for Special Economic Zones (SEZs)/Export Oriented Units (EOUs). The SEZ units/EOU units are under obligation to achieve positive Net Foreign Exchange (NFE) earning to be calculated ...

Government of India has issued the Public Procurement (Preference to Make in India) Order,2017 as amended on 16/09/2020 to encourage “Make in India” and promote manufacturing and production of goods and services in India with a view to enhancing income and employment. This Order is applicable to all Ministries, Departments, attached or subordinate offices and autonomous bodies controlled by the ...

Government of India is developing various Industrial Corridor Projects as part of National Industrial Corridor Programme which is aimed at development of greenfield industrial cities in India in order to compete with the best manufacturing and investment destinations in the world. National Industrial Corridor Development & Implementation Trust (NICDIT) has been constituted for unified development of Industrial Corridors in the ...

Government has taken the following steps to achieve the target of augmentation of coal production capacity: 1. Single Window Clearance System has been launched. 2. Guidelines for procedure and approval of mining plan has been simplified. 3. Auctioning of coal mines for commercial sale of coal started. 4.  Regular review and monitoring of allocated coal mines in the past. 5.  ...

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 ...