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Coal Sector Achieves Impressive 10.6 % Growth in December Among Eight Core Industries

The coal sector has showcased highest growth of 10.6 % (provisional) among the eight core industries for the month of December 2023 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries. The index of coal industry has reached 204.0 points during Dec’23 as compared to 184.4 points during the same ...

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22 Nuclear Power Reactors operational in the country

India’s Nuclear Power capacity witnessed a quantum jump after 2014, when Narendra Modi took over as the Prime Minister. Going by the exact figures, in the year 2013-14 if the annual nuclear power generation stood at 35,333 Million Units, in the latest year of 2021-22 it stands at 47,112 Million Units which is nearly 30 to 40 percent increase within ...

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341.91 lakh bales of cotton production reported in 2022-23

The Union Minister of State for Textiles, Smt. DarshanaJardosh in a written reply to a question in Rajya Sabha today informed, that the production of cotton in Maharashtra, Uttar Pradesh and Madhya Pradesh during last cotton year 2021-22 (Oct. – Sept.) and current cotton year 2022-23 is given below: (Production in lakh bales) Cotton Year Maharashtra Uttar Pradesh* Madhya Pradesh ...

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AMRIT BHARAT STATIONS

The Amrit Bharat Station Scheme has recently been launched for development of Railway stations on Indian Railways. Presently, the scheme envisages to take-up 1275 stations for upgradation/modernisation over Indian Railway.  Under this scheme, 18 stations of Sonpur Division and 20 stations of Samastipur Division have been identified.  The list of 1275 stations identified to be taken up under the Amrit ...

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Spices Board establishes eight crop specific Spices Parks across the country

Spices Board has established eight crop specific Spices Parks across the country, the Minister of State for Commerce and Industry, Smt. Anupriya Patel said in reply to a parliamentary question today. The details of spices parks are as below: Name of the Spices Park State Spices covered Chhindwara Madhya Pradesh Garlic and Chilli Guna Madhya Pradesh Coriander Guntur Andhra Pradesh ...

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Centre takes proactive steps to promote the GI tagged products in the global market

The Government has taken several proactive steps to promote the GI tagged products in the global market, the Minister of State for Commerce and Industry, Shri Som Parkash said in reply to a parliamentary question today. The Directorate General of foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India, responsible for ...

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Centre formulates ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors

Centre has formulated ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors, namely, Information Technology & Information Technology enabled Services, Tourism & Hospitality Services, Medical Value Travel, Transport & Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and ...

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Rs. 477.25 crore approved to 133 incubators under the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS), a flagship scheme under Startup India initiative has been implemented with effect from 1st April 2021. Under the Scheme, Rs. 477.25 crore has been approved to 133 incubators of which Rs. 211.63 crore has been disbursed as on 31st December 2022, Minister of State for Commerce and Industry, Shri Som Parkash said in ...

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Union Budget to give a boost to exports and manufacturing

Union Budget 2023-24 has a slew of measures to give boost to exports and help accelerated growth of manufacturing in the country.  The indirect tax simplification and rationalization has a clear export-oriented focus. Following are highlights for export and manufacturing Sector: The Department of Commerce’s recommendation on lab grown diamond (LGD) has been accepted whereby the research grant of Rs. ...

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37.4% INCREASE IN CAPITAL EXPENDITURE TO 10 LAKH CRORE IN BE 2023-24

Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. Capital Investment as a driver of growth and jobs To ramp the virtuous cycle of Investment and job creation the budget took lead again by ...

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