Prime Minister’s Employment Generation Programme, (PMEGP), aimed at generating employment in rural and urban areas of the country, has helped women entrepreneurs set up 30,437 projects during 2016-17 and 2017-18 with financial assistance of over Rs. 85,305 lakh. This was stated by the Minister of State (I/C) for Micro, Small and Medium Enterprises(MSME) Giriraj Singh in a written reply in theLok ...
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CIL Coal Production has Increased by 105 MT (Approx) During the Last Four Years
The CIL coal production has increased by 105 MT (approx) during the last four years as compared to an increase of 31 MT (approx) during the period of 2010-11 to 2013-14 (4 years). Similarly offtake of coal from CIL has increased by about 109.12 MT during the last four years as compared to an increase of about 55.04 MT during ...
Read More »Growth of Infrastructure Industries
The Government is continuously taking steps to boost industrial growth including infrastructure sector which includes putting in place a policy framework to create conducive business environment, strengthening infrastructure network and ensuring availability of required inputs. Foreign Direct Investment (FDI) policy and procedures have been simplified and liberalised progressively. The Government has also taken up a series of measures to ...
Read More »SLSWCA approves 4 Investment proposals of Rs.1495 cr. envisaging employment for 6000 people.
The State Level Single Window Clearance Authority Meeting held under the Chairmanship of Chief Secretary Sri Aditya Prasad Padhi accorded in principle approval to 4 investment proposals envisaging investment of around Rs.349 cr. These projects, mainly in pharmaceuticals, textiles, downstream industries in metals and minerals sectors would create employment opportunities for more than 6000 people. The meeting was held today ...
Read More »Exploitation of Atomic Minerals
Government of India is aware of the fact that 10.98 million tonnes of resources of Molybdenum Ore is located in Tamil Nadu. However, Department of Atomic Energy (DAE) has not taken up any project for exploitation of Molybdenum available near Harur Taluk, Dharmapuri District in Tamil Nadu. Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic ...
Read More »11,30,840 Permanent employees in PSUs
As per Public Enterprises Survey 2016-17 laid in Parliament on 13.03.2018, the total number of permanent employees employed in Central Public Sector Enterprises as on 31.03.2017 are 11,30,840 of which Managerial/Executives are 2,65,486. The total number of contract workers engaged by CPSE as on 31.03.2017 stood at 3,38,521. This information was given by Shri Santosh Kumar Gangwar, Union Minister of ...
Read More »Over 550 startups mentored for incubation and funding support
For incubation and funding support more than 550 Startups have been mentored, 2,20,000 registrations have been achieved and over one lakh queries have been handled by the Startup India Hub as of June, 2018. Eighty incubation centers including Atal Incubation Centres and Established Incubation Centres have been selected for funding by the NITI Aayog in the second phase of Statrup ...
Read More »69,784 MW of renewable energy capacity has been installed in the country
In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity of around 11,887 MW was installed. Thus, renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges at present. There is no reliable formal institution which carries ...
Read More »Innovative Technology in Indian Automotive Sector
India is the 5th largest car manufacturer, 7th largest commercial vehicle manufacturer and largest manufacturer of two wheelers in the world. Indian auto industry has embraced global automotive technologies in vehicle as well as auto component industry and consequently, uses innovative manufacturing processes which are more people oriented as compared to a high degree of automation which is prevalent elsewhere in the ...
Read More »Measures to Recover Loan Amount from NPAs
Asset Quality Review (AQR) carried-out in 2015 for clean and fully Provisioned Bank Balance-Sheets revealed high incidence of Non-Performing Assets (NPAs). Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were reclassified as NPAs and provided for. Public Sector Banks (PSBs) initiated cleaning-up by recognising NPAs and provided for expected losses. As a result ...
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