During the last seven financial years, Foreign Direct Investment (FDI) inflows worth US$ 440.26 billion have been reported in India. FDI inflow in India stood at US$ 45.15 billion in 2014-2015 and has increased since then. The financial year wise details are as under: S. No. Financial Year Amount of FDI inflows (in US$ billions) 1. 2014-15 45.15 2. 2015-16 ...
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Opening of Technical Bids for Auction of Mines for Sale of Coal
The auction process of 88coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on October 12, 2021. The last date of submission of Technical Bid was December 14, 2021. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (December 15, 2021) in the presence ...
Read More »Climate Change makes children vulnerable to infectious diseases: Study
Scientists have found that climate parameters accounted for 9-18% of the total infectious disease cases in a study to probe the association between climate parameters and infectious diseases in children under 16-years-of-age in Varanasi-city in central Indo-Gangetic Plane. Climate change driven by anthropogenic activities may challenge the gains in public health over the past many years, particularly in a country like India ...
Read More »Mining Sector Welfare Schemes Introduced
Details of welfare schemes in mining areas, State-wise and fund allocated are as per Annexure-I. Government has taken following actions to check the ensure misuse of District Mineral Foundation Trust Fund which is for welfare of people and areas affected by mining related activities: i. To ensure effective implementation of the PMKKKY scheme in transforming the living standards / ...
Read More »Raising of Mineral Royalty Rates
In exercise of the powers conferred under sub-section (3) of Section 9 of the Mines and Minerals (Development and Regulation) Act, 1957, the Central Government notified the rates of royalty vide Gazette Notification dated 01.09.2014 and royalty rates prior to 2014 were notified vide Gazette Notification dated 13.08.2009. The current rates of royalty on iron ore, chromite, manganese ore, bauxite ...
Read More »Aim to increase the turnover of plastic industry to Rs 10 lakh crore from present level of 3 lakh crore in next 5 years – Shri Piyush Goyal
Shri Piyush Goyal today asked the Plastic manufacturing industry to aim to increase their turnover to Rs 10 lakh crore from present level of 3 lakh crore in next 5 years. He said that huge potential exists to increase the manufacturing of plastic machinery in India and reduce dependence on Imports. Shri Piyush Goyal, Minister for Commerce & Industry, Textiles ...
Read More »Six Technology Innovation Platforms launched to foster technological innovations in Heavy Industries
Ministry of Heavy Industries launched six web-based technology innovation platforms on 2nd July, 2021 in order to bring together the Industry & Academia to foster technological innovations in heavy industries. They offer opportunities to industries to seek optimum solutions for technological problems faced by them from the vast pool of scientific & technical manpower in the academia. The details of the ...
Read More »Measures Adopted to Curb Illegal Mining
The Ministry of Mines, through Indian Bureau of Mines (IBM), has developed the Mining Surveillance System (MSS), in coordination with Bhaskaracharya Institute for Space Applications & Geo-informatics (BISAG), Ministry of Electronics & Information Technology (MeitY) to use space technology for curbing illegal mining activities of major minerals in the country. The system checks upto 500 meters around the existing mining ...
Read More »Scheduled Commercial Banks recover Rs 90 crore from financial frauds in last 5 years
Cyber financial frauds in banking primarily relate to frauds that have taken place on ATM/ debit cards, credit cards and internet banking platforms. This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in written reply to a question in Lok Sabha today. Giving more details, the Minister stated that as per RBI data on frauds ...
Read More »Inspection by Central Pollution Control Board
Emission and discharge from industrial units are one of the many sources of pollution. All industries, including highly polluting (17 category) industries likechlor alkali, pesticide, pharmaceutical, petrochemical, dye &dye intermediate, fertilizer, oil refinery, inorganic chemicals andorganic chemical have provided pollution control system for effluent as well as emission to comply with the notified standards. The compliance status of effluent and emission ...
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