The Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur said that 1,38,051 new companies registered in the current Financial Year from April 2020 to February 2021 while  10,113 of Companies have been struck off by invoking the Provisions of section 248 of the Companies Act, 2013 from April 2020 to February 2021. This the Minister stated in ...

As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period from 01.04.2020 to 31.12.2020 of the number of companies declared bankrupt in the country after the lockdown was imposed due to COVID-19 pandemic is as under: 283 firms were admitted into corporate insolvency resolution process (CIRP). 76 CIRPs ended in resolution, 128 CIRPs were closed ...

The Govt. of India through Central Silk Board has been implementing a Central Sector Scheme “Silk Samagra” an Integrated Scheme for Development of Silk Industry (ISDSI) during the years 2017-18 to 2020-21 for the overall development of Silk industry in the Country with an aim & objective to scale up production by improving the quality and productivity and to empower ...

As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total of 324 companies which have filed for bankruptcy during the aforesaid three years period. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, ...

Ministry of Food Processing Industries (MoFPI) has been implementing the Scheme for Creation of Infrastructure for Agro Processing Clusters (APC) under the Umbrella Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) to incentivize  setting up of agro processing clusters in the country. Under the Scheme, processing/preservation infrastructure like cold storage, pre-cooling chambers, ripening chambers, IQF, specialized packaging, Food testing laboratory, cleaning/ ...

During April-January, 2020-21, Crude oil processing is 182.2 MMT i.e. 73% of total crude oil processing capacity (249.87 MMT).During 2020-21, the capacity utilisation of Indian refineries are lower due to lower demand on account of Covid-19 pandemic. The policy initiatives taken by the Government to reduce import dependency and increase domestic production of oil and gas include: – Policy for ...

The Details of coal production in the country during the last five years and the current year is given below:   [In Million Tonnes] Year Actual Production 2015-16 639.230 2016-17 657.868 2017-18 675.400 2018-19 728.718 2019-20(Provisional) 730.873 2020-21(Provisional) 620.100 * * 2020-21 Production up to Feb’ 2021 Import of Coal in India during last three years and current years up to ...

Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh said that Government of India announced reforms for opening up the space sector to private entities by creation of the Indian National Space Promotion and Authorization Center (IN-SPACe) under the Department of Space. In a ...

There are two steel manufacturing Public Sector Undertakings (PSUs) under the administrative control of Ministry of Steel, namely, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL).  The revenue generated by SAIL and RINL during the last five years is given at Annexure-I. The steel industry witnessed severe downturn globally with demand slowdown, overcapacity, cheaper imports, variations in ...

Upgradation/modernization/beautification of stations on Indian Railways is a continuous and on-going process. Presently, Railway stations are upgraded/modernized under ‘Adarsh’ Station Scheme based on identified need of providing better enhanced passenger amenities at stations. Under ‘Adarsh’ Station Scheme, 1253 stations have been identified for development, out of which 1201 stations so far have been developed. The remaining 52 stations are planned ...