The production of raw cashew nuts in India during 2017-18 has increased to all time high at 8.17 lakh metric tonneand registered growth of 4% compared to previous   production of 7.79 lakh metric tonneand 21 % increase compared to 2015-16 production of 6.70 lakh metric tonne. However, due to shortage of sufficient quantity of raw cashew nut and higher price ...

The State Level Single Window Clearance Authority Meeting held under the Chairmanship of Chief Secretary Sri Aditya Prasad Padhi accorded in principle approval to 4 investment proposals envisaging investment of around Rs.349 cr.  These projects, mainly in pharmaceuticals, textiles, downstream industries in metals and minerals sectors would create employment opportunities for more than 6000 people. The meeting was held today ...

  The Government has introduced the following measures to restrict the import of gold in the country: Imposition of restriction on duty free gold imports from the South Korea as allowed under the existing India-Korea CEPA. Imposition of self-use condition on Premiere Trading House and Star Trading House authorised to import precious metal (gold) directly from overseas bullion supplier (DGFT ...

For incubation and funding support more than 550 Startups have been mentored, 2,20,000 registrations have been achieved and over one lakh queries have been handled by the Startup India Hub as of June, 2018. Eighty incubation centers including Atal Incubation Centres and Established Incubation Centres have been selected for funding by the NITI Aayog in the second phase of Statrup ...

Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, released the final rankings of States in Ease of Doing Business in New Delhi today. The top rankers are Andhra Pradesh, Telangana and Haryana. Jharkhand and Gujarat stood fourth and fifth respectively. DIPP, Ministry of Commerce and Industry in collaboration with the World Bank conducted an annual reform ...

Global Trading System Must Include Services Trade: Suresh Prabhu  Services trade is growing faster than merchandise and such dynamic changes need to be captured in the global trading system, stated Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation. He was speaking at the 6th Growth Net Summit, being held in New Delhi on 18-19 June 2018, organized by AnantaCenter ...

Union Cabinet Minister of Heavy Industries & Public Enterprise (HI & PE), Anant Geete inaugurated the augmented facilities at the National Automotive Testing and RND Infrastructure Project (NATRIP) at the International Centre for Automotive Technology (ICAT) at Manesar in Haryana today. ICAT has been rendering services of automotive testing & certification to the industry since 2006. NATRIP is the largest ...

On achieving the global benchmark of low cost producer in Bauxite Mining and Alumina making, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has proved its mettle by registering high in terms of both physical and financial performances. According to the audited financial results for 2017-18, taken on record by the Board of ...

Minister of Commerce & Industry and Civil Aviation Minister, Suresh Prabhu, today addressed secretaries and senior officers in the first inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Secretaries to Government of India from Department of Commerce, DIPP, Electronics and IT, Animal Husbandry and Dairying and MSME, besides senior officers from about 14 other administrative Ministries/Departments ...

    Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded    International SME Convention- 2018 in New Delhi.  The directory provides information about export-import offices of policy makers, regulators, facilitators and all export promotion councils, ...