India’s overall exports (merchandise and services) have increased since 2016-17. During the current period 2018-19 (Apr-Sept), India’s overall exports registered a positive growth of 17.01% as compared to the corresponding period of previous year. The details of India’s overall exports for last three years and the current year are as follows: Years Value of Exports (US$ billion) % Change 2015-16 416.60 ...
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Gas trading hub to be set up soon to allow easy and ready access to gas suppliers
The Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship Shri Dharmendra Pradhan has said that Energy is a key driver of economic growth and thus, our Government’s focus has been to bring about transformational changes in the energy landscape of India to fulfil the twin objectives of energy justice and climate justice. Speaking at a Programme here ...
Read More »Develop Adequate Infrastructural and Service Facilities to Expedite Industrialization
Make in India’ programme which was started about four years back by the India government, has motivated some of the states in the country to start industrialization programme in their respective states. In this regard, very promptly the government of Odisha organized the First ‘Make in Odisha’ Conclave in Novermner 2016 and the Second one in November 2018 both at ...
Read More »SEZ Policy Report Submitted to Commerce Minister
The Baba Kalyani led committee constituted by the Ministry of Commerce& Industry to study the existing SEZ policy of India submitted its report to the Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, in New Delhi today. The objectives of the committee were to evaluate the SEZ policy and make it WTO compatible, suggest measures for maximizing utilisation ...
Read More »Commerce Minister Releases Report on Industrial Park Rating System
The Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, released the report prepared by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry, on Industrial Park Rating System. Speaking on this occasion, Commerce Minister said that manufacturing has emerged as one of the high growth sectors in India and it has moved 23 places ...
Read More »DIPP hosts Global Digital Content Market2018
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, is hosting a conference on Global Digital Content Market (GDCM)2018, on14th– 15thNovember 2018, in New Delhi.The conference will feature sessions on music, film, broadcasting and publishing, as well as collective management, emerging models and the implications for the market and policy makers. India has been chosen as ...
Read More »Estimates of Index of Industrial Production and Use-Based Index for the Month of September, 2018 (Base 2011-12=100)
The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of September 2018 stands at 128.6, which is 4.5 percent higher as compared to the level in the month of September 2017. The cumulative growth for the period April-September 2018 over the corresponding period of the previous year stands at 5.1 percent. 2. The ...
Read More »Commerce Ministry Strategizing To Make Indian Exports More Competitive: Suresh Prabhu India’s exports rose by 9.8%, in financial year 2017-18, which is the highest rate of growth in six years. This positive growth in exports has taken place at a time when there is a lot of negative headwinds globally. This was stated by Union Minister of Commerce & Industry ...
Read More »38 Moussigned at Bhubaneswar Steel Conclave
Capital Goods(CG) producers from across the globeinked 38 MoUs with Indian steel companies which will reduce imports for the steel sector worthRs 39,400 crore.TheMoUs were signed at a Conclave in Bhubaneswar today which wasorganized by Ministry of Steel, Government of India, in association with Confederation of Indian Industry (CII) and MECON. The National Steel Policy – 2017 envisages creation of ...
Read More »Dharmendra Pradhan launches the Road Show for Phase II of Indian Strategic Petroleum Reserves
Government of India’s one of the key initiative towards energy security of the country – the strategic petroleum reserves program, envisions creation of additional crude oil reserves facilities in Private Public Partnership (PPP) mode and the road show for the same was launched here today by Shri Dharmendra Pradhan, Minister ofPetroleum and Natural Gas and Skill Development and Entrepreneurship Speaking on the occasion, Shri ...
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