India’s overall exports (Merchandise and Services combined) in April2021* are estimated to be USD 51.79Billion, exhibiting a positive growth of 93.21per cent over the same period last year. Overall imports in April2021* are estimated to be USD 58.72Billion, exhibiting a positive growth of 122.24per cent over the same period last year. *Note: i) The latest data for services sector released ...
Read More »Commerce and Industry
India’s Trade Performance continues to be impressive in April-2021
India’s export performance continues to be impressive in April 2021 with merchandise exports accelerating by an impressive 195.72 per cent over April 2020 levels and 17.62 per cent over the April 2019 levels. Merchandise export, excluding POL and Gems &Jewellery, have increased by 160.24% in April 2021 over the same period of 2020-21 and by 20.47% over same period of 2019-20. The ...
Read More »QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF MARCH, 2021(BASE 2011-12=100)
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. 2. For the month of March 2021, the Quick Estimates of Index of ...
Read More »Centre undertakes multiple initiatives to enhance Oxygen availability, distributionand storage infrastructure
In order to address the surge in demand for oxygen, the Central Government has undertakenkey measures to increase the availability, streamline the distribution and strengthen the oxygen storage infrastructure in the country. The steps undertaken focused on the entire oxygen supply chain. These include efforts for improving oxygen production, enhancing tanker availability to optimizelogistics, improving oxygen storage at thelast mile, ...
Read More »INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MARCH, 2021
The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of March, 2021. The combined Index of Eight Core Industries stood at 143.1 in March, 2021, which increased by 6.8 (provisional) per cent as compared to the Index of March, 2020. Its cumulative growth during April to ...
Read More »Codex Committee on Spices and Culinary Herbs finalizes quality standards for 4 more spices
The Codex Committee on Spices and Culinary Herbs (CCSCH) has finalised and recommended quality standards for four spices; cloves, oregano, basil, and ginger, during its fifth session held virtually from 20th -29th April 2021. The committee forwarded these four new standards to the Codex Alimentarius Commission (CAC) for adoption at final step 8, as full -fledged Codex standards. In this session, CCSCH5 ...
Read More »India’s merchandise imports in March 2021 were USD 48.12 billion as compared to USD 31.47 billion in March 2020an increase of 52.89%;
India’s merchandise exports in March 2021 were USD 34.0 billion as compared to USD 21.49 billion in March 2020, anincrease of 58.23%.Exports during April-March2020-21 were USD 290.18 billion, as compared to USD 313.36 billion during the same period of last year, exhibiting a negative growth of 7.40%. India’s merchandise imports in March 2021were USD 48.12 billion as compared to USD ...
Read More »Make in India
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 ...
Read More »Core Infrastructure Sectors
The monthly Index of Eight Core Industries (ICI) is a production volume index. ICI measures collective and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The details of the growth of Index of Eight Core Industries during last year and since 2014-15 are attached in Annex. The ...
Read More »Promotion of Startups
Startup India is a flagship initiative of the Government of India launched on 16th January 2016. The initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth of Startups. Since the launch of Startup India initiative, a total of 44,766 Startups have been recognized by DPIIT as on 14th March 2021. States/UTs wise ...
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Indian Industry Plus A Pratisrutiplus Suppliment