Prime Minister Narendra Modi visited Kochi , Kerala today and dedicated to the nation and also laid foundation stone for various projects in the state. Among the projects dedicated to the nation include Integrated Refinery Expansion Project Complex (IREP) at Kochi. IREP will be a modern expansion complex and transform Kochi refinery into the largest PSU Refinery in India with ...
Read More »News
National Bamboo Mission
The restructured National Bamboo Mission (NBM) was approved in April, 2018 for implementation till the end of 14th Finance Commission i.e. 2019-20. The scheme aims to inter-alia supplement farm income of farmers with focus on the development of complete value chain of bamboo sector linking growers with industry. The scheme is being implemented in non-forest Government land, farmers field in States ...
Read More »NALCO Celebrates 39th Foundation Day
In a historic step that is bound to leave a lasting impact on the cultural and sporting landscape, National Aluminium Company Limited (NALCO) today launched a slew of initiatives to promote cultural organisations and sporting talents in Odisha, to mark the 39thFoundation Day Celebrations. Padma Shri Manoj Das was bestowed with NALCO Lifetime Achievement Award while Shri NiranjanRath, Secretary, LokSevakMandal ...
Read More »International Civil Aviation Organization Predicts 100 % Increase in Global Air Travel by 2030
With hundreds of millions of people joining the global middle-class, the demand for air travel is witnessing an unforeseen upsurge. The International Civil Aviation Organization has predicted a 100 percent increase in global air travel by the year 2030, creating a need for extensive efforts to bring the entire aviation ecosystem to pace. To ride this strong tailwind of growth ...
Read More »Anti-Dumping Duty on Chinese Goods
Directorate General of Trade Remedies (DGTR), erstwhile DGAD, had conducted investigations on subsidies on Chinese goods and imposed countervailing/anti-subsidy duty on the following products imported from China as per the provisions under Customs Tariff Act 1975 and the Customs Tariff (Identification, Assessment, and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995: S.No. Product(s) Date ...
Read More »Procurement of Goods and Services from MSMEs by PSEs
Annual procurement of goods & services from Micro, Small and Medium Enterprises (MSME) by the Central Public Sector Enterprise (CPSE) during 2017-18 stands at Rs. 24226.51 crore in which the share of procurement from MSEs owned by SC/ST Entrepreneur is Rs. 442.52 crore. The details of annual procurement by the CPSEs during the last four years, as per information provided ...
Read More »Reduction of Sales, Production and Job Opportunities in Khadi Sector
Sales, production and job opportunities in Khadi sector are showing an increasing trend since the last three years: (Rs. in crore and Employment in lakh persons) Sl.No. Particulars 2015-16 2016-17 2017-18 I. PRODUCTION A Khadi (incl.Polyvastra) 1158.44 1520.83 1626.66 B Village Industries 33331.78 41110.26 46454.75 Total-I 34490.22 42631.09 48081.41 II. SALES A Khadi (incl.Polyvastra) 1663.98 2146.60 2510.21 B Village Industries ...
Read More »Agri Export Zones
The concept of Agri Export Zone (AEZ) was introduced in 2001, through EXIM Policy 1997-2001, to take a comprehensive look at a particular produce/product located in a contiguous area for the purpose of developing and sourcing the raw materials, their processing/packaging, leading to final exports. The concept hinged primarily on convergence of existing Central and State Government schemes to take ...
Read More »Effective Disaster Management in Mines to Boost Mineral Production
On 29th December 2018, I came across heart breaking news in the media that, the Indian Air Force and Navy have joined the operation to rescue fifteen mine workers trapped since 13th December in a flooded coal mine in Meghalaya. This is an illegal coal mine functioning without any safety measures. This tragedy has made the nation ...
Read More »Steel Production and Export
Export and import are dynamic situation which keep fluctuating based on factors like cost of raw material, exchange rate, domestic demand, international price of steel, inventory stocking/destocking, demand in global market and competitiveness. India’s exports declined by 23.1 percent to 0.598 million tonnes as shown under: Total Finished Steel (alloy/stainless+ non-alloy) Export (mt) Year Qty %change over last year ...
Read More »
Indian Industry Plus A Pratisrutiplus Suppliment