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INDIA’S FOREIGN TRADE: February 2018

 MERCHANDISE TRADE EXPORTS (including re-exports) Exports during February 2018 have exhibited positive growth of 4.48 per cent in dollar terms vis-à-vis February2017. Exports have been on a positive trajectory since August 2016 to February 2018except for a temporary setback in October 2017. Exports during February 2018were valued at US$ 25834.36million as compared to US$ 24726.71 million during February 2017. In ...

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7 .2% growth in supply of coal to power sector

During the current year 2017-18, the growth in supply of coal to power sector is 7.2%, based on the rising demand of coal based generating stations. As estimated by the Ministry of Power, the Pan India growth of coal based generation would be 5.4% to 5.7% in the current year & next four years.As an alternative energy source, the Government has ...

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Implementation of UNNATI Project

 The aims and objectives of Project UNNATI of the Ministry of Shipping are as follows: Benchmark operational and financial performance of the 12 major ports with selected Indian private ports and best-in-class international ports for identifying improvement areas. Undertake capability maturity assessment for key processes and functional capabilities (e.g., IT, HR, Environment, and Health) and identify gaps and areas for ...

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3686 centrally protected monuments/sites under the Archaeological Survey of India: Dr. Mahesh Sharma

There are 3686 centrally protected monuments/sites under the Archaeological Survey of India (ASI). The conservation and maintenance of these monuments, including forts and temples, is done regularly as per the availability of resources.  They are in a good state of preservation.Under the National Culture  Fund (NCF) several PSUs, financial institution, etc. have come forward to provide funds for various amenities ...

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Steps to reduce cost of production and import of coal 

  Some of the measures taken to bring down the cost of production by Coal India Limited (CIL) include the following: e-reverse auction for finalization of contracts for explosives implemented. Action taken for improving competition in tenders and cost reduction: In case of procurement, introduction of Reverse Auction (RA) for tenders valued more than 1 crore with Start Bid price as ...

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Supply of coal to power and non-power sectors 

          In order to meet the requirement of thermal power plants (TPPs), Coal India Limited (CIL) and Singareni Collieries Company Limited (SCCL) have offered coal through road mode from available pithead stocks to TPPs which are located within 50 kms to 60 kms from the nearest mine. As a result of these efforts, coal supply to power plants has been 457.36 ...

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Direct Tax collections for F.Y. 2017-2018 show growth of 19.5% up to february, 2018 

The provisional figures of Direct Tax collections up to February, 2018 show that net collections are at Rs.7.44 lakh crore which is 19.5% higher than the net collections for the corresponding period of last year. The net Direct Tax collections represent 74.3% of the Revised Estimates of Direct Taxes for ​the Financial Year 2017-18 which stand at Rs. 10.05 lakh crore. Gross collections (before adjusting for refunds) have increased by 14.5% to Rs.8.83 lakh ...

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Government Revises Model Concession Agreement for PPP in Major Ports 

Government Revises Model Concession Agreement for PPP in Major Ports  In order to make  port projects more investor friendly and make investment climate in the Major Port sector more attractive, the Government has approved the revised Model Concession Agreement (MCA) for Public Private Participation (PPP) projects in Major Ports on 3.1.2018.  Salient features of the revised MCA are as follows ...

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134.61 million tonnes Transportation of Goods through Waterways 

The total quantity of cargo transported on National Waterways (NWs) since 2008-09 upto January, 2018 is 134.61 million tonnes. There has been a gradual increase in the overall quantity of cargo transported on NWs in the last few years. The year wise details are given below­­: – Cargo transported on National Waterways (NWs) (in Million Tonnes) YEAR NW-1 NW-2 NW-3 ...

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Unveils Compendium of Investible Projects in Agriculture & Allied Sectors in Odisha

BHUBANESWAR, 6 March 2018: With Odisha being essentially an agrarian State and agriculture considered the lifeline of Odisha’s economy, the Odisha Government has decided to improve production and productivity with sustainable agricultural practices, raise farmers’ income by promoting efficient production technology, post-harvest solutions, value-addition and remunerative market options. “The State Government is committed to accelerating inclusive and a sustainable growth in the farm ...

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