The index of mineral production of mining and quarrying sector for the month of February, 2021 (Base: 2011-12=100) at 116.5, was 5.5% lower as compared to the level in the month of February, 2020. The cumulative growth for the period April- February, 2020-21 over the corresponding period of previous year has been (-) 9.6 percent. Production level of important minerals in February, 2021were: Coal 746 lakh tonnes, Lignite 38 ...
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Mineral Production during March 2021 (Provisional)
The index of mineral production of mining and quarrying sector for the month of March, 2021 (Base: 2011-12=100) at 139.0, was 6.1% higher as compared to the level in the month of March, 2020. The cumulative growth for the period April- March, 2020-21 over the corresponding period of previous year has been (-) 7.8 percent. Production level of important minerals in March, 2021were: Coal 960 lakh tonnes, Lignite 52 ...
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 »Guidelines issued for fast and efficient vaccination of Civil Aviation Community
Ministry of Civil Aviation (MoCA) has issued enabling guidelines to facilitate the vaccination program in a fast and efficient manner to ensure timely vaccination of the aviation community. During the COVID-19 surge, the aviation community has worked tirelessly to ensure unhindered services for the movement of people in need and essential cargo including critical medical cargo like vaccines, medicines, Oxygen ...
Read More »India to import 4,50,000 vials of Remdesivir
The Government of India has started importing the vital drug Remdesivir from other countries to ease out the shortage of Remdesivir in the country. The first Consignment of 75000 vials will reach India today. HLL Lifecare Ltd, a Government of India owned company has ordered 4,50,000 vials of Remdesivir from M/s Gilead Sciences Inc USA. and Egyptian Pharma Company, M/s ...
Read More »Finance Minister Smt. Nirmala Sitharaman assures industry of Government’s support; Industry should wait & watch to assess the situation
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry to wait and watch for next few days to assess the situation amid the second wave of COVID-19 pandemic. The Finance Minister also assured the industry of full government support. Addressing the FICCI National Executive Committee Members through virtual mode, Smt. Sitharaman said that with ...
Read More »India has witnessed tremendous growth of 727% for Wheat export and 132% for (Non-Basmati) Rice export during 2020-21
India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural and allied exports during 2019-20 were Rs. 2.52 lakh Crores and imports were Rs. 1.47 lakh Crores. Even, during the difficult time of Pandemic, India took care not to disturb the world food supply chain and continued to export. The export of Agri and allied commodities ...
Read More »Exchange rate notification No. 40/2021 – Customs (N.T.)
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.31/2021-Customs(N.T.), dated 18th March, 2021 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of ...
Read More »Sanction for prosecution accorded in 366 cases in violation of CSR provisions
Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated as per provisions of the Act after due examination of records and following due process of law. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. ...
Read More »Bankrupt Companies after lockdown was imposed due to COVID-19 pandemic
As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period from 01.04.2020 to 31.12.2020 of the number of companies declared bankrupt in the country after the lockdown was imposed due to COVID-19 pandemic is as under: 283 firms were admitted into corporate insolvency resolution process (CIRP). 76 CIRPs ended in resolution, 128 CIRPs were closed ...
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