India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman while presenting the Union ...

Demand of coal is higher than the current level of domestic supply of coal in the country. The entire demand of coal is not met from domestic production as the supply of high quality coal /coking coal (low-ash-coal) in the country is limited and thus no option is left but to resort to import of coking coal. Further, coal imported ...

The details of India’s overall (merchandise and services) imports along with percentage change from 2009-10 to 2021-22 are as given in the table below: Years Value of Overall Imports (in US$ Billion) 2009-10 348.40 2010-11 450.32 2011-12 567.55 2012-13 571.50 2013-14 528.95 2014-15 529.61 2015-16 465.64 2016-17 480.21 2017-18 583.11 2018-19 640.14 2019-20 602.98 2020-21 511.96 April-October, 2020 250.44 April-October, ...

Government of India has taken up implementation of various industrial corridor projects under National Industrial Corridor programme. The aim is to develop greenfield industrial nodes in India which can compete with the best manufacturing and investment destinations in the world. The objective for development of these nodes is to facilitate provision of plug n play infrastructure at the plot level and help ...

Investment Promotion activities are carried out by Government to attract more investments in the country. As a part of steps being taken to improve private interest and investment, ‘Make in India’ initiative was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. Investment outreach ...

India is actively negotiating Regional Trade Agreements (RTAs)/Free Trade Agreements (FTAs) with the following countries/regions : Sl. Countries/Regions Name of the Agreement 1 UAE India-UAE CEPA 2 Australia India – Australia Comprehensive Economic Cooperation Agreement (CECA) 3 Canada India – Canada Comprehensive Economic Partnership Agreement 4 Israel India – Israel Free Trade Agreement (FTA) 5 United Kingdom India-UK Enhanced Trade ...

An internet-based platform called ‘VIHANGAM’ integrated with a Remotely Piloted Aircraft System (RPAS) at Mahanadi Coalfields Limited (MCL) was inaugurated on 1st September 2021. The salient features of the said system are as under- (i) The system consists of a Ground Control Station (GCS), an RPAS, internet lease line of 40 Mbps and VIHANGAM portal. It has been deployed at two opencast ...

The Sagarmala Programme was launched with the approval of the Union Cabinet on 25th March 2015, with a view to achieve the broad objective of promoting port-led development in India. The Government had formulated a Central Sector Scheme to provide financial support to Major Ports by way of grant for construction /up-gradation of coastal berths to promote coastal shipping which ...

The removal of name of companies from the Registrar of Companies is a continuous process. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today.The Minister stated that companies can also apply for removing the name of the company u/s 248(2) of the Act, which is ...

‘Make in India’, is an initiative launched on 25th September 2014, a major national programme of the Government of India designed to facilitate investment, foster innovation, build best in class infrastructure, and make India a hub for manufacturing, design, and innovation. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to ...