The Tea Development & Promotion Scheme for the period 2023-24 to 2025-26 inter alia includes a range of incentives for small tea growers by mobilising them into self help groups (SHGs) and farmer producer organisations (FPOs). The assistance is aimed to increase their productivity and quality, greater value addition and thereby greater price realisation. The assistance/support is provided for common ...

The financial assistance for the Tea sector under the ‘Tea Development & Promotion Scheme’ has been increased by 82% from Rs. 290.81 crores to Rs.528.97 crore for the next 2 financial years (2024-25 and 2025-26). A range of incentives are planned to be provided to small tea growers by mobilizing them into SHGs and FPOs. Setting up of 800 SHGs ...

National Aluminium Company Limited (NALCO), the Navratna CPSE, under the Ministry of Mines, Government of India,has reported robust performance across all its business units, with best-ever annual production and sales during the Financial Year 2022-23. According to the financial results, taken on record in the Board of Directors meeting held today, NALCO has posted a net profit of Rs. 1544 ...

Under phase-II of FAME-India Scheme, Rs. 1000 Cr. is allocated for the development of charging infrastructure.  The Ministry has sanctioned 2,877 electric vehicle charging stations in 68 cities across 25 states/UTs.  Further, 1576 charging stations across 9 Expressways and 16 Highways under phase-II of FAME India Scheme has also been sanctioned.  The state-wise details of charging stations as sanctioned under ...

The Central Government has undertaken a series of reform measures to promote India’s upcoming drone industry which are as follows: (i) Drones Rules, 2021 notified on 25 August 2021 provide the necessary regulatory framework for commercial use of drones. These rules cover various aspects like type certification, registration and operation of drones, airspace restrictions, research, development and testing of drones, ...

The Make in Odisha conclave offers a unique opportunity to the investors to test the business worthiness of the state. Chief minister Naveen Patnaik has been focusing on such events as they help showcase the best of Odisha not only in the area of industry but also several other fields.  This is good business and its success is also bound ...

A total of 13,92,265 Electric Vehicles (EVs) are being used on the roads of India as on 3rdAugust, 2022 as per the information received from Ministry of Road Transport and Highways. The details are as under: Sl. No. Vehicle Category No. of electric vehicles 1 Two Wheeler 5,44,643 2. Three Wheeler 7,93,370 3. Four wheeler and above 54,252 Grand Total ...

Government has lifted the “export prohibition” on bamboo charcoal, a move that would facilitate optimum utilization of raw bamboo and higher profitability in the Indian bamboo industry. Khadi and Village Industries Commission (KVIC), which is supporting thousands of bamboo-based industries in the country, was persistently requesting the Government to lift the export restriction on bamboo charcoal. Chairman KVIC Shri Vinai ...

India has recorded highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22. In 2014-2015, FDI inflow in India stood at mere 45.15 USD billion as compared to the highest ever annual FDI inflow of USD 83.57 billion reported during the financial year 2021-22 overtaking last year’s FDI by USD 1.60 billion despite military operation in ...

As per existing guidelines, some of the activities under agriculture and tourism based enterprises are already covered in the ambit of MSME sector. Activities under these two categories, for which Udyam Registration (UR) is allowed, are given in the dropdown menu of the UR portal. Agriculture based activities such as Preparation of crops of primary market i.e. cleaning, trimming, grading  ...