At present, there are 58 projects in different States sanctioned by Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry under Industrial Infrastructure Upgradation Scheme (IIUS)/Modified Industrial Infrastructure Upgradation Scheme (MIIUS) based on the project proposals received from Special Purpose Vehicles(SPVs)/State Implementing Agencies (SIAs). However, no project has been sanctioned in Sheohar district of Bihar under IIUS. ...

National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011.  NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) have been accorded final approval and 13 NIMZs have been accorded ...

  In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.96/2018-CUSTOMS (N.T.), dated  6th December, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs hereby ...

The Government of India has decided to confer the Prime Minister’s Shram Awards for the year 2017 to be awarded to 40 workers employed in the Departmental Undertakings & Public Sector Undertakings of the Central and State Governments and Private Sector Units employing 500 or more workers in recognition of their distinguished performances, innovative abilities, outstanding contribution in the field ...

As per International Energy Agency (IEA), India was the third largest coal producer in the world during 2016-17.  There is no shortage of coal in the Country. As on 1.04.2018 the vendible stock of coal was 55.6 MT and as on 15.12.2018 coal stock was 22.93 MT with CIL.  All India raw coal production has increased from 565.77 MT in ...

Foreign Direct Invest (FDI) has increased constantly from USD 45.15 billion in 2014-15 to USD 60.97 billion in 2017-18.This information was given by Minister of State for Commerce & Industry C. R.  Chaudhary in a written reply in the Lok Sabha today. To boost the investment environment and to bring in foreign investments in the country, the Government has brought ...

Union Minister of Commerce& Industry and Civil Aviation,Suresh Prabhu, released the first ever Manual of Operating Practices for Trade Remedy Investigations and Handbook of Operating Procedures of Trade Defence Wing, in New Delhi today. The Minister also released bilingual brochures and Trade Remedial Measures – Frequently Asked Questions, for use in outreach programmes aimed at familiarizing industry about antidumping measures, countervailing ...

The Special Economic Zones (SEZs) policy was launched in April, 2000.  The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005.  The SEZs Rules, 2006 came into effect on 10th February, 2006.  The salient features of the SEZ scheme are:- A designated duty free enclave to be ...

5,02,085 beneficiaries and projects have been assisted under the Prime Minister Employment Generation Programme (PMEGP) in 2018-19 (as on 30.11.2018) since its inception in 2008-09. This was stated by Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri Giriraj Singh while replying to a question in the Rajya Sabha today.           In reply to another question, the ...

In order to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same, Department of Heavy Industry is implementing FAME-India Scheme- Phase-I [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] from 1st April 2015. The scheme, which was initially upto 31st April 2017, has been extended upto 31st March, 2019 or till Notification of ...